Onion prices collapse in Azerbaijan – what are the reasons?
According to EastFruit analysts, a record high onion harvest was harvested in Azerbaijan in 2023. This led to a serious excess of supply over demand and to a collapse in onion prices. At the moment, wholesale prices for onions in Azerbaijan are at the lowest level in the region and amount to about $0.15 US dollars per kg.
For comparison, prices for onions in neighboring
EastFruit is an analytical platform that helps in the development of the fruit and vegetable business. The main goal of this platform is to increase the incomes of producers through more efficient production, storage, processing and marketing of fruits and vegetables. EastFruit is a center of knowledge and experience for all participants in the fruit and vegetable market in Eastern Europe, the Caucasus and Central Europe.
The portal is aimed at fruit and vegetable producers, small and medium farmers, producers of fruit and vegetable juices, fruit and vegetable processing, exporters, importers, supermarket chains, suppliers of seedlings, seeds, technologies and equipment, as well as associations and unions of fruit and vegetable producers, state structures and suppliers of services and products for the agricultural sector. In short, for all participants in the fruit and vegetable business.