China - Onion and Shallot - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOnion and Shallot Price in China - 2023
Contents:
- Onion and Shallot Price in China (FOB) - 2023
- Onion and Shallot Price in China (CIF) - 2022
- Onion and Shallot Exports in China
- Onion and Shallot Imports in China
Onion and Shallot Price in China (FOB) - 2023
The average onion and shallot export price stood at $482 per ton in September 2023, which is down by -13% against the previous month. Overall, the export price saw a noticeable decline. The pace of growth was the most pronounced in February 2023 when the average export price increased by 11% month-to-month. As a result, the export price attained the peak level of $674 per ton. From March 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Vietnam ($831 per ton), while the average price for exports to Thailand ($304 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Onion and Shallot Price in China (CIF) - 2022
The average onion and shallot import price stood at $166 per ton in 2022, waning by -49.8% against the previous year. In general, the import price showed a pronounced decrease. The growth pace was the most rapid in 2013 an increase of 97%. As a result, import price attained the peak level of $456 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($225 per ton), while the price for Myanmar totaled $165 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.2%).
Onion and Shallot Exports in China
In 2022, after two years of decline, there was significant growth in overseas shipments of onion and shallot, when their volume increased by 26% to 835K tons. Over the period under review, exports, however, saw a abrupt contraction.
In value terms, onion and shallot exports soared to $565M in 2022. Overall, exports, however, saw a pronounced reduction.
| Export of Onion and Shallot in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 284 | 240 | 189 | 235 | -6.1% |
| Japan | 138 | 104 | 132 | 175 | 8.2% |
| South Korea | 4.9 | 9.1 | 11.9 | 33.3 | 89.4% |
| Thailand | 20.8 | 25.5 | 19.7 | 26.1 | 7.9% |
| Malaysia | 32.5 | 27.2 | 16.4 | 22.7 | -11.3% |
| Russia | 22.3 | 14.3 | 10.4 | 14.8 | -12.8% |
| Pakistan | N/A | N/A | N/A | 7.7 | 0% |
| Indonesia | 13.2 | 6.7 | 5.3 | 6.2 | -22.3% |
| Philippines | 6.7 | 21.1 | 26.0 | 2.1 | -32.1% |
| Others | 81.6 | 47.0 | 25.5 | 41.9 | -19.9% |
| Total | 604 | 495 | 435 | 565 | -2.2% |
Top Export Markets for Onion and Shallot from China in 2022:
- Japan (269.3K tons)
- Vietnam (237.5K tons)
- South Korea (75.5K tons)
- Thailand (67.0K tons)
- Malaysia (58.2K tons)
- Pakistan (25.7K tons)
- Russia (22.6K tons)
- Indonesia (16.0K tons)
- Philippines (5.4K tons)
Onion and Shallot Imports in China
In 2022, approx. 9.8K tons of onion and shallot were imported into China; rising by 2,706% on 2021. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, onion and shallot imports soared to $1.6M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Onion and Shallot in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 505 | N/A | N/A | 1,572 | 46.0% |
| India | 7.5 | 18.8 | N/A | 40.8 | 75.9% |
| Others | 8.1 | 17.8 | 115 | 11.6 | 12.7% |
| Total | 520 | 36.6 | 115 | 1,625 | 46.2% |
Top Suppliers of Onion and Shallot to China in 2022:
- Myanmar (9.5K tons)
- India (0.2K tons)
This report provides an in-depth analysis of the onion and shallot market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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1338
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