Onion Prices in the Maldives Set to Drop Amid Shortage, Says Gov’t

The President’s Office spokesperson, Heena Waleed, announced that onion prices, which have been soaring in recent weeks, are expected to decline starting next week. 

The spike in prices has raised concerns among the public, as a shortage of onions in the market has led to a significant price increase.

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At a press conference yesterday, Heena attributed the shortage to a reduction in onion exports from India, the Maldives’ primary supplier. She reassured the public that the government is taking steps to address the issue. “The Economic Ministry maintains a list of essential products. If any of these items face a shortage, the government will intervene to ensure their availability,” Waleed stated. She also confirmed that additional onion supplies are expected to arrive in the country through the State Trading Organisation (STO) by the weekend.

In response to the scarcity, Maldives Ports Limited (MPL) CEO, Mohamed Wajeeh Ibrahim, announced the release of over 6,000 bags of onions into the market, last Saturday. This includes 2,980 bags delivered by two ships, the Blueha and the MV Niumat-2, both arriving from India, with another 3,300 bags scheduled for arrival shortly. A shipment of 1,180 bags has also been sent to Addu City.

Wajeeh attributed the shortage to adverse weather conditions in India, which have disrupted the onion supply chain, leading to shortages in both the Maldives and neighbouring Sri Lanka. These challenges have contributed to the price hike.

Despite the challenges, both government and private sector entities are working to stabilise supply and prices, ensuring essential goods remain available to the public.