Onion Prices Set to Rise as Bangladesh Quadruples Import Permits

• Bangladesh increased daily onion import permits from 50 to 200, significantly boosting import capacity.
• This decision is expected to accelerate Indian onion exports to Bangladesh and positively impact domestic prices for Indian farmers.
• Bangladesh had previously restricted imports but reversed the decision due to rising demand and market shortages.
• Bangladesh is a major market, accounting for over 40% of India's total onion exports.
• The increased import process will continue until market stability is achieved, offering sustained export opportunities.

Why It Matters: Increased onion imports by Bangladesh will benefit Indian farmers.