Ahead of the season, Joey Deen of Denimpex expressed a fairly pessimistic outlook for the New Zealand onion import season. After Dutch onion prices began to rise sharply from week 17, the market for New Zealand onions has changed significantly in a short time. "Suddenly, the gap to the cost price of New Zealand onions has become quite narrow," he noted.
"Dutch onions are now really running out, both in terms of supply and quality, with many batches showing issues. This situation has increased the demand for imported onions. Overall, the export volume of New Zealand onions to Europe is similar to last year, but the circumstances are very different, and there is genuine demand for New Zealand onions this year. Since last week, the first New Zealand onions have been shipped to customers. This week, the volume is slightly higher, but next week we will significantly ramp up deliveries to our customers."
"Regarding other origins, we had a strong season with large Chilean yellow onions, but that season is now coming to a close. Expectations for white onions were high, but they ultimately proved disappointing. Meanwhile, Egypt is currently abundant with red onions. Locally, the red onions have run out, and there are not many red New Zealand onions either, which could create a potential shortage."
For more information:
Joey Deen
Denimpex
Tel: +31 20 6246390
Mob: +31 6 14427584
[email protected]
www.denimpex.nl