Portugal: Onion And Shallot Market 2024

Onion And Shallot Market Size in Portugal

The Portuguese onion and shallot market reduced to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption, however, recorded a pronounced slump. Onion and shallot consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Onion And Shallot Production in Portugal

In value terms, onion and shallot production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Onion and shallot production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of onion and shallot in Portugal amounted to X tons per ha in 2022, approximately reflecting the year before. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X% against the previous year. The onion and shallot yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood 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.

In 2022, the total area harvested in terms of onion and shallot production in Portugal totaled X ha, leveling off at 2021 figures. In general, the harvested area, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2014 with an increase of X%. The onion and shallot harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Onion And Shallot Exports

Exports from Portugal

In 2022, exports of onion and shallot from Portugal soared to X tons, rising by X% on the previous year's figure. Over the period under review, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, onion and shallot exports declined modestly to $X in 2022. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Spain (X tons) was the main destination for onion and shallot exports from Portugal, accounting for a X% share of total exports. Moreover, onion and shallot exports to Spain exceeded the volume sent to the second major destination, Cabo Verde (X tons), tenfold. The third position in this ranking was taken by France (X tons), with a X% share.

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

In value terms, Spain ($X) remains the key foreign market for onion and shallot exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Cabo Verde ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (X% per year) and France (X% per year).

Export Prices by Country

The average onion and shallot export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a perceptible setback. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Onion And Shallot Imports

Imports into Portugal

For the eighth year in a row, Portugal recorded growth in supplies from abroad of onion and shallot, which increased by X% to X tons in 2022. In general, total imports indicated a remarkable increase 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 2013 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, onion and shallot imports expanded markedly to $X in 2022. Over the period under review, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of onion and shallot to Portugal, with a X% share of total imports. Moreover, onion and shallot imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Spain 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, Spain ($X) constituted the largest supplier of onion and shallot to Portugal, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

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 period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :