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

Contents:

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

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

The average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $861 per ton in 2022, reducing by -11.9% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 57%. The import price peaked at $1,079 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Trinidad and Tobago ($3,937 per ton), while the price for Peru ($493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+11.6%), 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 Venezuela (FOB) - 2022

In 2022, the average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $950 per ton, leveling off at the previous year. Over the period under review, the export price saw a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 86%. As a result, the export price reached the peak level of $1,518 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to -1.5% per year.

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

In 2022, purchases abroad of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds increased by 76% to 111 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a precipitous decline.

In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds surged to $96K in 2022. Over the period under review, imports, however, faced a sharp downturn.

Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China75.535.912.936.0-21.9%
Trinidad and Tobago75.141.231.025.6-30.1%
Peru10131.33.421.6-40.2%
United States11.27.77.47.7-11.7%
Brazil5.411.64.64.8-3.9%
Others0.12.22.4N/A389.9%
Total26813061.795.8-29.0%

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

  1. China (51.0 tons)
  2. Peru (43.7 tons)
  3. Trinidad and Tobago (6.5 tons)
  4. Brazil (6.0 tons)
  5. United States (3.9 tons)

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

After two years of decline, shipments abroad of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds decreased by 0% to 27 tons in 2022. Over the period under review, exports faced a dramatic decline. The smallest decline of -49.7% was in 2020.

In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $25K in 2022. Overall, exports recorded a precipitous shrinkage. The smallest decline of -49.4% was in 2020.

Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba15.225.324.625.318.5%
Malaysia31.2N/AN/AN/A0%
Bahrain3.6N/AN/AN/A0%
OthersN/AN/A0.7N/A0%
Total50.025.325.325.3-20.3%

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

  1. Aruba (26.6 tons)

Source: IndexBox Market Intelligence Platform

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