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

U.S. - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights

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Dried Onion Price in the United States - 2023

Contents:

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

Dried Onion Price in the United States (FOB) - 2022

In 2022, the average dried onion export price amounted to $3,097 per ton, surging by 2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($4,388 per ton), while the average price for exports to Sweden ($2,645 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 the UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Onion Price in the United States (CIF) - 2023

In June 2023, the average dried onion import price amounted to $2,864 per ton, dropping by -3.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 22% month-to-month. Over the period under review, average import prices reached the peak figure at $3,686 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($7,235 per ton), while the price for China ($2,179 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Dried Onion Exports in the United States

In 2022, the amount of dried onions exported from the United States reached 29K tons, surging by 6.4% compared with the previous year. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dried onion exports rose significantly to $90M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Dried Onion in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13.415.816.720.515.2%
Canada16.318.517.416.81.0%
Mexico4.14.25.76.516.6%
United Kingdom3.64.34.16.320.5%
Indonesia13.110.610.76.0-22.9%
Thailand2.22.62.74.426.0%
Australia3.64.33.53.81.8%
Philippines2.12.22.73.821.9%
South Korea0.91.31.73.861.6%
Belgium4.73.42.72.7-16.9%
Israel1.92.12.01.8-1.8%
Germany1.01.11.41.411.9%
Others12.512.311.912.60.3%
Total79.482.883.190.34.4%

Top Export Markets for Dried Onion from the United States in 2022:

  1. Japan (7.1K tons)
  2. Canada (6.1K tons)
  3. Indonesia (2.2K tons)
  4. Mexico (1.9K tons)
  5. United Kingdom (1.7K tons)
  6. Australia (1.3K tons)
  7. Thailand (1.2K tons)
  8. South Korea (1.1K tons)
  9. Philippines (0.9K tons)
  10. Belgium (0.8K tons)
  11. Israel (0.7K tons)
  12. Germany (0.5K tons)

Dried Onion Imports in the United States

Dried onion imports into the United States skyrocketed to 9.7K tons in 2022, jumping by 63% on the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dried onion imports soared to $30M in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Dried Onion in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1.20.42.810.7107.4%
China5.75.85.910.221.4%
India4.02.63.96.115.1%
CanadaN/A0.63.61.029.1%
Mexico1.01.21.00.5-20.6%
Others0.81.01.61.626.0%
Total12.711.618.830.033.2%

Top Suppliers of Dried Onion to the United States in 2022:

  1. Egypt (3.3K tons)
  2. China (3.2K tons)
  3. India (2.6K tons)
  4. Canada (0.2K tons)
  5. Mexico (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried onion market in the U.S.. 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 States

Data coverage:

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