Onion prices have fallen in Georgia soon after the peak – what’s in the future?
Onion prices in Georgia doubled last week, compared to previous week, reaching 5 GEL/kg ($2.01) in the wholesale market. The reason is the supply shock, which was felt in the market already in March. EastFruit systematically published an analysis of the local onion markets in project countries, as well as a global market analysis in 2023. It was foreseeable that prices were to skyrocket in
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.
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