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Expecting higher exports to Ukraine

Onion prices rising in Moldova

After a short and minor decrease in the average wholesale price for onions in the second half of September, prices have again gone up on the Moldovan market. According to the market participants of the country’s fruit and vegetable sector, onions are most likely to gradually increase in the next week or two, up to 8.5-9 MDL/kg ($0.44-0.46/kg).

There are two incentives to raise prices. The first is the renewed rise in onion prices in neighboring Ukraine and, in connection with this, the increased activity of exporters. So far, it has not been converted into a noticeable increase in transactions, but this will follow if the prices in Ukraine increase even slightly.

The second factor is that onion harvesting in Moldova was completed by the beginning of October. Onions are no longer sold from fields even in the farms in the north of the country, which were a little late to end the harvesting campaign due to September rainfall. That is, the offer of onions, overexposed in the ground and not suitable for storage, to the domestic market has finished.


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