Estonia: Onion And Shallot Market 2024

Onion And Shallot Market Size in Estonia

The Estonian onion and shallot market totaled $X in 2022, rising by X% against the previous year. Over the period under review, the total consumption indicated a perceptible increase 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Onion And Shallot Production in Estonia

In value terms, onion and shallot production shrank slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

The average yield of onion and shallot in Estonia declined to X kg per ha in 2022, with a decrease of X% compared with the previous year. Overall, the yield saw a sharp curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 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.

In 2022, the harvested area of onion and shallot in Estonia declined modestly to X ha, therefore, remained relatively stable against 2021 figures. Over the period under review, the harvested area saw a slight downturn. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to onion and shallot production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Onion And Shallot Exports

Exports from Estonia

In 2022, shipments abroad of onion and shallot decreased by X% to X tons, falling for the third year in a row after six years of growth. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked 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 amounted to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X tons), Germany (X tons) and Finland (X tons) were the main destinations of onion and shallot exports from Estonia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X.2%), while the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X) remains the key foreign market for onion and shallot exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Germany (X.8% per year).

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. In general, the export price showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 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 Latvia ($X per ton), while the average price for exports to Germany ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Estonia

In 2022, approx. X tons of onion and shallot were imported into Estonia; declining by X% on 2021 figures. Overall, total imports indicated a strong increase from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank slightly in the following year.

In value terms, onion and shallot imports expanded notably to $X in 2022. In general, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Latvia (X tons), Poland (X tons) and the Netherlands (X tons) were the main suppliers of onion and shallot imports to Estonia, with a combined X% share of total imports. Lithuania, Denmark, Spain and Finland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Poland ($X) and the Netherlands ($X) appeared to be the largest onion and shallot suppliers to Estonia, together comprising X% of total imports. Lithuania, Finland, Spain and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price 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. Based on 2022 figures, onion and shallot import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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