United Kingdom - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in the UK - 2023
Contents:
- Dried Onion Price in the UK (CIF) - 2023
- Dried Onion Price in the UK (FOB) - 2023
- Dried Onion Imports in the UK
- Dried Onion Exports in the UK
Dried Onion Price in the UK (CIF) - 2023
The average dried onion import price stood at $2,700 per ton in May 2023, falling by -15.6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 6.3% m-o-m. As a result, import price attained the peak level of $3,199 per ton, and then reduced sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,477 per ton), while the price for India ($2,129 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 United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Onion Price in the UK (FOB) - 2023
In May 2023, the average dried onion export price amounted to $4,273 per ton, approximately equating the previous month. Overall, export price indicated a perceptible increase from May 2022 to May 2023: its price increased at an average monthly rate of +2.6% 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 export price increased by +43.1% against February 2023 indices. The pace of growth was the most pronounced in October 2022 an increase of 262% m-o-m. As a result, the export price reached the peak level of $5,051 per ton. From November 2022 to May 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($7,489 per ton), while the average price for exports to the Netherlands ($3,317 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Dried Onion Imports in the UK
In 2022, purchases abroad of dried onions decreased by less than 0.1% to 13K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of 15K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried onion imports expanded significantly to $36M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 43%. As a result, imports attained the peak of $37M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Dried Onion in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.4 | 9.7 | 13.5 | 14.4 | 19.7% |
| United States | 4.8 | 6.2 | 4.4 | 6.9 | 12.9% |
| China | 1.4 | 2.6 | 2.9 | 4.5 | 47.6% |
| France | 5.9 | 9.3 | 4.3 | 3.8 | -13.6% |
| Egypt | 0.7 | 2.2 | 2.2 | 2.8 | 58.7% |
| Spain | 2.5 | 3.5 | 3.5 | 2.6 | 1.3% |
| Poland | N/A | 1.0 | 0.7 | 0.4 | -36.8% |
| Netherlands | 0.6 | 0.9 | 0.4 | 0.1 | -45.0% |
| Others | 1.1 | 1.1 | 1.1 | 0.7 | -14.0% |
| Total | 25.5 | 36.6 | 32.9 | 36.3 | 12.5% |
Top Suppliers of Dried Onion to the UK in 2022:
- Netherlands (undefinedK tons)
- India (6.0K tons)
- United States (1.7K tons)
- China (1.5K tons)
- France (1.2K tons)
- Egypt (1.0K tons)
- Spain (0.9K tons)
- Poland (0.3K tons)
Dried Onion Exports in the UK
In 2022, overseas shipments of dried onions were finally on the rise to reach 524 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep setback.
In value terms, dried onion exports rose notably to $1.7M in 2022. Overall, exports, however, continue to indicate a abrupt downturn.
| Export of Dried Onion in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,043 | 521 | 657 | 731 | -11.2% |
| Poland | 125 | 388 | 379 | 349 | 40.8% |
| France | 79.3 | 291 | 79.0 | 331 | 61.0% |
| Spain | 20.0 | 4.4 | 17.0 | 57.6 | 42.3% |
| Germany | 440 | 106 | N/A | 46.1 | -52.9% |
| Netherlands | 117 | 105 | 160 | 43.5 | -28.1% |
| Turkey | 8.8 | 4.8 | 77.1 | 35.1 | 58.6% |
| India | 21.3 | 11.2 | N/A | 15.4 | -10.2% |
| Others | 144 | 349 | 168 | 107 | -9.4% |
| Total | 1,998 | 1,780 | 1,537 | 1,715 | -5.0% |
Top Export Markets for Dried Onion from the UK in 2022:
- Ireland (268.4 tons)
- France (88.3 tons)
- Poland (82.9 tons)
- Spain (18.9 tons)
- Netherlands (16.6 tons)
- India (10.8 tons)
- Turkey (9.4 tons)
- Germany (7.0 tons)
This report provides an in-depth analysis of the dried onion market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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