Intelligence & Data
Analysis & Reports
W11: Weekly Onion Update
India
Price of White Onions in Maharashtra Increased (Mar 17)
Rainfall in parts of Maharashtra has damaged white onion crops, increasing the price of this product in the market. While the market is flooded with red onions and potatoes, white onions are now entering the APMC market in Vashi, at around USD 0.11-0.13/kg (INR 10-12/kg) lower than in 2022. White onions are grown in limited quantities in regions such as Alibag, Vasai, Nagpur, and Nashik.
China
Demand for Chinese Onions Is Rising in Overseas Markets (Mar 17)
In China, onion exports have gradually returned to normal after the measures to prevent Covid-19 were lifted. The European market decreased yields in the previous quarter, and demand has risen sharply.
Turkey
High Air Temperatures Affected Onion Prices in Turkey (Mar 14)
Onion prices have increased almost 3-4 times in recent weeks. The increase in onions, whose shelf price is 25 TL, is due to the high air temperatures. The President of the Turkish Federation of Carriers reported after the September harvest, onions had to be kept in the cold in the winter season but came into contact with hot weather this year due to the air temperatures. Therefore, the onions became green again and brought additional costs.
Bangladesh
No New Import Permit for Onion Through Hili Land Port After 15 March (Mar 14)
In Bangladesh, importers suspect onion prices may increase during Ramadan as the government has decided not to issue new permits for importing Indian onions after 15 March through the Hili land port to ensure local farmers get a fair price.
Kazakhstan
The Issue of Lifting the Ban on the Export of Onions in Kazakhstan Is Not Considered (Mar 14)
The Deputy Prime Minister, Minister of Trade and Integration of the Republic of Kazakhstan reported the government is not considering lifting the ban on onion exports, as onion reserves amount to 68K tons, and 40K tons are for March-April.
In Kazakhstan, the ban on the export of onions will be replaced by a quota. Previously, farmers asked to open exports because they could not sell the entire stock on the domestic market, and part of the onions would rot in warehouses. The Ministry of Agriculture of the Republic of Kazakhstan published two draft orders. One will suspend the current ban on the export of onions, the other will introduce quantitative restrictions on exports until April 28, 2023. Quantitative restrictions (quotas) on the export of onion from the territory of the Republic of Kazakhstan to third countries and the countries of the Eurasian Economic Union are planned in the number of 20K tons. The distribution of quotas for the export of onions will be automatic when issuing phytosanitary certificates in the unified automated system for managing the sectors of the agro-industrial complex.
Moldova
In the Second Half of March, the Growth of Onion Prices Will Stop In Moldova (Mar 13)
Since the second half of February, the price of yellow onions in the Moldovan wholesale market has increased by USD 0.22/kg (RON 1/kg) WoW, an increase of 6-8% from the average price of the previous week. In W11, wholesale onions cost an average of USD 0.91/kg (RON 17/kg).
Netherlands
Expensive Onion Slows Down Sales (Mar 13)
As of W7, the Netherlands exported almost 905K tons of onions. A drop of more than 60K tonnes less than in 2022 during the same period. The share of onions that went to European customers is higher than last season in the same period due to low harvests in Europe.
Ukraine
In February, Ukraine Bought Three Times More Onions Abroad (Mar 16)
The import of onions in February 2023 jumped 2.9 times compared to the figure a month earlier and reached 14.1K tons, with a value of 2.8 times compared to January 2023, at USD 10.6M.
Uzbekistan
Uzbekistan Lifted Restrictions on Onion Exports (Mar 18)
The Ministry of Agriculture of Uzbekistan announced the early lifting of the ban on the export of onions from March 15, 2023.
