Austria - Onion and Shallot - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Austria - Onion and Shallot - Market Analysis, Forecast, Size, Trends And Insights

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Onion and Shallot Price in Austria - 2023

Contents:

  1. Onion and Shallot Price in Austria (FOB) - 2023
  2. Onion and Shallot Price in Austria (CIF) - 2023
  3. Onion and Shallot Exports in Austria
  4. Onion and Shallot Imports in Austria

Onion and Shallot Price in Austria (FOB) - 2023

In August 2023, the average onion and shallot export price amounted to $838 per ton, remaining stable against the previous month. Overall, the export price, however, saw buoyant growth. The growth pace was the most rapid in January 2023 an increase of 28% m-o-m. The export price peaked at $1,035 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($2,327 per ton), while the average price for exports to Slovakia ($501 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Onion and Shallot Price in Austria (CIF) - 2023

In August 2023, the average onion and shallot import price amounted to $1,462 per ton, with an increase of 7.1% against the previous month. Overall, import price indicated tangible growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, onion and shallot import price increased by +13.4% against June 2023 indices. The growth pace was the most rapid in November 2022 an increase of 44% m-o-m. Over the period under review, average import prices reached the maximum at $2,001 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($2,965 per ton), while the price for Moldova ($343 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Onion and Shallot Exports in Austria

For the fourth year in a row, Austria recorded growth in overseas shipments of onion and shallot, which increased by 0.1% to 76K tons in 2022. The total export volume increased at an average annual rate of +11.5% over the period 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 19%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, onion and shallot exports surged to $27M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Onion and Shallot in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary5.84.35.04.5-8.1%
Romania2.33.03.14.424.1%
Croatia1.91.21.62.712.4%
Italy2.01.62.02.69.1%
Slovakia1.30.92.32.422.7%
Slovenia3.72.92.32.0-18.5%
Czech Republic1.71.31.61.93.8%
Germany2.11.31.61.9-3.3%
Greece2.61.61.91.4-18.6%
Poland1.00.70.41.39.1%
Others1.00.61.31.821.6%
Total25.319.323.126.81.9%

Top Export Markets for Onion and Shallot from Austria in 2022:

  1. Romania (14.1K tons)
  2. Hungary (11.2K tons)
  3. Croatia (8.3K tons)
  4. Slovakia (7.8K tons)
  5. Italy (7.3K tons)
  6. Czech Republic (5.8K tons)
  7. Greece (5.2K tons)
  8. Slovenia (4.8K tons)
  9. Poland (3.6K tons)
  10. Germany (3.4K tons)

Onion and Shallot Imports in Austria

In 2022, approx. 9.2K tons of onion and shallot were imported into Austria; with a decrease of -29.6% compared with 2021 figures. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of less than 0.1%.

In value terms, onion and shallot imports fell dramatically to $11M in 2022. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year.

Import of Onion and Shallot in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.33.54.23.52.0%
Germany2.63.62.63.49.4%
Netherlands3.63.14.12.2-15.1%
Spain1.40.50.80.5-29.1%
BelgiumN/A0.30.20.415.5%
Turkey0.50.10.70.3-15.7%
Slovakia0.10.10.20.226.0%
Egypt2.60.20.10.1-66.2%
Others2.91.20.90.5-44.3%
Total16.912.513.811.0-13.3%

Top Suppliers of Onion and Shallot to Austria in 2022:

  1. Germany (3.0K tons)
  2. Netherlands (2.2K tons)
  3. Italy (2.2K tons)
  4. Turkey (0.5K tons)
  5. Spain (0.5K tons)
  6. Belgium (0.3K tons)
  7. Slovakia (0.2K tons)
  8. Egypt (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the onion and shallot market in Austria. 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:

  • FCL 402 - Onions, shallots (green)
  • FCL 403 - Onions, dry

Country coverage:

  • Austria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Austria
  • 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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