The price of Japanese onion has skyrocketed by four times. On March 26th, 20021year, the Nihon Keizai Shimbun reported that the price of vegetables imported from China in Japanese catering industry is increasing. According to the wholesale price of Japanese onion in March, it can be found that it has been four times the previous price. There are several reasons for the sharp increase in Japanese onion prices. First, the quantity of green onions planted in China is in short supply, and the wholesale price rises, which naturally increases when they reach the Japanese market. Secondly, the demand for catering industry will naturally increase after the Japanese epidemic is controlled. Finally, the supply of vegetables will drop sharply due to the cold wave at the end of 2020, and the epidemic at the end of the year will affect the logistics stagnation. Therefore, the onion price in Japan has also reached the highest price since 2004.
Japanese vegetables are imported from China, a province whose territory is less than that of China. Therefore, most domestic vegetables and fruits are imported, and China, which has a vast territory and abundant resources, is next to it. Therefore, Japan regards China as the main source of vegetable imports, and China's vegetables are more popular with consumers because of their large output and lower price than Japanese domestic vegetables. Therefore, 98% of the vegetables and fruits on the table of Japanese residents come from China. In March this year, the price of Japanese imported green onions from China has reached 375 yen, equivalent to RMB 2.48. It seems that the export price of green onions is more close to the people than the retail price in our country or the price in our market.
The surge of onion prices in Japan caused by government actions is inseparable from the government actions last year. After the Japanese epidemic spread in 2020, the Japanese government adopted a series of economic blockade measures, and most of the catering industry in Japan stopped business, so the demand for fresh vegetables decreased a lot. The demand for vegetables imported from Japan to China decreased19 years compared with 20 10%, of which the import of green onions decreased by 20%, so after the epidemic eased. When Japanese found that fresh vegetables were in short supply on the market and wanted to buy them from China, there were no vegetables. The shelf life of vegetables is short. When China sellers stop buying in Japan, they will naturally find sellers as soon as possible. Although some Japanese importers were worried that they would not be able to buy Chinese-made vegetables after consumer demand recovered, there was nothing they could do because of the government's actions.