Frozen onions are popular in the international market due to their durability, wide range of uses, and convenient use. Many large food factories use them to make sauces. At present, it is the season for the large-scale listing of onions in China, and factories engaged in frozen onions are also processing them on a large scale to prepare for the export peak season from May to October. Hebei Gree Portugal Food Co., Ltd. mainly engages in the export and domestic sales of frozen vegetables.
Due to last year's drought and reduced crop yields, Europe has seen a significant increase in import demand for frozen vegetables. Currently, it is purchasing large quantities of frozen onions and carrots from China. There is also a gap in the European market for ginger, garlic, and green asparagus, but currently, the prices of these vegetables in the Chinese and international markets are quite high and continue to rise, causing weak consumption and a decline in exports. Chinese onions are in the season of production, and although their prices are higher than in previous years, they are generally stable. The frozen onions made from them are also stable in price, making them popular in the market and leading to a significant increase in export orders from Europe.
Although export orders have increased, the market this year does not look optimistic. The inflationary pressure in foreign markets is gradually increasing, and the overall economic downturn is posing challenges to exports. If purchasing power declines overseas, the market may reduce the use of frozen onions or adopt other alternatives.
In terms of changes in the export market, there have been more exports of frozen vegetables to the US market in previous years, but this year there has been a significant decrease in orders exported to the US; The European market has experienced a significant increase in demand this year due to the special reason of reduced crop yields due to dry weather. When it comes to the competitive advantage of Chinese onions, it is currently the season of Chinese onion production, which is staggered from the season of competitors. Secondly, Chinese onions have advantages in terms of yield, quality, planting area, and planting experience, and their current prices are relatively low.
Hebei Gelipu Food Co., Ltd. mainly exports and sells frozen fruits and vegetables domestically. Its frozen products include onions, diced onions, garlic, ginger, carrots, edamame pods, etc. Its export markets include Europe, America, Russia, the Middle East, South America, Canada, Australia, Southeast Asia, etc. The company has its own factory and cold storage, with an annual production capacity of about 50000 tons.