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

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

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Onion and Shallot Price in Pakistan - 2023

Contents:

  1. Onion and Shallot Price in Pakistan (FOB) - 2022
  2. Onion and Shallot Price in Pakistan (CIF) - 2023
  3. Onion and Shallot Exports in Pakistan
  4. Onion and Shallot Imports in Pakistan

Onion and Shallot Price in Pakistan (FOB) - 2022

In 2022, the average onion and shallot export price amounted to $338 per ton, growing by 5.9% against the previous year. Over the period under review, the export price showed prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 76%. Over the period under review, the average export prices reached the maximum at $407 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bahrain ($350 per ton) and Malaysia ($342 per ton), while the average price for exports to Oman ($330 per ton) and Sri Lanka ($331 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Onion and Shallot Price in Pakistan (CIF) - 2023

In March 2023, the average onion and shallot import price amounted to $287 per ton, rising by 2.4% against the previous month. Overall, the import price continues to indicate a noticeable increase. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 42% month-to-month. Over the period under review, average import prices attained the peak figure at $302 per ton in January 2023; however, from February 2023 to March 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($338 per ton), while the price for Iran ($196 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Onion and Shallot Exports in Pakistan

In 2022, after three years of growth, there was significant decline in shipments abroad of onion and shallot, when their volume decreased by -70.9% to 132K tons. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 84% against the previous year.

In value terms, onion and shallot exports reduced remarkably to $45M in 2022. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year.

Export of Onion and Shallot in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia29.742.258.613.1-23.9%
Sri Lanka14.423.728.611.0-8.6%
United Arab Emirates3.614.819.710.141.0%
Qatar3.76.811.34.67.5%
Oman2.78.816.52.70.0%
Singapore3.64.75.71.6-23.7%
Bahrain0.41.42.11.140.1%
Bangladesh6.417.90.6N/A-69.4%
Others2.73.72.20.6-39.4%
Total67.312414544.8-12.7%

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

  1. Malaysia (38.4K tons)
  2. Sri Lanka (33.1K tons)
  3. United Arab Emirates (29.4K tons)
  4. Qatar (13.5K tons)
  5. Oman (8.2K tons)
  6. Singapore (4.8K tons)
  7. Bahrain (3.2K tons)

Onion and Shallot Imports in Pakistan

Onion and shallot imports into Pakistan surged to 493K tons in 2022, with an increase of 268% on 2021 figures. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, onion and shallot imports skyrocketed to $102M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Onion and Shallot in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan14.428.622.948.650.0%
EgyptN/AN/AN/A23.40%
Iran1.20.3N/A17.5144.3%
ChinaN/AN/AN/A11.50%
OthersN/AN/AN/A1.10%
Total15.628.923.010287.0%

Top Suppliers of Onion and Shallot to Pakistan in 2022:

  1. Afghanistan (269.9K tons)
  2. Iran (93.8K tons)
  3. Egypt (88.3K tons)
  4. China (38.2K tons)

Source: IndexBox Market Intelligence Platform

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

  • Pakistan

Data coverage:

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