As a result of changes in weather conditions, onion harvest in Europe decreased by 30%. Market participants have already called the situation “an onion crisis,” Freshplaza reports referring to Danny Dean, a representative of the Dutch company Denimpex, which has been importing onions since 1955.
“Exports to foreign countries are so great that stocks are rapidly declining. This situation has developed not only in Europe, where the onion crop was unusually low this year, this is a global phenomenon, ”the importer commented on the situation.
The volume of onion harvest in the Netherlands this year amounted to approximately 725 thousand tons. Currently, 425 thousand tons have already been sent for export, and about 100 thousand tons are in the hands of speculators, who expect an unprecedentedly high price level in January.
“Traditional importers, who annually supply products from the Southern Hemisphere, have already played their onion cards. However, you need to understand that in such a situation, everyone will try to import onions from all over the world to Europe, ”added Danny Dean. - Deliveries of New Zealand onions to islands, for example Fiji, already go at a price of 28 New Zealand dollars (16,8 euros) per 25 kg. While Dutch suppliers were still exporting, the cost of selling onions was 0,08 euros per kilogram. Now we can talk about the global onion crisis and wait for an unlimited price increase from the current season. ”
A source: https://fruitnews.ru