Greece: Onion And Shallot Market 2024

Onion And Shallot Market Size in Greece

After two years of decline, the Greek onion and shallot market increased by X% to $X in 2022. Overall, consumption, however, recorded a relatively flat trend pattern. Onion and shallot consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Onion And Shallot Production in Greece

In value terms, onion and shallot production declined slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Onion and shallot production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average onion and shallot yield in Greece totaled X tons per ha, approximately equating the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The onion and shallot yield peaked at X tons per ha in 2020; however, from 2021 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 Greece was estimated at X ha in 2022, picking up by X% against the year before. Over the period under review, the harvested area, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 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 maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Onion And Shallot Exports

Exports from Greece

In 2022, exports of onion and shallot from Greece dropped sharply to X tons, shrinking by X% against the previous year. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, onion and shallot exports declined notably to $X in 2022. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Romania (X tons), Bulgaria (X tons) and Cyprus (X tons) were the main destinations of onion and shallot exports from Greece, with a combined X% share of total exports. Germany, Hungary, the UK and Poland 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 Hungary (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 Greece were Cyprus ($X), the UK ($X) and Romania ($X), with a combined X% share of total exports. Germany, Hungary, Bulgaria and Poland lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

Onion And Shallot Imports

Imports into Greece

In 2022, supplies from abroad of onion and shallot decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, onion and shallot imports dropped dramatically to $X in 2022. Overall, imports, however, showed pronounced growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest supplier of onion and shallot to Greece, accounting for a X% share of total imports. Moreover, onion and shallot imports from Austria exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a pronounced slump. The growth pace was the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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