The weather is causing concern in the global onion market

Published 2023년 9월 22일

Tridge summary

The global onion market is facing challenges due to unpredictable weather in producing countries, leading to higher prices and smaller harvests in Europe, India, and Spain. The Netherlands has concerns about the quality of its onions and unpaid bills, while Germany, Austria, and Italy are also experiencing difficulties with harvests and price spreads. Egypt has imposed a temporary ban on onion exports to stabilize local prices, while South Africa and China are dealing with fluctuating prices. The North American market is expecting high quality and steady demand for fall onion harvest. Egyptian onions have been removed from the European market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The global onion market is currently experiencing a turbulent situation in many markets, mostly due to unpredictable weather in producing countries. In Europe, prices are higher, the harvest is smaller than usual. Egypt is struggling with prices on the domestic market, India and Spain are struggling with harvests. This is stated in FreshPlaza's overview of the global onion market. In the Netherlands, despite high prices, concerns remain about the quality of Dutch onions and unpaid bills from the previous season, it said. In Germany, the onion harvest is expected to be lower than average, mainly due to the delay in early summer harvest and the prospect of larger onion sizes. Austria is struggling with poor harvests and widening price spreads, making export markets less accessible. France, enjoying a promising onion season, faces potential changes in demand as other countries such as India and Spain face harvesting difficulties. Italy, which has been hit by bad weather, is seeing a ...

Source: Agrotimes