Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia - 2023
Contents:
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia (CIF) - 2023
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia (FOB) - 2022
- Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia
- Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia (CIF) - 2023
In December 2023, the average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $1,866 per ton, growing by 8% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +3.6%. The pace of growth appeared the most rapid in January 2023 an increase of 24% against the previous month. The import price peaked at $1,999 per ton in July 2023; however, from August 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($4,760 per ton), while the price for China ($1,618 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia (FOB) - 2022
In 2022, the average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $623 per ton, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($958 per ton), while the average price for exports to Belgium ($455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia
In 2022, overseas purchases of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds were finally on the rise to reach 21K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds expanded significantly to $36M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.6 | 19.0 | 21.6 | 23.8 | 3.3% |
| Mexico | 2.3 | 3.4 | 2.9 | 3.4 | 13.9% |
| Spain | 3.3 | 3.5 | 4.0 | 2.4 | -10.1% |
| United States | 0.5 | 0.3 | 0.1 | 1.9 | 56.0% |
| Argentina | 1.3 | 1.5 | 1.8 | 1.3 | 0.0% |
| Netherlands | 1.1 | 0.8 | 1.0 | 1.2 | 2.9% |
| Others | 1.8 | 2.9 | 2.0 | 1.6 | -3.9% |
| Total | 32.0 | 31.4 | 33.4 | 35.5 | 3.5% |
Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to Australia in 2022:
- China (16.5K tons)
- United States (1.1K tons)
- Mexico (0.8K tons)
- Netherlands (0.7K tons)
- Spain (0.7K tons)
- Argentina (0.6K tons)
Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia
In 2022, the amount of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds exported from Australia reduced remarkably to 34K tons, with a decrease of -32.1% compared with 2021. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 50K tons, and then contracted dramatically in the following year.
In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds declined significantly to $21M in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.
| Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.9 | 2.8 | 5.9 | 5.2 | 10.1% |
| Taiwan (Chinese) | 3.5 | 2.9 | 3.6 | 3.6 | 0.9% |
| Japan | 1.6 | 0.7 | 0.6 | 2.9 | 21.9% |
| Spain | 0.5 | 0.6 | 0.8 | 1.1 | 30.1% |
| Singapore | 0.9 | 1.7 | 1.9 | 0.9 | 0.0% |
| United Arab Emirates | 1.6 | 2.3 | 1.7 | 0.9 | -17.5% |
| France | 2.5 | 1.5 | 1.5 | 0.9 | -28.9% |
| Italy | 0.8 | 0.6 | 0.5 | 0.7 | -4.4% |
| Indonesia | 0.9 | 0.3 | 1.1 | 0.7 | -8.0% |
| Netherlands | 1.2 | 1.8 | 1.4 | 0.6 | -20.6% |
| Malaysia | 2.1 | 1.6 | 2.3 | 0.6 | -34.1% |
| Hong Kong SAR | 0.7 | 0.7 | 0.8 | 0.6 | -5.0% |
| Belgium | 2.4 | 1.6 | 1.1 | 0.4 | -45.0% |
| Others | 5.4 | 3.7 | 2.9 | 2.1 | -27.0% |
| Total | 27.8 | 22.8 | 26.1 | 21.3 | -8.5% |
Top Export Markets for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled from Australia in 2022:
- Thailand (11.3K tons)
- Taiwan (Chinese) (4.9K tons)
- Japan (3.4K tons)
- Spain (2.0K tons)
- France (1.6K tons)
- Indonesia (1.4K tons)
- United Arab Emirates (1.3K tons)
- Netherlands (1.2K tons)
- Singapore (1.0K tons)
- Malaysia (0.9K tons)
- Hong Kong SAR (0.9K tons)
- Belgium (0.9K tons)
- Italy (0.7K tons)
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