Spain: Onion And Shallot Market 2024

Onion And Shallot Market Size in Spain

The Spanish onion and shallot market dropped to $X in 2022, with a decrease of X% against the previous year. The market 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. Onion and shallot consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Onion And Shallot Production in Spain

In value terms, onion and shallot production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Onion and shallot production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of onion and shallot in Spain contracted to X tons per ha in 2022, approximately reflecting the previous year's figure. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 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 2017 to 2022, the growth of the average onion and shallot 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 total area harvested in terms of onion and shallot production in Spain shrank modestly to X ha, flattening at the previous year's figure. 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 only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The onion and shallot harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Onion And Shallot Exports

Exports from Spain

In 2022, shipments abroad of onion and shallot decreased by X% to X tons, falling for the third year in a row after two years of growth. The total export volume increased at an average annual rate of X% 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 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, onion and shallot exports rose notably to $X in 2022. In general, total exports indicated a remarkable 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the UK (X tons) and Portugal (X tons) were the main destinations of onion and shallot exports from Spain, with a combined X% share of total exports. France, the Netherlands, Ireland, Belgium, the United Arab Emirates, Brazil, Canada, Panama, the United States and Italy lagged somewhat behind, together accounting for 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 Canada (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Portugal ($X) were the largest markets for onion and shallot exported from Spain worldwide, together comprising X% of total exports. France, the Netherlands, the United Arab Emirates, Belgium, Ireland, Brazil, the United States, Panama, Canada and Italy lagged somewhat behind, together accounting for a further X%.

Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The average onion and shallot export price stood at $X per ton in 2022, growing 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% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

Onion And Shallot Imports

Imports into Spain

In 2022, supplies from abroad of onion and shallot decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced markedly in the following year.

In value terms, onion and shallot imports shrank to $X in 2022. Overall, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Peru (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of onion and shallot imports to Spain, with a combined X% share of total imports. Portugal, Chile, Senegal, New Zealand and Australia lagged somewhat behind, together accounting for a further X%.

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

In value terms, Peru ($X) constituted the largest supplier of onion and shallot to Spain, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Chile, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Chile (X% per year).

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, growing 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 2019 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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