Netherlands: "Onion prices will rise again from March 2022"

Published 2021년 11월 3일

Tridge summary

The article highlights the stable market conditions and good sales performance of onions in the last season, with a director from Heinz Düpmann GmbH & Co. KG, Heinz Düpmann, expecting minor price changes from the new year despite lower volumes due to adverse weather conditions. The majority of the company's onion sales are made through contract cultivation, with contributions from Poland and the Netherlands, and the products are primarily sold to industrial companies in Germany, Switzerland, Austria, and the Netherlands. A significant price increase is anticipated in March 2022 due to reduced net yields from a cold spring and insufficient rainfall. The Netherlands, with a production of approximately 1.3 million tons, is expected to export a large share of its onions to Africa, where demand is high despite high freight costs. The article also touches on the challenges faced by local producers in Poland due to increasing electricity prices and discusses the growing demand for regional products and the difficulties faced by growers in selling their produce at desired prices.

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Original content

There were no major price fluctuations in the last onion season, but there will be some changes from the new year. According to Heinz Düpmann (photo right), director of the vegetable processing company of the same name from Borgholzhausen, things are looking pretty good so far: "Sales are going well and we have already been able to conclude many contracts. We have informed our customers that the prices will also remain fixed for them for the time being. Our terms usually run until the end of July of the coming year." Stable market situation despite tighter volumes "However, volumes will be tighter than last year. Of course sales also depend on what happens in the Netherlands. But I am convinced that the market will be more stable than last year," says Düpmann. "The majority of our onion sales come from contract cultivation. But we also buy in Poland and the Netherlands." The main customers include industrial companies from Germany, Switzerland, Austria and the Netherlands. ...

Source: AGF