• Latest
  • Trending
  • All
  • NEWS
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech

Shipping costs account 60% of the price of onions exported from China to Europe

June 9, 2021

The Moscow region ranks first in the Central Federal District in terms of production of open ground vegetables

June 29, 2022

AMA news in Finnish

June 29, 2022

Mher Grigoryan and a delegation from the Russian Federation discussed programs on winemaking and organic agriculture

June 29, 2022

A vegetable complex for 7 billion rubles will be built in Kuzbass by 2026

June 29, 2022

Slicing, packaging, and sorting machines for the vegetable industry available

June 29, 2022

Heat wave has led to a slight supply shortage for cauliflower and broccoli

June 29, 2022

Summer lychees are well received by restaurateurs and specialty retailers

June 29, 2022

I want to eventually supply retailers with white currants at Christmas

June 29, 2022

Swedish Midsummer festival leads to record strawberry sales

June 29, 2022

Setting up facilities for strawberry substrate cultivations in southern Italy

June 29, 2022

Our sector must be ready for the impending plastic to cardboard switch

June 29, 2022

In the village of Bagaevskaya, Rostov Region, the 10th anniversary holiday “Cucumber Day” was celebrated

June 29, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, June 30, 2022
  • Login
Vegetables News
  • Home
  • AGROTECHNOLOGY
  • NEWS
  • Vegetables
  • Market
No Result
View All Result
Vegetables News
Home Market Logistics

Shipping costs account 60% of the price of onions exported from China to Europe

by Demin Alexey
June 9, 2021
in Logistics, Market
250
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
Shipping costs are rising fast, while shipping is often delayed. In addition, the Chinese yuan is appreciating. These are the main challenges that the Chinese onion industry faces today.

One exporter from Shandong stated that the factory price of peeled onions is already around 600 USD per ton, which is nearly 200 USD higher than around the same time last year. There are three reasons for this situation. First, the overall surface area devoted to onion plantation declined this year. Furthermore, domestic demand has been high, so that a larger percentage of the production volume ended up in the domestic market. Finally, the average product quality is not as good this year, which means that fewer onions are suitable for the export market. That is why the export price of top-quality onions is so high.

The price of shipping has been high since October last year and shows no sign of coming down. Shipping from Qingdao to Europe costs around 8,500-9,000 Euro [10,305-10,911 USD] per container. Calculated per ton of onions, the shipping cost can be as much as 375 USD. In addition, shipping takes longer and containers often arrive very late. Many ports process containers slower than usual because they have a labor shortage. The containers are piling up. That is why cargo ships have to spend 2-3 days in port before the ship is cleared. By the time ships arrive at their final destination, they are often 10-15 days late.

ADVERTISEMENT

In addition, the Chinese yuan recently appreciated, which weakens their export trade. Importers are less willing to import Chinese products because their price is now relatively higher. All of these reasons combine to create a situation in which overseas importers have very little demand for Chinese onions. The order volume is extremely small.

The exporter from Shandong explained that this situation applies to peeled onions as well as red onions with peel. Now that the Dutch onion season is almost over, a number of European onion processing factories will have to import their onions from China. At the moment the exporter from Shandong only supplies a small volume of #35-50 onions. The factory price of small onions is around 550 USD per ton, which is higher than last year.

“Shipping costs account for nearly 60% of the price of onions exported from China to Europe”

/market/logistics/

Tags: Chinafresh producemarketonionprice
Share196Tweet123Share49

Demin Alexey

  • Trending
  • Comments
  • Latest

Produce grower-shipper Tanimura & Antle surpasses 4,000 employee vaccinations

March 28, 2021

Situation with potato seeds in Russia is catastrophic

February 19, 2022

Tomato Days Turkey

February 1, 2022

Produce grower-shipper Tanimura & Antle surpasses 4,000 employee vaccinations

16602

Trabotyx receives 460.000 euro in funding to bring its farming robot to market

8012

Hazera. Growing solutions for you

4846

The Moscow region ranks first in the Central Federal District in terms of production of open ground vegetables

June 29, 2022

AMA news in Finnish

June 29, 2022

Mher Grigoryan and a delegation from the Russian Federation discussed programs on winemaking and organic agriculture

June 29, 2022

Copyright © 20122 Vegetables News

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • AGROTECHNOLOGY
  • NEWS
  • Vegetables
  • Market
  • Login

Copyright © 20122 Vegetables News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In