Sourced from the latest data on husfarm.com, this analysis delves into the global onion market's production dynamics and pricing strategies on March 14, 2024. Our comprehensive review covers a wide array of onion types and their pricing across different international markets, offering an in-depth perspective for producers, traders, and stakeholders within the agricultural and retail sectors.
Starting in Europe, Calcot onions in Mercamadrid are fetching prices between 2.22 to 2.78 EUR per kg, indicating a higher valuation for this specialty variety within the Spanish market. The UK market, represented by George Perry Ltd., shows a stable price for cooking onions at 26.5 GBP for a 25 kg bag, underscoring the consistent demand for bulk onion purchases in culinary applications.
The Istanbul Wholesale Markets in Turkey reveal a notable price variance between first and second quality dry onions, priced at 10-14 TRY and 5-8 TRY per kg, respectively. This differentiation highlights the critical impact of quality on pricing within the Turkish onion market.
French onions, including shallots, are trading in Mercamadrid for 1.5 to 3.6 EUR per kg, whereas Golden Grain onions are notably cheaper at 0.58 to 0.9 EUR per kg, showcasing the diverse pricing strategies based on onion varieties in Spain. Meanwhile, in the organic sector, La ferme Destexhe & Fils S.A.G.R. in Europe markets Guard onions at 1.5 EUR per kg, reflecting the premium on organic produce.
The Middle Eastern market, particularly in Kuwait and Iran, prices its green and red onions at 0.22 KWD per piece and 2 KWD per piece, respectively, indicating the value attributed to imported and specialty onion varieties in this region.
In the Asian market, green onions from the Dangcheng market in the Xiqing district are priced at 1.8 to 2.6 CNY per kg, suggesting a robust demand for fresh green onions in China. Indian markets exhibit a wide range of prices based on quality and origin, with first-sort onions commanding 2800 to 2900 INR per 100 kg and big onions from Kattappana market priced between 2300 to 2600 INR per 100 kg.
European markets, such as MIN Avignon-Cavaillon in France, offer Onion Cebette at 1 to 1.32 EUR per kg and larger French onions at 0.85 to 1.05 EUR per 10kg bag, displaying the varied pricing based on size and quality within the French market.
Turkish markets again show high volatility in fresh onion pricing, ranging from 50 to 75 TRY per kg, while Nepali markets price dry Indian onions at 75 to 78 NPR per kg, showcasing the international demand and pricing differences for dry onions.
This extensive analysis reveals the intricacies of global onion pricing, influenced by factors such as variety, quality, geographical origin, and market demand. By understanding these trends, stakeholders can navigate the complexities of the global onion production and trade with more informed strategies, enhancing their competitive edge in this vital agricultural sector.
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