Luxembourg: Onion And Shallot Market 2024

Onion And Shallot Market Size in Luxembourg

In 2022, after four years of growth, there was significant decline in the Luxembourg onion and shallot market, when its value decreased by X% to $X. In general, the total consumption indicated tangible 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. Onion and shallot consumption peaked at $X in 2021, and then declined in the following year.

Onion And Shallot Production in Luxembourg

In value terms, onion and shallot production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate significant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Onion and shallot production peaked at $X in 2020; afterwards, it flattened through to 2022.

The average yield of onion and shallot in Luxembourg fell remarkably to X tons per ha in 2022, which is down by X% on 2021 figures. Overall, the yield, however, showed buoyant growth. The growth pace was the most rapid in 2018 with an increase of X%. The onion and shallot yield peaked at X tons per ha in 2021, and then dropped notably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of onion and shallot in Luxembourg soared to X ha, growing by X% against the year before. The harvested area 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 throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the harvested area increased by X% against the previous year. The onion and shallot harvested area peaked in 2022 and is likely to continue growth in the near future.

Onion And Shallot Exports

Exports from Luxembourg

In 2022, after two years of decline, there was significant growth in overseas shipments of onion and shallot, when their volume increased by X% to X tons. Overall, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, onion and shallot exports skyrocketed to $X in 2022. In general, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main destinations of onion and shallot exports from Luxembourg, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and Germany ($X) were the largest markets for onion and shallot exported from Luxembourg worldwide, with a combined X% share of total exports.

Among the main countries of destination, Belgium, with a CAGR of X%, saw the highest growth rate of 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, with a decrease 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 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Luxembourg

In 2022, imports of onion and shallot into Luxembourg reached X tons, increasing by X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, onion and shallot imports contracted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of onion and shallot to Luxembourg, with a X% share of total imports. Moreover, onion and shallot imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The Netherlands (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 Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

In value terms, the largest onion and shallot suppliers to Luxembourg were Belgium ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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, shrinking by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per ton in 2021, and then contracted dramatically 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 Poland ($X per ton), while the price for Spain ($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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