Onion production in Egypt 60% lower than last year

Published 2023년 3월 22일

Tridge summary

Egyptian onion production is estimated to be 60% lower than last year due to farmers switching to wheat cultivation, following a less favorable onion growing season and unprofitable sales prices. This has resulted in a reduced supply and increased prices. Despite the lower volumes, Egyptian exporters are optimistic about profitable business opportunities due to ongoing European onion shortages.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Egyptian exporters are talking in news outlets about much lower onion production. The season theoretically started in mid-February, but no one hides that production will be 60 percent lower than last year. One exporter explains to freshplaza.com that farmers have decided to grow wheat this season. Knowing that Ukraine faced significant problems, they felt that they would benefit from filling this gap. Besides, last year's season was not very favorable for onion growers. The sales prices did not cover the cost of production, which further motivated the Egyptian producers to change. As a result, supply is significantly lower and prices higher. Egyptian ...
Source: Warzywa

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.