The Ministry of Agriculture expects a decrease in prices for onions due to the reorientation of imports
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The Ministry of Agriculture of Russia reported that a decrease in prices for onions is expected in the country in the near future. Previously RBC With reference to Rosstat data, it was reported that the price of a kilogram of onion for the first time exceeded 70 rubles. against the backdrop of crop losses in Central Asia.
“In the near future, with the start of mass harvesting in Russia, we can expect stabilization and a decrease in onion prices. The Ministry of Agriculture is working to compensate for the drop in volumes by reorienting to imports from other countries,” the ministry’s press service said. TASS.
According to Rosstat, which was analyzed by RBC, the average price of onions in Russian stores in May 2023 reached 73.3 rubles. per kilogram, which is 9% higher than in April. The Ministry of Agriculture explained that the rise in prices occurred against the backdrop of crop failure in the countries of Central and Central Asia due to frost.
At the same time, the department added that the share of onion imports in the domestic market is about 10% or 160 thousand tons per year. Due to interruptions in supplies, Russia has increased the volume of imported onions from China, Uzbekistan and Azerbaijan.
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