China - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in China - 2023
Contents:
- Dried Onion Price in China (FOB) - 2023
- Dried Onion Price in China (CIF) - 2022
- Dried Onion Exports in China
- Dried Onion Imports in China
Dried Onion Price in China (FOB) - 2023
The average dried onion export price stood at $2,917 per ton in June 2023, waning by -6.3% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 7.3% month-to-month. The export price peaked at $3,115 per ton in May 2023, and then contracted in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Japan ($5,032 per ton), while the average price for exports to Canada ($2,352 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Onion Price in China (CIF) - 2022
In 2022, the average dried onion import price amounted to $3,686 per ton, shrinking by -6.4% against the previous year. Over the period under review, the import price, however, continues to indicate mild growth. The growth pace was the most rapid in 2020 when the average import price increased by 31% against the previous year. The import price peaked at $3,939 per ton in 2021, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.1% per year.
Dried Onion Exports in China
Dried onion exports from China soared to 23K tons in 2022, surging by 22% on the previous year's figure. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 75% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, dried onion exports soared to $65M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 82% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Dried Onion in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 10.6 | 15.0 | 19.4 | 57.1% |
| Indonesia | 1.2 | 3.1 | 2.0 | 4.9 | 59.8% |
| Germany | 2.3 | 3.9 | 4.3 | 4.9 | 28.7% |
| Philippines | 2.6 | 2.6 | 3.8 | 3.9 | 14.5% |
| Japan | 3.2 | 3.6 | 3.7 | 3.8 | 5.9% |
| Brazil | 2.0 | 3.6 | 2.7 | 3.5 | 20.5% |
| Australia | 2.7 | 3.4 | 2.7 | 3.4 | 8.0% |
| Netherlands | 1.7 | 3.8 | 1.4 | 3.2 | 23.5% |
| Canada | 0.4 | 1.1 | 1.1 | 2.2 | 76.5% |
| Puerto Rico | N/A | 1.6 | 2.0 | 2.1 | 14.6% |
| Mexico | 0.2 | 1.4 | 1.5 | 1.9 | 111.8% |
| Italy | 0.5 | 1.0 | 2.0 | 1.3 | 37.5% |
| Estonia | 0.5 | 0.5 | 0.9 | 0.9 | 21.6% |
| Others | 6.4 | 12.4 | 12.6 | 10.0 | 16.0% |
| Total | 28.8 | 52.6 | 55.5 | 65.5 | 31.5% |
Top Export Markets for Dried Onion from China in 2022:
- United States (6.3K tons)
- Indonesia (1.9K tons)
- Germany (1.8K tons)
- Philippines (1.6K tons)
- Brazil (1.3K tons)
- Australia (1.3K tons)
- Netherlands (1.2K tons)
- Canada (0.9K tons)
- Japan (0.8K tons)
- Mexico (0.7K tons)
- Puerto Rico (0.7K tons)
- Italy (0.5K tons)
- Estonia (0.4K tons)
Dried Onion Imports in China
In 2022, purchases abroad of dried onions increased by 21% to 159 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt descent.
In value terms, dried onion imports expanded notably to $585K in 2022. Over the period under review, imports, however, recorded a noticeable slump.
| Import of Dried Onion in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 428 | 426 | 347 | 585 | 11.0% |
| Spain | 30.9 | 59.9 | 62.1 | N/A | 41.8% |
| Germany | 50.8 | 49.9 | 41.3 | N/A | -9.8% |
| India | 115 | 112 | 60.0 | N/A | -27.8% |
| Others | N/A | 8.5 | 5.4 | 0.8 | -69.3% |
| Total | 625 | 656 | 515 | 585 | -2.2% |
Top Suppliers of Dried Onion to China in 2022:
- United States (158.7 tons)
This report provides an in-depth analysis of the dried onion 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:
- Prodcom 10391330 - Dried onions, whole, cut, sliced, broken or in powder, but not further prepared
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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