Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary - 2023

Contents:

  1. Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary (CIF) - 2023
  2. Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary (FOB) - 2022
  3. Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary
  4. Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary

Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary (CIF) - 2023

In October 2023, the average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $1,546 per ton, with an increase of 14% against the previous month. Over the period under review, import price indicated a resilient expansion from October 2022 to October 2023: its price increased at an average monthly rate of +7.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds increased by +33.6% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 84% against the previous month. The import price peaked in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Kenya ($10,809 per ton), while the price for Turkey stood at $1,240 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $1,542 per ton in 2022, with a decrease of -14.7% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +9.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds increased by +14.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 104%. The export price peaked at $1,808 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($2,819 per ton), while the average price for exports to Serbia ($381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds was finally on the rise to reach 31K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep reduction.

In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds expanded markedly to $19M in 2022. Over the period under review, imports, however, recorded a abrupt contraction.

Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.01.54.04.666.3%
Netherlands7.25.53.24.1-17.1%
Slovakia3.81.82.42.6-11.9%
Austria2.62.72.42.5-1.3%
Germany4.02.31.22.1-19.3%
Italy3.02.62.61.4-22.4%
Poland0.40.50.20.2-20.6%
Serbia0.20.10.10.20.0%
Others1.41.51.41.76.7%
Total23.618.617.419.4-6.3%

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

  1. Slovakia (8.5K tons)
  2. Austria (7.7K tons)
  3. Spain (5.3K tons)
  4. Netherlands (2.9K tons)
  5. Germany (2.7K tons)
  6. Italy (1.3K tons)
  7. Serbia (0.7K tons)
  8. Poland (0.4K tons)

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

In 2022, approx. 1.6K tons of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds were exported from Hungary; picking up by 8.1% on 2021 figures. In general, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of 2.8K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds reduced to $2.5M in 2022. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $3.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania2,0112,4021,084825-25.7%
CroatiaN/AN/A190531179.5%
Slovenia12927249152059.1%
Slovakia428516672417-0.9%
Austria42540210858.7-48.3%
BulgariaN/A5.7N/A52.4203.2%
SerbiaN/A26.923.146.130.9%
Ukraine39.136.01.414.5-28.2%
Others11275.612217.2-46.4%
Total3,1443,7362,6912,481-7.6%

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

  1. Croatia (512.5 tons)
  2. Romania (368.7 tons)
  3. Slovakia (215.1 tons)
  4. Slovenia (184.3 tons)
  5. Serbia (121.1 tons)
  6. Bulgaria (68.0 tons)
  7. Austria (59.7 tons)
  8. Ukraine (40.5 tons)

Source: IndexBox Market Intelligence Platform

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