10/03/2023
Onion exports speed up, demand from Gulf countries heats up markets
Exports account for around 10-15 per cent of the total onion produced in the country, with Maharashtra, Karnataka and Gujarat being the leaders.
After plateauing for two years, onion exports have accelerated thanks to the demand from West Asia. In the 2022-23 fiscal, India has so far exported 15.19 lakh tonnes of the bulb, as compared to the 15.38 lakh tonnes it had exported during the whole 2021-22 fiscal.
Exports account for around 10-15 per cent of the total onion produced in the country, with Maharashtra, Karnataka and Gujarat being the leaders. Kharif, late kharif and rabi onions are exported, and Indian onions have demand mainly from West Asia, Sri Lanka, Bangladesh, Malaysia and Nepal.
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Suresh Deshmukh, a commission agent operating out of the DindoriтАЩs wholesale market, said export orders have started pouring in, right from the start of the current fiscal. Indian onions at export markets are now trading at Rs 15-16/kg FOB, while the bulb is trading at Rs 10-11/kg in the domestic market. тАЬQuality-wise, we have no problem, and thus the demand for onions is good in the international markets,тАЭ he said. reference https://indianexpress.com/