The State Trading Organization (STO) is stepping in to address the ongoing onion shortage in Maldives, following the failure of local suppliers to ensure continuous supply amid recent weather-related disruptions. According to sources familiar with the matter, STO has arranged a shipment of onions expected to arrive by next week mid, with plans to sell at affordable prices to ease the burden on consumers.
The current shortage was triggered after rough weather conditions disrupted the usual weekly imports, leaving several cargo vessels stranded at Malé Port and in India, preventing the timely unloading of goods. However, industry observers point out that despite the foreseeable challenges, local importers failed to act proactively — creating a supply vacuum that has now pushed STO to intervene.
Before onions ran out, market prices remained within the normal range — MVR 350–400 per sack and MVR 18–25 per kilogram — but supplies quickly dwindled once shipments were delayed, raising fears of further price spikes and limited availability.
A source with knowledge of STO supplies stated, “The delay from local importers has once again left the market exposed. STO is now taking action to restore supply and protect consumers from unnecessary hardship. The shipment we’re bringing in will be released into the market at affordable rates”.
STO has a longstanding history of market intervention during times of scarcity, including previous efforts to import onions, garlic, lime, eggs, chilies, and potatoes when private suppliers fell short.
The latest development highlights growing public reliance on the state-owned enterprise to ensure food security — especially when private sector inefficiencies lead to supply gaps. With STO’s shipment expected within days, the public can anticipate improved availability and price stability heading into the new week.
