Egypt is the largest supplier of onions in the Russian Federation. The volume of onion imports to Russia from Egypt in 2021, according to AB-Center, amounted to 28.800 tons, which is 61.2% (45.400 tons) less than in 2020. In January-May 2022, the volume of onion imports from Egypt to the Russian Federation was at the level of 35.000 tons. Compared to the same period in 2021, supplies, according to AB-Center, increased in volume by 38.5% (by 9.700 tons).
The main volume of onions from Egypt traditionally enters the Russian market from March to June. This is due to both the increased supply of onions in Egypt and the relatively low supply of onions in Russia during this period.
Data for 2021
The average prices for Egyptian onions imported to Russia in 2021, according to AB-Center, amounted to 323.3 USD/t, which is 21.0% less than in 2020. In rubles, prices decreased by 19.8% to 24,170 RUB/t.
Averaged data for January-May 2022. In January-May 2022, prices for onions from Egypt were at 380.7 USD/t. This is 19.2% more than in the same period in 2021. In terms of rubles, the prices for Egyptian onions amounted to 27,048 RUB/t. In relation to January-May 2021, they increased by 12.8%.
In rubles, the cost of Egyptian onions imported to Russia in May 2022, according to AB Center calculations, was at the level of 25,257 RUB/t. Compared to April of the same year, prices fell by 10.5%. Over the year, prices rose by 2.7%.
Source: a-ipp.ru