New Zealand: Onion And Shallot Market 2024

Onion And Shallot Market Size in New Zealand

In 2022, the New Zealand onion and shallot market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a temperate increase. Onion and shallot consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Onion And Shallot Production in New Zealand

In value terms, onion and shallot production fell to $X in 2022 estimated in export price. In general, the total production 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of onion and shallot in New Zealand was estimated at X tons per ha in 2022, remaining stable against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average onion and shallot yield remained at a somewhat 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 New Zealand dropped slightly to X ha in 2022, leveling off at the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. The onion and shallot harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

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Onion And Shallot Exports

Exports from New Zealand

After three years of growth, overseas shipments of onion and shallot decreased by X% to X tons in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then declined rapidly in the following year.

In value terms, onion and shallot exports dropped sharply to $X in 2022. Overall, total exports indicated a tangible 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, exports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X tons), Germany (X tons) and Taiwan (Chinese) (X tons) were the main destinations of onion and shallot exports from New Zealand, with a combined X% share of total exports. Japan, Malaysia, Fiji, the Netherlands, France, Hong Kong SAR, Papua New Guinea, Spain, Norway and Belgium 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 shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for onion and shallot exported from New Zealand were Indonesia ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined X% share of total exports. Germany, Fiji, Malaysia, France, the Netherlands, Papua New Guinea, Hong Kong SAR, Spain, Norway and Belgium lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Spain, 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

In 2022, the average onion and shallot export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated a measured increase 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. Based on 2022 figures, onion and shallot export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to the Netherlands ($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 Fiji (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into New Zealand

In 2022, after three years of decline, there was significant growth in overseas purchases of onion and shallot, when their volume increased by X% to X tons. Over the period under review, imports enjoyed prominent growth. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, onion and shallot imports soared to $X in 2022. Overall, imports continue to indicate a strong increase. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main supplier of onion and shallot to New Zealand, accounting for a X% share of total imports. Moreover, onion and shallot imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of onion and shallot to New Zealand, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%.

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. Overall, the import price recorded a strong expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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