Red Onion Market Performed Better Than Yellow Onion

In the past few weeks, the market price of Chinese onions has dropped again and again. Due to the current global special situation, exports have declined slightly. In particular, as consumers’ purchasing power decreases, demand has dropped. When interviewed by FRESH PLAZA, Mr. Yang analyzed the operation of the onion market in the past few weeks: “Our yellow onions are now on the market, and the Garlic Price this year has been lower than the planting cost. The export volume has not been liberalized and the concentrated listing of origin is the main factor. Relatively speaking, the market performance of red onions is better than yellow onions. Yellow onions mainly rely on export and processing, and red onions mainly rely on domestic sales.
In the past few years, Mr. Yang has gained insight into the rapid development of the red onion industry. He said, “In China, the demand for red onions is much greater than in previous years. In the past few years, the northern market basically supplied yellow onions. Taking Beijing, the three northeastern provinces, and Shanxi as examples. Now customers purchase red onion and yellow onion are basically the same. This is also due to the good taste and color of red onions, and the market share has increased year by year.
Now customers purchase red onion and yellow onion are basically the same. This is also due to the good taste and color of red onions, and the market share has increased year by year.