Dry Onion Market
Dry onion market: get new data featured by an Ai-driven business intelligence platform. Datasets contain market prices, production, imports, trade, market size, exports, consumption, and companies. There is a split by region, including Russia, the U.K., the Middle East, Latin America, the U.S., China, EU, and Africa. Market dynamics and forecast to 2030 are also featured in the snapshots.
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Dry Onion - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | United States |
4 | Indonesia |
5 | Algeria |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.
In China, the dry onion market expanded at an average annual rate of +4.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (-1.0% per year) and the United States (+10.1% per year).
Dry Onion Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Argentina | 241 | 183 | 149 | -21.4% |
Turkey | 164 | 229 | 233 | 19.2% |
India | 303 | 252 | 242 | -10.6% |
Peru | 445 | 456 | 371 | -8.7% |
Pakistan | 231 | 407 | 408 | 32.9% |
Spain | 499 | 526 | 438 | -6.3% |
Netherlands | 407 | 497 | 464 | 6.8% |
New Zealand | 592 | 647 | 487 | -9.3% |
Egypt | 425 | 492 | 494 | 7.8% |
Poland | 444 | 691 | 559 | 12.2% |
China | 563 | 613 | 562 | -0.1% |
United States | 644 | 715 | 684 | 3.1% |
Mexico | 865 | 1025 | 1025 | 8.9% |
Average | 444 | 464 | 434 | -1.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($1,025 per ton), while Argentina ($149 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 783 | 845 | 792 | 0.6% |
Canada | 574 | 750 | 746 | 14.0% |
Germany | 583 | 715 | 710 | 10.4% |
United Kingdom | 572 | 646 | 635 | 5.4% |
Netherlands | 488 | 593 | 552 | 6.4% |
Japan | 430 | 468 | 450 | 2.3% |
Malaysia | 279 | 305 | 434 | 24.7% |
Sri Lanka | 289 | 339 | 410 | 19.1% |
Russia | 357 | 401 | 383 | 3.6% |
United Arab Emirates | 260 | 262 | 317 | 10.4% |
Saudi Arabia | 321 | 287 | 285 | -5.8% |
Brazil | 288 | 248 | 264 | -4.3% |
Bangladesh | 320 | 291 | 250 | -11.6% |
Average | 382 | 429 | 419 | 4.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($792 per ton), while Bangladesh ($250 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.
Dry Onion - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 0.4 | 0.5 | 0.4 | -0.1% |
Malaysia | 0.1 | 0.2 | 0.2 | 20.7% |
United Kingdom | 0.2 | 0.3 | 0.2 | -7.9% |
Germany | 0.2 | 0.2 | 0.2 | 1.6% |
Bangladesh | 0.07 | 0.1 | 0.2 | 53.9% |
In value terms, the United States ($445M) constitutes the largest market for imported dry onions worldwide, comprising 12% of global imports. The second position in the ranking was occupied by Malaysia ($211M), with a 5.8% share of global imports. It was followed by the UK, with a 5.3% share.
From 2018 to 2020, the average annual rate of growth in terms of value in the United States was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+20.7% per year) and the UK (-7.9% per year).
Dry Onion - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Netherlands | 0.7 | 0.8 | 0.8 | 10.4% |
China | 0.5 | 0.6 | 0.5 | -1.4% |
Mexico | 0.4 | 0.3 | 0.4 | 3.3% |
India | 0.3 | 0.4 | 0.3 | 5.7% |
United States | 0.2 | 0.3 | 0.3 | 4.0% |
In value terms, the Netherlands ($828M), China ($495M) and Mexico ($399M) appeared to be the countries with the highest levels of exports in 2020, together comprising 44% of global exports. India, the United States, Egypt, Spain, Pakistan, New Zealand, Peru, Poland, Turkey and Argentina lagged somewhat behind, together accounting for a further 36%.
Among the main exporting countries, Turkey (+75.9% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Dry Onion - Market Forecast
Driven by increasing demand for dry onion worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Dry Onion - Top Companies
Guangxi Nanning Lvhan Agriculture Co.,Ltd., Zhongxian Fengfu Agriculture Development Co., Ltd., Mengjin County Golden Tianye Family Farm, Shandong Binzhou Yanlaihong High Tech. Park Co.,Ltd., Yucheng County Zhongken Agriculture Development Co., Ltd., Zunyi Yumiao Eco-agriculture Co., Ltd., Wm. Bolthouse Farms, Inc., Nanle County Ruifang Plantation Specialty Cooperative, Hubei Lingshang Renjia Ecological Food Co.,Ltd., Yushan County Chuangyuan Family Farm, Yichang Hannongyuan Ecology Agricultural Development Co., Ltd., Guinan County Shuanghua Pollution Free Vegetables Plantation Specialty Cooperati ve, Guangzhou Conghua Suifeng Vegetables & Fruits Specialty Cooperative, Changyang En'shi Huinong Vegetables Farmer Cooperative, Xiangyang Xiangcheng District Chenshun Lotus Root Plantation Specialty Cooperati ve, Yuncheng Yanhu District Suhe Fengwang Fruits & Vegetables Plantation Specialty C ooperative, Huangyuan Xiaolin Vegetables Plantation Specialty Cooperative, Tanimura & Antle Fresh Foods, Inc., Jinjiang Feifei Gardening Crop Plantation Co.,Ltd., Changzhi County Wofeng Plantation Specialty Cooperative
Dry Onion - Product Coverage
- HS 070310 - Vegetables, alliaceous; onions and shallots, fresh or chilled
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