At this time of crisis, Egypt stood out for its stability in onion supplies, with production rising and exports flowing. According to official statistics authority Capmas, Egyptian onion exports rose by 95.9 per cent in the first half of 2023. In October, however, even Egypt had introduced a three-month ban on onion exports, which has since been extended until 30 March. It is the first time exports have been stopped to cover the market.”According to Mostafa, exporters will have to wait until the government announces that exports can resume, as it did earlier this year for potatoes. In Central Asia, abundant onion stocks have reportedly resulted in low prices, as companies seek to shift volumes ahead of the new harvest.
