Since the beginning of the year, Kazakhstan has exported 86 thousand tons of onions

Published 2024년 4월 1일

Tridge summary

Kazakhstan has seen a significant rise in onion production over the last five years, leading to an oversupply and a drop in prices, particularly as the shelf life of onions approaches its end in April. Despite exporting over 86 thousand tons of vegetables to third countries in the early months of the year, the country is facing reduced demand for its onions due to fresh supplies from Tajikistan and Uzbekistan. Deputy Prime Minister Serik Zhumangarin is looking into non-traditional markets to help mitigate future risks for domestic vegetable producers. This situation is exacerbated by overproduction in neighboring countries and logistical challenges, causing a regional decrease in onion prices since May 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the same time, in January-February, Kazakhstan exported over 86 thousand tons of vegetables to third countries (excluding the EAEU). It should be taken into account that the shelf life of onions is coming to an end, in April the commercial quality of onions deteriorates significantly, and in this regard, the possibilities for exporting domestic products are also reduced. Consumers are expecting fresh early onions from Tajikistan and Uzbekistan to arrive on the market, the harvesting of which has already begun. Accordingly, the demand for Kazakh onions has decreased, and the vegetable is sold at a minimum price. The republic is working to create a mechanism to prevent similar situations in the future, which will reduce risks for domestic vegetable producers in the future. Pursuant to the instructions of Deputy Prime Minister of the Republic of Kazakhstan Serik Zhumangarin, the export operator is exploring all possible options for selling onions, including supply to ...
Source: Agrosektor

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