The export figures of onions shouldn't make you dissatisfied, but they do. Right in the heart of sales, the much-needed fire is missed and that has consequences. What's up with that?
While last season one order after another was brought to the attention of sorting companies, this does not seem to be the case this season. Although the export figures are basically not bad, there is little excitement in the purchasing channel. In many cases, trade is limited to small volumes, and not every sorter is actually on the market. These are strange things for the onion market, because the volume of onions must be able to meet its demand in these months.
Sales to Africa are doing well
Based on the latest export figures, it can be concluded that sales to Africa are doing well. Over the period week 28 to week 42, 247.256 tons of onions went to buyers in Africa, compared to 235.180 tons the previous season and 198.311 tons the previous season. Senegal is the largest buyer of Dutch onions on the African continent with a cumulative volume of 76.697 tons.
The sales of onions to European and American destinations also do not show a worrying picture. Within Europe, 76.995 tons of onions were exported, compared to 78.120 tons and 76.626 tons in previous years. Europe therefore shows stable sales. Up to and including week 42, 53.266 tons of onions were shipped to America, compared to 42.591 tons a year earlier, an increase of 10.675 tons.
Sales to countries in Asia are slightly behind, at 3.425 tons. It is mainly Bangladesh, Israel and Sri Lanka that are lagging behind (between 4.100 and 4.770 tons). In contrast, Taiwan is doing well with a decrease of 4.964 tons.
Trader looks out of the box
On balance, there is little to complain about in terms of sales. The lack of desire to buy must therefore mainly be sought in the harvest estimate, which means that every trader watches the cat out of the tree and only takes action when the demand presents itself.{{dataviewSnapshot(2_1636546276)}}