
World - Onion (Dry) - Market Analysis, Forecast, Size, Trends and Insights
Global Onion and Shallot Market: Despite Slight Decrease in Imports, U.S. Remains Most Promising Market
IndexBox has just published a new report: 'World - Onion And Shallots - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The global onion and shallot market revenue amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010, when the market value increased by X% against the previous year. Global onion and shallot consumption peaked in 2018, and is likely to continue its growth in the immediate term.
Production 2007-2018
In 2018, the global onion and shallot production amounted to X tons, picking up by X% against the previous year. The total output volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period.
Exports 2007-2018
In 2018, approx. X tons of onion and shallots were exported worldwide; surging by X% against the previous year. Over the period under review, onion and shallot exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when exports increased by X% against the previous year. Global exports peaked at X tons in 2013; however, from 2014 to 2018, exports failed to regain their momentum.
In value terms, onion and shallot exports totaled $X (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. Global exports peaked at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.
Exports by Country
In 2018, the Netherlands (X tons), distantly followed by India (X tons), China (X tons), Spain (X tons), Mexico (X tons), Egypt (X tons) and the U.S. (X tons) represented the largest exporters of onion and shallots, together achieving X% of total exports. Peru (X tons), Poland (X tons), France (X tons), Germany (X tons) and New Zealand (X tons) followed a long way behind the leaders.
From 2007 to 2018, average annual rates of growth with regard to onion and shallot exports from the Netherlands stood at +X%. At the same time, Peru (+X%), France (+X%), Germany (+X%), Poland (+X%), Spain (+X%), the U.S. (+X%), Mexico (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. China experienced a relatively flat trend pattern. By contrast, India (-X%) and New Zealand (-X%) illustrated a downward trend over the same period. While the share of India (X%) increased significantly in terms of the global exports from 2007-2018, the share of the U.S. (-X%), Mexico (-X%), Peru (-X%), Spain (-X%) and the Netherlands (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the Netherlands ($X), Mexico ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of global exports. These countries were followed by Spain, India, China, Egypt, Peru, Poland, France, Germany and New Zealand, which together accounted for a further X%.
Export Prices by Country
The average onion and shallot export price stood at $X per ton in 2018, picking up by X% against the previous year. In general, the onion and shallot export price continues to indicate a modest expansion. Export prices varied noticeably by the country of origin; the country with the highest export price was Mexico ($X per ton), while India ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.
Imports 2007-2018
Global imports stood at X tons in 2018, going down by -X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. In value terms, onion and shallot imports stood at $X (IndexBox estimates) in 2018.
Imports by Country
In 2018, the U.S. (X tons) and Malaysia (X tons) were the major importers of onion and shallots around the world, together resulting at near X% of total imports. The United Arab Emirates (X tons), Japan (X tons), Russia (X tons), the UK (X tons), Sri Lanka (X tons), the Netherlands (X tons), Bangladesh (X tons), Saudi Arabia (X tons), Germany (X tons) and Canada (X tons) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bangladesh, while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($X) constitutes the largest market for imported onion and shallots worldwide, comprising X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Canada, with a X% share.
Import Prices by Country
In 2018, the average onion and shallot import price amounted to $X per ton, jumping by X% against the previous year. In general, the onion and shallot import price, however, continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Canada ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Saudi Arabia, while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global dry onion market. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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