Central Asia: Onion prices declined, farmers of Kazakhstan complain

Published 2024년 1월 16일

Tridge summary

Central Asia is experiencing problems with excess onion supply, resulting in declining prices and difficulties in selling the harvest. Kazakhstan's Ministry of Trade advised farmers to export onions, but transportation costs and oversupply in other markets are causing challenges. Despite being a net importer, Kazakhstan has started exporting onions to Afghanistan in an effort to alleviate the oversupply issue.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EastFruit analysts draw attention to the ongoing problems with the sale of onions in the countries of Central Asia, which we warned about back in June in the material “What will we do with onions from August?”. We recently talked about how onions in Uzbekistan are now much cheaper than during harvest and prices continue to decline. Another confirmation of the region’s problems with an excess supply of onions was received from Kazakhstan. The APK News agency reported that farmers in the Almaty region are experiencing difficulties in selling the harvested onion crop. Interestingly, the country’s Ministry of Trade advised farmers to export onions. But it is with export that there are problems! In order to intensify exports, onion prices in Kazakhstan will have to decrease quite significantly, because transporting products to EU countries or the Middle East is quite expensive, and in Russia farmers themselves are experiencing the same problems - there are too many onions on the ...
Source: Eastfruit

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