U.S. - Onion and Shallot - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOnion and Shallot Price in the United States - 2023
Contents:
- Onion and Shallot Price in the United States (CIF) - 2023
- Onion and Shallot Price in the United States (FOB) - 2023
- Onion and Shallot Imports in the United States
- Onion and Shallot Exports in the United States
Onion and Shallot Price in the United States (CIF) - 2023
In September 2023, the average onion and shallot import price amounted to $1,053 per ton, growing by 56% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 215% against the previous month. Over the period under review, average import prices reached the maximum in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($1,617 per ton), while the price for Mexico ($787 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Onion and Shallot Price in the United States (FOB) - 2023
The average onion and shallot export price stood at $810 per ton in September 2023, picking up by 4.5% against the previous month. Overall, the export price, however, showed a slight decline. The pace of growth appeared the most rapid in June 2023 an increase of 10% against the previous month. The export price peaked at $1,109 per ton in January 2023; however, from February 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Canada ($941 per ton), while the average price for exports to Taiwan (Chinese) ($549 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.8%), while the prices for the other major destinations experienced a decline.
Onion and Shallot Imports in the United States
In 2022, after three years of growth, there was decline in purchases abroad of onion and shallot, when their volume decreased by -0.6% to 660K tons. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 664K tons, leveling off in the following year.
In value terms, onion and shallot imports expanded sharply to $526M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 13%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Onion and Shallot in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 319 | 328 | 363 | 357 | 3.8% |
| Canada | 42.0 | 40.5 | 51.0 | 78.4 | 23.1% |
| Peru | 80.0 | 63.9 | 65.8 | 67.9 | -5.3% |
| Others | 18.0 | 11.2 | 21.6 | 23.0 | 8.5% |
| Total | 459 | 444 | 501 | 526 | 4.6% |
Top Suppliers of Onion and Shallot to the United States in 2022:
- Mexico (386.9K tons)
- Peru (164.7K tons)
- Canada (84.4K tons)
Onion and Shallot Exports in the United States
For the third year in a row, the United States recorded decline in overseas shipments of onion and shallot, which decreased by -7.5% to 321K tons in 2022. In general, exports recorded a abrupt slump. The smallest decline of -5.4% was in 2021.
In value terms, onion and shallot exports surged to $328M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Onion and Shallot in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 183 | 164 | 192 | 250 | 11.0% |
| Mexico | 63.3 | 58.6 | 37.8 | 52.8 | -5.9% |
| Taiwan (Chinese) | 7.4 | 6.1 | 6.7 | 2.9 | -26.8% |
| Panama | 7.7 | 4.1 | 3.6 | 2.5 | -31.3% |
| Others | 26.5 | 18.0 | 24.6 | 20.3 | -8.5% |
| Total | 288 | 251 | 265 | 328 | 4.4% |
Top Export Markets for Onion and Shallot from the United States in 2022:
- Canada (221.7K tons)
- Mexico (76.1K tons)
- Taiwan (Chinese) (4.9K tons)
- Panama (3.6K tons)
This report provides an in-depth analysis of the onion and shallot 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:
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
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:
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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The onion price per ton stood at $698 (CIF, US) in May 2022, declining by -9.1% against the previous month.
992
In June 2022, the garlic price per ton amounted to $1,641 per ton, waning by -8.2% against the previous month.
312
In Apr 2022, the average import garlic price per ton amounted to $2,008, shrinking by -14.6% against the previous month.
733
The revenue of the garlic market in the U.S. amounted to $1.1B in 2018. Chinese garlic occupies approx. 28% in terms of total garlic consumption. If imports from China plummet, who will compensate for the shortage?
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From April 2023 to December 2023, Leek imports experienced a lack of growth momentum. However, in December 2023, the value of Leek imports surged to $7M.
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In June 2022, the leek price per ton stood at $1,221 per ton in June 2022, dropping by -7.3% against the previous month.
4510
Global dry onion consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
2244
In 2015, the countries with the highest levels of dry onion production were China (X thousand tons), India (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
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Global dry onion consumption stood at X tons in 2016, undergoing a measured upward trend with an annual average growth rate of +X% from 2007 to 2016.
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With a surge of exports in 2014, India seized control of the dry onion market. India exported X thousand tons of dry onion last year totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X.
