Yellow onions have increased slightly in price this week. Red onions remain price-bearing and the price of carrots and B-carrots has risen sharply again this week.
As every year, the approaching end of the storage season, the storage quality and the new harvest that is approaching can play an important role in price formation.
Influence cold and wet spring
In addition, the cold, wet spring will play a role in the pricing of carrots this year. Very different from the previous years. Warm and dry spring weather is not only delayed in Western Europe, but the weather is also slowing down crop development in Southern Europe. As a result, there is less supply of Southern European early harvest onions and carrots than usual. B-carrots and carrots recorded a plus of 2 Eurocents in Emmeloord this week, increasing the cost to 26-35 Eurocents per kilo. Nobody knows how much stock there is, but given the pricing it cannot be much more.
Competition with import onions
On the onion market there is competition with Spanish onions. This partly explains why the price of onions is not improving further than the plus that Emmeloord noted this week. Yellow onions rose in price by one Euro per kilo and now cost 13-17 Euro cents per kilo. In turn, Spanish growers are complaining about competition with New Zealand onions. Due to the problems in the Suez Canal that were finally resolved, there would now suddenly be an extra supply of New Zealand onions in European ports.
Trend break in export figures
Despite the competition from imported onions, the low point on the market for good quality yellow onions has in any case been reached. This is also evident from the export figures, which have barely decreased for several months and are now at a comparable level to last year. Although there is persistent noise on the line about the exact weekly volumes, which must be adjusted regularly. Red onions are price-bearing, but in Emmeloord the price was unchanged this week at 25-30 Eurocents per kilo.