Philippines: Prices of imported red onions reach more than €5 per kilo

Published 2022년 11월 25일

Tridge summary

The prices of imported red onions in Zamboanga City, Philippines, have significantly increased due to high demand, reaching up to P300 per kilo. This is a substantial rise from the previous price of P260 per kilo. The Office of the City Agriculturist in Zamboanga City has noted that the price hike is due to low supply and rising demand, particularly with the upcoming Christmas season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As demand has increased, the prices of imported red onions have skyrocketed, reaching as high as P300 per kilo in Zamboanga City, the Philippines. This was a marked increase from the price of P260 (€4.42) per kilo in the city's public markets last month. This meant that many consumers chose to limit their purchases. According to a seller, the price of red onions could even rise to P320 to P340 (€ 5.41 to € 5.75) per kilo this week. According to the Office of the City Agriculturist in Zamboanga City, red onion prices have increased due to high demand, especially as the Christmas season approaches. "There are many factors that influence the price increase of ...
Source: Uiennieuws

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.