Ukraine exported the largest volume of onions in eight years and dramatically expanded the geography of exports

Published 2021년 8월 30일

Tridge summary

In the 2020/21 season, Ukraine saw a significant increase in onion exports, with over 34.1 thousand tons sent to international markets, earning $ 6.5 million. This marks the largest export volume in eight seasons, though it falls short of the record set in the 2012/13 season. The low domestic prices of onions, the highest in nine years, meant that the export efforts were not particularly effective and quality parameters could have been improved. Despite these challenges, Ukraine managed to expand its export reach, with half of the exports going to the EU, particularly Romania. The Middle East, CIS, and Asia also played a role in absorbing Ukrainian onions, with Bangladesh and Malaysia being significant buyers. There was also the first systematic export to Sub-Saharan Africa, with countries like Cameroon and Sierra Lyon showing interest. While the pricing for the 2021/22 season looks promising, with a majority predicting price increases, there are concerns about the pricing environment and the potential for further support for these export channels.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, Ukraine in the 2020/21 season has dramatically increased volumes and expanded the geography of onion exports. In total, more than 34.1 thousand tons of onions were supplied to foreign markets for the amount of $ 6.5 million. This was the largest export volume over the past eight seasons, but far from a record one, because in the 2012/13 season, i.e. nine years ago, Ukraine exported 54.3 thousand tons of onions. “It is probably not worth considering such an export result as a great success,” says Andriy Yarmak, an economist at the investment department of the United Nations Food and Agriculture Organization (FAO). “The fact is that throughout the previous season the price of onion in Ukraine remained at a record low level - about 9 US cents per kg, while prices in the EU were much higher. Ukraine remained the country with the lowest onion price in the world all season, and the average export price last year was the lowest in four years. This ...
Source: Eastfruit

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