Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador - 2022

Contents:

  1. Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador (CIF) - 2022
  2. Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador (FOB) - 2022
  3. Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador
  4. Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador

Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador (CIF) - 2022

The average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $927 per ton in 2022, remaining constant against the previous year. In general, the import price posted a remarkable increase. The growth pace was the most rapid in 2015 an increase of 65%. Over the period under review, average import prices reached the maximum at $1,536 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($1,015 per ton), while the price for China amounted to $912 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+16.8%).

Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador (FOB) - 2022

In 2022, the average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $1,161 per ton, growing by 163% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 421% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,209 per ton), while the average price for exports to Canada amounted to $1,111 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-14.9%), while the prices for the other major destinations experienced a decline.

Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador

In 2022, the amount of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds imported into Ecuador was estimated at 20K tons, standing approx. at the year before. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 20K tons; afterwards, it flattened through to 2022.

In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds totaled $19M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 5.3% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.014.115.714.69.9%
Peru6.84.52.63.8-17.6%
Others0.10.2N/A0.10.0%
Total17.818.818.318.51.3%

Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to Ecuador in 2022:

  1. China (16.0K tons)
  2. Peru (3.8K tons)

Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador

After three years of growth, shipments abroad of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds decreased by -72.8% to 550 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 212%.

In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds dropped markedly to $639K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 132% against the previous year. As a result, the exports reached the peak of $893K, and then reduced remarkably in the following year.

Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22019244934115.7%
Canada32.3154392298109.7%
ColombiaN/A24.547.3N/A93.1%
Czech RepublicN/A14.0N/AN/A0%
OthersN/AN/A3.9N/A0%
Total25238589363936.4%

Top Export Markets for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled from Ecuador in 2022:

  1. United States (282.0 tons)
  2. Canada (268.1 tons)

Source: IndexBox Market Intelligence Platform

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