Onion export prices from China have risen in recent months. Onion prices have risen sharply following news that Egypt has extended its ban on onion exports.

Market demand is mainly for red onions. As a result, yellow onion prices have also risen somewhat. There is a shortage of high quality red onions on the market and orders from Europe and Oceania are increasing rapidly due to high demand. In the last six months, prices have increased by almost 30%.

Firstly, this year's onion harvest in Europe has not been as good as expected, leading to a shortage of onions on the European and Oceania markets and high demand for imports. Secondly, Egypt recently decided to extend its ban on onion exports. Egypt is an important source of European onion imports. As a result of the extension of the export ban, many European orders have been redirected to China, leading to a price increase. On the other hand, some local traders have been sourcing onions on speculation, which has accelerated price increases.

Meanwhile, shipments from China to Europe had to be diverted because of the attack on the Red Sea, which greatly increased transport times and the risk of damage.