Strong Demand For Dutch Organic Onions, Prices Up 25%
Published on Mar 2 2014 1:02 PM in Fresh Produce
Strong seasonal demand for Dutch organic onions – with early demand from German traders in particular - is assisting in rising prices being noted in the marketplace.
This season’s sales of organic yellow onions are performing particularly well, according to Nieuwe Oogst.
The listing for organic onions at the Landbouwbeurs Noord in Centraal Nederland (LNCN) in Emmeloord, The Netherlands shows how pricing has jumped from the start of the year to reflect this strong demand.
With average prices of €40 per 100 kilo been experienced in early 2014, the fresh produce was selling for around €50 per 100 kilo over the past week.
This increase equates to a 25% jump in prices.
“The bottom of the market wasn't much lower than €38 in the autumn”, said Rudie Ensing, purchaser at trading firm OTC Holland in Lelystad.
"There has been a good proportion between demand and supply all season,” he explained.
Stocks are shrinking quickly and the quality of the onions still in storage is generally good, he added.
Noted buyers of the Dutch organic onions include the UK, France, Germany and the Scandinavian countries.
Performance for the remaining part of the season is largely dependent on when the first Egyptian organic onions will become available in the European market.
© 2014 - European Supermarket Magazine