Greece - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Greece - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights

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Dried Onion Price in Greece - 2023

Contents:

  1. Dried Onion Price in Greece (CIF) - 2023
  2. Dried Onion Price in Greece (FOB) - 2022
  3. Dried Onion Imports in Greece
  4. Dried Onion Exports in Greece

Dried Onion Price in Greece (CIF) - 2023

In May 2023, the average dried onion import price amounted to $1,960 per ton, approximately reflecting the previous month. Overall, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in November 2022 when the average import price increased by 49% month-to-month. The import price peaked at $2,878 per ton in December 2022; however, from January 2023 to May 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,393 per ton), while the price for Poland ($1,248 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the prices for the other major suppliers experienced a decline.

Dried Onion Price in Greece (FOB) - 2022

The average dried onion export price stood at $883 per ton in 2022, surging by 148% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. The export price peaked at $1,475 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($3,900 per ton), while the average price for exports to Romania ($202 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 Albania (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Onion Imports in Greece

In 2022, purchases abroad of dried onions decreased by -7.3% to 892 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried onion imports expanded significantly to $1.8M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Dried Onion in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8691,0681,0591,0275.7%
Netherlands10213810715715.5%
Bulgaria10964.496.914911.0%
Egypt8.5N/A49.2129147.6%
Poland9.569.3171118131.6%
Germany10684.41151080.6%
Spain18311510.766.0-28.8%
France89.313033.020.4-38.9%
Others13010682.237.2-34.1%
Total1,6061,7751,7231,8124.1%

Top Suppliers of Dried Onion to Greece in 2022:

  1. India (480.7 tons)
  2. Poland (129.7 tons)
  3. Bulgaria (71.6 tons)
  4. Netherlands (53.9 tons)
  5. France (48.5 tons)
  6. Egypt (43.5 tons)
  7. Germany (28.4 tons)
  8. Spain (18.0 tons)

Dried Onion Exports in Greece

In 2022, the amount of dried onions exported from Greece fell sharply to 342 tons, declining by -48.3% compared with 2021. Over the period under review, exports saw a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 292% against the previous year.

In value terms, dried onion exports skyrocketed to $302K in 2022. In general, exports recorded a precipitous shrinkage.

Export of Dried Onion in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus37.438.447.521880.0%
Bulgaria21414558.640.6-42.5%
Romania55.60.711118.0-31.3%
CroatiaN/AN/AN/A14.80%
Montenegro12.3N/AN/A5.0-25.9%
Albania69.56.1N/A0.1-88.7%
Hungary64.1N/AN/AN/A0%
Poland1301.1N/AN/A-99.2%
Czech Republic129N/AN/AN/A0%
Others24.016.318.86.1-36.7%
Total735207235302-25.7%

Top Export Markets for Dried Onion from Greece in 2022:

  1. Albania (undefined tons)
  2. Cyprus (164.8 tons)
  3. Romania (89.0 tons)
  4. Bulgaria (45.8 tons)
  5. Croatia (28.8 tons)
  6. Montenegro (8.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried onion market in Greece. 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:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Dried Onions - Greece