Indonesia: Onion And Shallot Market 2024

Onion And Shallot Market Size in Indonesia

The Indonesian onion and shallot market was estimated at $X in 2022, growing by X% against the previous year. In general, consumption enjoyed buoyant growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Onion And Shallot Production in Indonesia

In value terms, onion and shallot production reached $X in 2022 estimated in export price. In general, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of onion and shallot in Indonesia declined slightly to X tons per ha in 2022, stabilizing at 2021 figures. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the yield increased by X%. Over the period under review, the average onion and shallot yield reached the maximum level at X tons per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the onion and shallot harvested area in Indonesia rose modestly to X ha, growing by X% compared with the previous year's figure. Over the period under review, the total harvested area indicated a prominent expansion from 2012 to 2022: its figure 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 harvested area decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X%. The onion and shallot harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Onion And Shallot Exports

Exports from Indonesia

In 2022, exports of onion and shallot from Indonesia shrank rapidly to X tons, waning by X% on 2021 figures. Overall, exports faced a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, onion and shallot exports reduced markedly to $X in 2022. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for onion and shallot exports from Indonesia, with a X% share of total exports. Moreover, onion and shallot exports to Thailand exceeded the volume sent to the second major destination, Singapore (X tons), fivefold. Malaysia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Thailand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Malaysia (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average onion and shallot export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then shrank in the following year.

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

Onion And Shallot Imports

Imports into Indonesia

In 2022, onion and shallot imports into Indonesia surged to X tons, increasing by X% compared with 2021 figures. In general, total imports indicated modest growth 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 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, onion and shallot imports surged to $X in 2022. Over the period under review, imports enjoyed noticeable growth. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of onion and shallot to Indonesia, accounting for a X% share of total imports. Moreover, onion and shallot imports from India exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by New Zealand (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and New Zealand (X% per year).

In value terms, the largest onion and shallot suppliers to Indonesia were India ($X), New Zealand ($X) and the Netherlands ($X), together accounting for X% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded 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

In 2022, the average onion and shallot import price amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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