Italy: Onion And Shallot Market 2024

Onion And Shallot Market Size in Italy

The Italian onion and shallot market was finally on the rise to reach $X in 2022, after two years of decline. Overall, the total consumption indicated a prominent 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 decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Onion And Shallot Production in Italy

In value terms, onion and shallot production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Onion and shallot production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of onion and shallot in Italy was estimated at X tons per ha in 2022, leveling off at 2021. 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 observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the average onion and shallot yield reached the peak level at X tons per ha in 2020; however, from 2021 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.

In 2022, the onion and shallot harvested area in Italy contracted to X ha, waning by X% on the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the onion and shallot harvested area failed to regain momentum.

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Onion And Shallot Exports

Exports from Italy

Onion and shallot exports from Italy shrank significantly to X tons in 2022, waning by X% on 2021 figures. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, onion and shallot exports fell remarkably to $X in 2022. Over the period under review, exports showed a mild contraction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Germany (X tons), France (X tons) and Austria (X tons) were the main destinations of onion and shallot exports from Italy, with a combined X% share of total exports. Switzerland, Slovenia, the Czech Republic, Cyprus, Croatia, the UK, Hungary, Malta, Poland and Slovakia lagged somewhat behind, together comprising 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 Cyprus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Austria ($X) constituted the largest markets for onion and shallot exported from Italy worldwide, with a combined X% share of total exports. Switzerland, Cyprus, the Czech Republic, Slovenia, Croatia, Hungary, Poland, the UK, Malta and Slovakia lagged somewhat behind, together comprising a further X%.

Cyprus, 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

In 2022, the average onion and shallot export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, export price indicated tangible growth 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. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then declined in the following year.

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

Onion And Shallot Imports

Imports into Italy

In 2022, overseas purchases of onion and shallot decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a mild downturn. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, onion and shallot imports declined to $X in 2022. In general, total imports indicated slight 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main suppliers of onion and shallot imports to Italy, together accounting for X% of total imports. Austria, Egypt, Spain, Poland and Australia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest onion and shallot suppliers to Italy were France ($X), the Netherlands ($X) and Germany ($X), together accounting for X% of total imports. Egypt, Austria, Spain, Poland and Australia lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, reducing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2021, and then fell in the following year.

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 Egypt ($X per ton), while the price for Austria ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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