Spain - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in Spain - 2023
Contents:
- Dried Onion Price in Spain (FOB) - 2022
- Dried Onion Price in Spain (CIF) - 2023
- Dried Onion Exports in Spain
- Dried Onion Imports in Spain
Dried Onion Price in Spain (FOB) - 2022
In 2022, the average dried onion export price amounted to $1,426 per ton, waning by -4.4% against the previous year. Overall, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. The export price peaked at $2,305 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($3,203 per ton), while the average price for exports to Portugal ($616 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 Denmark (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Onion Price in Spain (CIF) - 2023
In May 2023, the average dried onion import price amounted to $2,189 per ton, picking up by 15% against the previous month. Overall, import price indicated a tangible expansion from May 2022 to May 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, dried onion import price increased by +43.3% against March 2023 indices. The pace of growth was the most pronounced in June 2022 when the average import price increased by 48% against the previous month. The import price peaked at $2,548 per ton in September 2022; however, from October 2022 to May 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,543 per ton), while the price for the Netherlands ($1,283 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 the Netherlands (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Onion Exports in Spain
In 2022, shipments abroad of dried onions decreased by -29% to 12K tons, falling for the second year in a row after two years of growth. In general, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports reached the peak of 19K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, dried onion exports fell notably to $18M in 2022. Over the period under review, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 18%.
| Export of Dried Onion in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.5 | 2.4 | 2.7 | 3.2 | 8.6% |
| Germany | 2.5 | 2.5 | 4.2 | 3.0 | 6.3% |
| United Kingdom | 5.7 | 5.1 | 3.6 | 2.1 | -28.3% |
| Belgium | 1.5 | 3.3 | 2.1 | 1.6 | 2.2% |
| Denmark | 0.2 | 0.6 | 1.1 | 1.2 | 81.7% |
| Portugal | 1.2 | 0.8 | 1.2 | 1.0 | -5.9% |
| Hungary | 1.6 | 1.9 | 2.6 | 0.9 | -17.5% |
| Sweden | 0.7 | 0.9 | 1.1 | 0.8 | 4.6% |
| Netherlands | 0.8 | 1.4 | 1.8 | 0.7 | -4.4% |
| Italy | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
| Others | 3.4 | 4.7 | 5.3 | 2.7 | -7.4% |
| Total | 20.6 | 24.3 | 26.2 | 17.8 | -4.8% |
Top Export Markets for Dried Onion from Spain in 2022:
- France (3.1K tons)
- Germany (2.9K tons)
- Portugal (1.7K tons)
- Belgium (1.3K tons)
- United Kingdom (0.7K tons)
- Sweden (0.7K tons)
- Denmark (0.4K tons)
- Netherlands (0.3K tons)
- Italy (0.3K tons)
- Hungary (0.3K tons)
Dried Onion Imports in Spain
In 2022, purchases abroad of dried onions decreased by -37.3% to 6.3K tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, dried onion imports rose to $11M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 19%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Dried Onion in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.8 | 3.6 | 3.2 | 4.2 | 3.4% |
| Germany | 0.9 | 1.5 | 1.3 | 1.9 | 28.3% |
| China | 0.3 | 1.2 | 1.2 | 1.5 | 71.0% |
| France | 2.6 | 1.9 | 1.6 | 1.4 | -18.6% |
| Netherlands | 1.0 | 0.7 | 1.4 | 0.6 | -15.7% |
| Sweden | N/A | N/A | N/A | 0.6 | 0% |
| Belgium | 0.1 | 0.3 | 0.4 | 0.2 | 26.0% |
| Portugal | 0.1 | 1.4 | 0.9 | N/A | 200.0% |
| Others | 0.3 | 0.4 | 1.4 | 1.1 | 54.2% |
| Total | 9.1 | 10.8 | 11.3 | 11.5 | 8.1% |
Top Suppliers of Dried Onion to Spain in 2022:
- India (1841.6 tons)
- France (1538.8 tons)
- Sweden (699.2 tons)
- China (617.4 tons)
- Germany (567.7 tons)
- Netherlands (513.4 tons)
- Belgium (199.6 tons)
- Portugal (1.1 tons)
This report provides an in-depth analysis of the dried onion market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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Global trade in dried onion intensified to $444M. India, the U.S., and Spain are the leading suppliers of dried onion, while Germany, the UK, and Japan constitute the major importers.
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