Onion on a global scale, a sector under pressure

Published 2023년 11월 8일

Tridge summary

The International Onion Meeting took place in Albacete, Spain, highlighting innovations in onion cultivation, harvesting, processing, and packaging. However, the global onion market is facing challenges due to unfavorable conditions, including drought, harsh winter conditions, and pest attacks in Europe, and reduced rainfall in India leading to an export tax to ensure an adequate supply in the local market. Domestics onion prices in India have increased by an average of 20% between July and August.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Worldwide, onion cultivation is essential as it spans more than 175 countries, generating income for millions of producers. However, this year has brought its share of challenges for players in this crucial sector. In Spain, and more precisely in the town of Albacete, in the heart of the autonomous community of Castile-La Mancha, November 7 and 8 marked the start of the third edition of the International Onion Meeting, also known as the name International Onion Meeting (IOM). This exceptional event, dedicated to the second most important horticultural product in the world after the tomato, takes place over two days and highlights the latest innovations in cultivation, mechanized harvesting, processing and packaging of onions . Beyond this captivating program, this new edition of the International Onion Meeting takes place in a tense context in terms of global supply. Indeed, the global onion market is facing unfavorable conditions which are affecting the supply from many suppliers ...
Source: Agrimaroc

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