Onion prices: What's happening in Central Asia and Eastern Europe?

Published 2023년 5월 15일

Tridge summary

The article provides an overview of the dynamic market trends for onions in various fruit and vegetable markets, focusing on the impact of new crop vegetables from countries like Uzbekistan, Tajikistan, Kyrgyzstan, and Kazakhstan. It highlights the significant price fluctuations in onion markets, with countries such as Tajikistan, Uzbekistan, and Georgia experiencing significant price drops or increases, driven by the availability of new crops and logistical factors. It also notes the high price levels in countries like Ukraine, Moldova, and Poland, where onions are still expensive and the market trends are closely monitored for changes, particularly with the anticipated local harvests and import activities. The article underscores the complex market dynamics, including export volumes, crop losses, and currency factors, that contribute to the price movements and the overall market situation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, onions remain one of the most dynamic positions in the fruit and vegetable market, although, thanks to the arrival of new crop vegetables from Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan, the hype in the market has somewhat subsided. However, there were some unexpected trends in the previous week that cannot be overlooked. First of all, all countries should be divided into two categories: these are countries where the market was dominated by new crop onions, and those where the local harvest of new crop onions has not yet begun to be harvested or where it does not dominate. The countries where new crop onions dominate, where we monitor prices, are Tajikistan, Uzbekistan and Georgia. The cheapest bow is now in Tajikistan. Over the week, wholesale prices for onions in this country decreased by another 19% and reached $0.21 per kg! Thus, onions in this country are already cheaper than a year earlier. Interestingly, you can buy wholesale onions ...

Source: Eastfruit