In W21 in the onion landscape, in the United States, the onion season in the Rio Grande Valley of Texas is ending, and production is shifting north to the Uvalde-Wintergarden-Quemado region. Limited supplies are expected for the next three weeks due to cooler temperatures, resulting in a delayed peak volume. However, this will extend the season, and Texas onions may be available until late July. Georgia and California are also shipping onions, but weather conditions may affect their supplies, leading to higher prices in comparison to previous years. Multiple growing regions experienced late cold snaps, contributing to the limited availability of onions across the country for the majority of the summer. Despite the limited supply, demand for Texas onions has remained steady or even increased, driving strong and consistent movement in the market.
The Philippine government is contemplating the importation of 22K tons of onions to stabilize prices within the country. The Assistant Secretary of Justice disclosed that onions are priced at USD 2.13/kg (PHP 120/kg) and sold in markets for USD 3.55/kg (PHP 200/kg). Additionally, the government is examining the possibility of utilizing the 117K tons of onions stored in cold storage facilities.
The farm gate price of onion in Adana, Turkey, dropped to USD 0.25/kg in W20 from USD 0.75/kg at the start of the 2023 season due to an increase in supply. The harvest started in mid-April and is scheduled to end in W21, with harvest yield expected to be around 140K MT. On the other hand, despite facing its worst drought in three decades during the summer of 2022, Morocco increased its onion exports. In the first nine months of 2023 (June 2022-February 2023), Morocco has exported over 65K tons of onions, surpassing the total exports in 2022 (60K tons). Lastly, in Tajikistan, the wholesale price of onions from the 2023 crop decreased from USD 1.18-1.34/kg to USD 0.18/USD WoW.
