India: Onion And Shallot Market 2024

Onion And Shallot Market Size in India

In 2022, the Indian onion and shallot market decreased by less than X% to $X, falling for the second year in a row after four years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Onion and shallot consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Onion And Shallot Production in India

In value terms, onion and shallot production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

In 2022, the average onion and shallot yield in India dropped modestly to X tons per ha, leveling off at the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 when the yield increased by X%. Over the period under review, the average onion and shallot yield attained the maximum level at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a 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 India rose slightly to X ha in 2022, growing by X% on the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2022.

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Onion And Shallot Exports

Exports from India

In 2022, shipments abroad of onion and shallot increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, total exports indicated a pronounced expansion 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. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, onion and shallot exports surged to $X in 2022. Over the period under review, total exports indicated a buoyant 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons) was the main destination for onion and shallot exports from India, with a X% share of total exports. Moreover, onion and shallot exports to Bangladesh exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest markets for onion and shallot exported from India were Bangladesh ($X), Malaysia ($X) and the United Arab Emirates ($X), together comprising X% of total exports. Sri Lanka, Nepal, Indonesia and Qatar lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Nepal, 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, declining 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 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Bangladesh ($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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into India

In 2022, onion and shallot imports into India dropped notably to X tons, waning by X% compared with the previous year. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, onion and shallot imports declined notably to $X in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Afghanistan (X tons) was the main onion and shallot supplier to India, with a approx. X% share of total imports.

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

In value terms, Afghanistan ($X) constituted the largest supplier of onion and shallot to India.

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

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to X% per year.

Source: IndexBox Platform

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