EU: Dried Onion Market 2024

Dried Onion Market Size in the EU

The EU dried onion market expanded sharply to $X in 2022, picking up by X% against the previous year. The total consumption 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. Based on 2022 figures, consumption increased by X% against 2013 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Dried Onion Production in the EU

In value terms, dried onion production surged to $X in 2022 estimated in export price. Overall, production, however, posted strong growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Dried Onion Exports

Exports in the EU

In 2022, overseas shipments of dried onions decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, dried onion exports dropped modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined slightly in the following year.

Exports by Country

In 2022, Spain (X tons), distantly followed by France (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons) and Hungary (X tons) were the key exporters of dried onions, together achieving X% of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Netherlands, Belgium, Hungary and Poland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Hungary, 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 export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Dried Onion Imports

Imports in the EU

In 2022, overseas purchases of dried onions decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, dried onion imports rose to $X in 2022. The total import 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 2020 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Sweden (X tons), Hungary (X tons), Belgium (X tons) and Poland (X tons) were the major importers of dried onions, together creating X% of total imports. France (X tons), Austria (X tons), Italy (X tons), Denmark (X tons), Romania (X tons) and Croatia (X tons) took a little share of total imports.

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

In value terms, Germany ($X) constitutes the largest market for imported dried onions in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, surging 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 2020 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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