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Latin America and the Caribbean - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Dried Onion Market Overview 2021

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Dried Onion Market Size in Latin America and the Caribbean

In 2020, the Latin American dried onion market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Dried Onion Production in Latin America and the Caribbean

In value terms, dried onion production amounted to $X in 2020 estimated in export prices. The total production indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2017 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The country with the largest volume of dried onion production was Mexico (X tonnes), accounting for X% of total volume. Moreover, dried onion production in Mexico exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), twofold. Chile (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Mexico stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Argentina (+X% per year) and Chile (+X% per year).

Dried Onion Exports

Exports in Latin America and the Caribbean

Dried onion exports fell remarkably to X tonnes in 2020, with a decrease of -X% on the year before. Over the period under review, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, dried onion exports contracted significantly to $X in 2020. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Chile (X tonnes) represented the key exporter of dried onions, making up X% of total exports. It was distantly followed by Costa Rica (X tonnes), Peru (X tonnes), Mexico (X tonnes) and Guatemala (X tonnes), together achieving a X% share of total exports. The following exporters - Ecuador (X tonnes) and the Dominican Republic (X tonnes) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to dried onion exports from Chile stood at +X%. At the same time, the Dominican Republic (+X%), Ecuador (+X%), Costa Rica (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Mexico (-X%) and Peru (-X%) illustrated a downward trend over the same period. Chile (+X p.p.), Costa Rica (+X p.p.), Guatemala (+X p.p.), Ecuador (+X p.p.) and the Dominican Republic (+X p.p.) significantly strengthened its position in terms of the total exports, while Peru saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dried onion supplying countries in Latin America and the Caribbean were Chile ($X), Peru ($X) and Costa Rica ($X), together comprising X% of total exports. These countries were followed by Mexico, Guatemala, Ecuador and the Dominican Republic, which together accounted for a further X terms of the main exporting countries, the Dominican Republic 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 2020, the dried onion export price in Latin America and the Caribbean amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, export prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per tonne), while Ecuador ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru, while the other leaders experienced more modest paces of growth.

Dried Onion Imports

Imports in Latin America and the Caribbean

For the eighth year in a row, LatAmerica and the Caribbean recorded growth in supplies from abroad of dried onions, which increased by X% to X tonnes in 2020. Total imports indicated buoyant growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, dried onion imports rose significantly to $X in 2020. Total imports indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

Brazil was the major importer of dried onions in Latin America and the Caribbean, with the volume of imports recording X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by Mexico (X tonnes), Guatemala (X tonnes) and Colombia (X tonnes), together mixing up a X% share of total imports. The following importers - Argentina (X tonnes), El Salvador (X tonnes) and Chile (X tonnes) - together made up X% of total imports.

Brazil was also the fastest-growing in terms of the dried onions imports, with a CAGR of +X% from 2007 to 2020. At the same time, Argentina (+X%), Mexico (+X%), Guatemala (+X%), Colombia (+X%) and El Salvador (+X%) displayed positive paces of growth. By contrast, Chile (-X%) illustrated a downward trend over the same period. While the share of Brazil (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Mexico (-X p.p.), El Salvador (-X p.p.), Guatemala (-X p.p.), Colombia (-X p.p.) and Chile (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported dried onions in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Brazil totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Guatemala (+X% per year).

Import Prices by Country

In 2020, the dried onion import price in Latin America and the Caribbean amounted to $X per tonne, picking up by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in El Salvador ($X per tonne) and Mexico ($X per tonne), while Brazil ($X per tonne) and Guatemala ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by El Salvador, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dried onions in LatAmerica and the Caribbean?
+
Mexico (25K tonnes) constituted the country with the largest volume of dried onion consumption, accounting for 42% of total volume. Moreover, dried onion consumption in Mexico exceeded the figures recorded by the second-largest consumer, Argentina (10K tonnes), threefold. Brazil (9.4K tonnes) ranked third in terms of total consumption with a 16% share.
What are the largest producers of dried onions in LatAmerica and the Caribbean?
+
Mexico (23K tonnes) remains the largest dried onion producing country in Latin America and the Caribbean, accounting for 53% of total volume. Moreover, dried onion production in Mexico exceeded the figures recorded by the second-largest producer, Argentina (9.4K tonnes), twofold. The third position in this ranking was occupied by Chile (5K tonnes), with a 11% share.
What are the leading suppliers of dried onions in LatAmerica and the Caribbean?
+
In value terms, Chile ($1.2M), Peru ($598K) and Costa Rica ($540K) were the countries with the highest levels of exports in 2020, with a combined 77% share of total exports. These countries were followed by Mexico, Guatemala, Ecuador and the Dominican Republic, which together accounted for a further 19%.
What are the leading importers of dried onions in LatAmerica and the Caribbean?
+
In value terms, Brazil ($19M) constitutes the largest market for imported dried onions in Latin America and the Caribbean, comprising 48% of total imports. The second position in the ranking was occupied by Mexico ($6.5M), with a 16% share of total imports. It was followed by Guatemala, with a 9.2% share.
What is the average export price for dried onions in LatAmerica and the Caribbean?
+
In 2020, the dried onion export price in Latin America and the Caribbean amounted to $3,058 per tonne, surging by 4.6% against the previous year.
What is the average import price for dried onions in LatAmerica and the Caribbean?
+
In 2020, the dried onion import price in Latin America and the Caribbean amounted to $2,256 per tonne, picking up by 7.1% against the previous year.

Product coverage:
• Prodcom 10391330 - Dried onions, whole, cut, sliced, broken or in powder, but not further prepared

This report provides an in-depth analysis of the dried onion market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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