The huge crop of onions in Europe has created a glut of product available for export. The continent’s onion shippers have found markets for their products in the Caribbean and South America; this has squeezed out American onion exports there.
Onion exports from the USA are being excluded because the huge crop of European onions means that there is increased competition and lower prices. Prices in the export market have almost halved compared with last year, and American exporters have higher freight costs than those for European exporters.