China: Onion And Shallot Market 2024

Onion And Shallot Market Size in China

The Chinese onion and shallot market fell to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Onion and shallot consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Onion And Shallot Production in China

In value terms, onion and shallot production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Onion and shallot production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of onion and shallot in China reached X tons per ha in 2022, stabilizing at the previous year. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. The onion and shallot yield peaked at X tons per ha in 2018; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of onion and shallot production in China totaled X ha, leveling off at 2021. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to onion and shallot production reached the peak figure at X ha in 2018; afterwards, it flattened through to 2022.

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Onion And Shallot Exports

Exports from China

In 2022, shipments abroad of onion and shallot increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, onion and shallot exports skyrocketed to $X in 2022. Overall, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X tons), Vietnam (X tons) and South Korea (X tons) were the main destinations of onion and shallot exports from China, with a combined X% share of total exports. Thailand, Malaysia, Pakistan, Russia, Indonesia and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for onion and shallot exported from China were Vietnam ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports. Thailand, Malaysia, Russia, Pakistan, Indonesia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Pakistan, with a CAGR of X%, saw 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

The average onion and shallot export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Pakistan ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into China

In 2022, overseas purchases of onion and shallot increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, onion and shallot imports soared to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Myanmar (X tons) was the main supplier of onion and shallot to China, with a X% share of total imports. It was followed by India (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Myanmar totaled X%.

In value terms, Myanmar ($X) constituted the largest supplier of onion and shallot to China, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Myanmar amounted to X%.

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price saw buoyant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Myanmar amounted to $X per ton.

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

Source: IndexBox Platform

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