Noosa News
Onion growers bracing for price pain as domestic oversupply looms
Some of Australia’s largest onion growing regions are feeling nervous about a potential oversupply of the pantry staple.
Key points:
- Onion growers are facing an uphill battle to shift their crops this season
- The industry is searching for new markets in Asia to avoid domestic oversupply
- Even with the glut, supermarket onion prices are remaining stable
About 37,000 tonnes of onions were exported last year, equating to 15 per cent of the national crop.
That was an enormous 100,000 tonnes less than 2019.
The main markets of Europe and South-East Asia continue to suffer extended lockdowns and a decline in international travellers, meaning they are taking even less of the crop.
The fallout is that all those onions are destined for the domestic market…
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