Australia: Onion And Shallot Market 2024

Onion And Shallot Market Size in Australia

The Australian onion and shallot market amounted to $X in 2022, rising by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Onion and shallot consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Onion And Shallot Production in Australia

In value terms, onion and shallot production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

The average yield of onion and shallot in Australia reached X tons per ha in 2022, stabilizing at the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. The onion and shallot yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The onion and shallot harvested area in Australia declined modestly to X ha in 2022, approximately mirroring the year before. Over the period under review, the harvested area continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the onion and shallot harvested area remained at a somewhat lower figure.

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Onion And Shallot Exports

Exports from Australia

In 2022, approx. X tons of onion and shallot were exported from Australia; which is down by X% against 2021. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, onion and shallot exports fell significantly to $X in 2022. Overall, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for onion and shallot exports from Australia, accounting for a X% share of total exports. Moreover, onion and shallot exports to Thailand exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Japan (X% per year).

In value terms, Thailand ($X), Taiwan (Chinese) ($X) and Japan ($X) constituted the largest markets for onion and shallot exported from Australia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average onion and shallot export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Italy ($X per ton), while the average price for exports to Thailand ($X 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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Australia

In 2022, purchases abroad of onion and shallot increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible reduction. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, onion and shallot imports soared to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; afterwards, it flattened through to 2022.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of onion and shallot to Australia, accounting for a X% share of total imports. Moreover, onion and shallot imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of onion and shallot to Australia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average onion and shallot import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, recorded tangible growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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 the Netherlands ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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