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India May Lift Ban On Onion Exports Amid Collapse In Onion Prices

Published Date: February 05, 2024

In light of the sharp decline in domestic prices for onions, analysts report that the Indian Government is actively exploring the possibility of lifting the export ban. is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commoditiy sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro-commodities and facilitates operations for them. 

Bulk Vegetable Growers and bulk vegetable sellers can easily get the best price on the platform if they sell vegetables in bulk while bulk vegetable buyers can buy vegetables in bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame. 

Onion Export Policy 

Currently, India's export prohibition on onions is in place through March 31, 2024. Given the onset of the onion harvest and the ongoing downward price trend, many market participants do not completely rule out the possibility that this ban will be lifted soon. 

Considering that a new crop of onions has entered the market, the prices of onions in the domestic market have already dropped by more than half since the ban was implemented, much to the dismay of farmers and traders. According to experts, the situation is deteriorating and may result in a collapse in onion prices. 

Recall that the world's largest exporter of onions is India. This nation exports between 1.5 and 2.2 million tons of fresh onions annually. It should be mentioned, though, that India does not directly compete with onions from Europe and Central Asia because it exports mostly red onion varieties. 

The UAE, Qatar, Oman, Kuwait, and other Middle Eastern nations, along with Asian nations like Bangladesh, Malaysia, Sri Lanka, Nepal, and Indonesia, are the primary purchasers of onions from India.  Prices for this product have significantly increased in the markets of major onion buyers from this country as a result of restrictions on onion exports from India and the subsequent ban. China capitalized on the circumstance, earning handsomely from the absence of its principal rival. 

If you are a vegetables importer wishing to import vegetables in bulk or a vegetables exporter willing to export bulk vegetables, then is the right platform for you. facilitates bulk agro-commodity sales and procurement across the globe. Through’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates.  The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries. 

To register as a buyer, click here. To register as a seller, click here. 

To stay updated with the latest happenings in the agro-trade industry, follow across all social media channels. 


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