Italy - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in Italy - 2023
Contents:
- Dried Onion Price in Italy (CIF) - 2023
- Dried Onion Price in Italy (FOB) - 2022
- Dried Onion Imports in Italy
- Dried Onion Exports in Italy
Dried Onion Price in Italy (CIF) - 2023
In June 2023, the average dried onion import price amounted to $2,573 per ton, rising by 48% against the previous month. Overall, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, dried onion import price increased by +47.9% against May 2023 indices. Over the period under review, average import prices reached the maximum at $3,144 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($5,030 per ton), while the price for Hungary ($395 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Onion Price in Italy (FOB) - 2022
The average dried onion export price stood at $1,602 per ton in 2022, falling by -13.5% against the previous year. Over the period under review, the export price showed a mild shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 57%. As a result, the export price attained the peak level of $2,849 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($3,698 per ton), while the average price for exports to Croatia ($527 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 Slovenia (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Onion Imports in Italy
In 2022, the amount of dried onions imported into Italy skyrocketed to 2.2K tons, picking up by 39% compared with 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dried onion imports soared to $4.8M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dried Onion in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 843 | 843 | 618 | 1,422 | 19.0% |
| India | 1,328 | 744 | 1,004 | 1,253 | -1.9% |
| Spain | 492 | 442 | 561 | 579 | 5.6% |
| Egypt | 16.7 | 208 | 677 | 554 | 221.3% |
| Netherlands | 399 | 190 | 401 | 301 | -9.0% |
| France | 213 | 430 | 331 | 262 | 7.1% |
| Poland | 27.6 | 38.4 | 54.8 | 178 | 86.1% |
| Austria | 127 | 420 | 132 | 80.5 | -14.1% |
| Others | 150 | 244 | 347 | 158 | 1.7% |
| Total | 3,596 | 3,560 | 4,126 | 4,787 | 10.0% |
Top Suppliers of Dried Onion to Italy in 2022:
- Germany (652.5 tons)
- India (567.8 tons)
- Poland (240.4 tons)
- Spain (225.9 tons)
- Egypt (203.4 tons)
- France (115.0 tons)
- Netherlands (107.4 tons)
- Austria (22.3 tons)
Dried Onion Exports in Italy
In 2022, shipments abroad of dried onions decreased by -43.8% to 274 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 487 tons, and then fell sharply in the following year.
In value terms, dried onion exports contracted significantly to $439K in 2022. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year.
| Export of Dried Onion in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 46.1 | 31.4 | 61.4 | 134 | 42.7% |
| Austria | 96.0 | 92.7 | 137 | 71.5 | -9.4% |
| Slovenia | 85.8 | 58.6 | 70.3 | 53.8 | -14.4% |
| Germany | 5.5 | 9.4 | 71.4 | 50.8 | 109.8% |
| Croatia | 14.5 | 23.6 | 30.8 | 38.7 | 38.7% |
| France | 70.5 | 69.6 | 33.2 | 29.1 | -25.5% |
| Greece | 36.0 | 24.8 | 12.4 | 17.5 | -21.4% |
| United Kingdom | 268 | 414 | 115 | 10.8 | -65.7% |
| Others | 76.2 | 80.4 | 372 | 32.5 | -24.7% |
| Total | 698 | 805 | 903 | 439 | -14.3% |
Top Export Markets for Dried Onion from Italy in 2022:
- Croatia (73.4 tons)
- Slovenia (63.3 tons)
- Austria (39.5 tons)
- Spain (36.2 tons)
- Germany (22.6 tons)
- France (15.9 tons)
- United Kingdom (5.5 tons)
- Greece (4.8 tons)
This report provides an in-depth analysis of the dried onion market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
-
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
-
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
-
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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