Thailand: Onion And Shallot Market Overview 2020

Onion And Shallot Market Size in Thailand

The revenue of the onion and shallot market in Thailand amounted to $X in 2017, going up by X% against the previous year. In general, the total market indicated a prominent growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the onion and shallot consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. Over the period under review, the onion and shallot market attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Onion And Shallot Production in Thailand

In 2017, onion and shallot production in Thailand totaled X tonnes, shrinking by -X% against the previous year. In general, onion and shallot production continues to indicate a deep setback. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. In that year, the onion and shallot production attained their peak volume of X tonnes. From 2013 to 2017, growth of the onion and shallot production stood at a somewhat lower level. Onion and shallot output in Thailand indicated a drastic contraction, which was largely conditioned by a drastic downturn of the harvested area and a relatively flat trend pattern in yield figures.

Average yield of onion and shallots (green) in Thailand totaled X tonne per ha in 2017, standing approx. at the previous year. In general, onion and shallot yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. In that year, the average onion and shallot yield attained their peak level of X tonne per ha. From 2013 to 2017, growth of the average onion and shallot yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Onion and shallot harvested area in Thailand totaled X ha in 2017, lowering by -X% against the previous year. Overall, onion and shallot harvested area continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2016, when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to onion and shallot production attained its maximum of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Onion And Shallot Exports from Thailand

In 2017, the amount of onion and shallots (green) exported from Thailand stood at X tonnes, lowering by -X% against the previous year. Overall, onion and shallot exports continue to indicate an abrupt descent. The growth pace was the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, the onion and shallot exports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, onion and shallot exports totaled $X in 2017. Overall, onion and shallot exports continue to indicate an abrupt drop. In that year, the onion and shallot exports reached their peak level of $X. From 2012 to 2017, growth of the onion and shallot exports failed to regain its momentum.

Onion And Shallot Exports by Country from Thailand

Indonesia (X tonnes), Malaysia (X tonnes) and Japan (X tonnes) were the main destinations of onion and shallot exports from Thailand, together comprising X% of total exports. These countries were followed by Singapore, South Korea and Lao People's Democratic Republic, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Lao People's Democratic Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Japan ($X) constituted the largest markets for onion and shallot exported from Thailand worldwide.

Lao People's Democratic Republic (+X% per year) recorded the highest growth rate of exports, among the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Onion And Shallot Export Prices by Country in Thailand

The average onion and shallot export price stood at $X per tonne in 2017, going up by X% against the previous year. In general, onion and shallot export price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the average export prices for onion and shallots (green) reached its maximum level in 2017, and is expected to retain its growth in the near future.

Average export prices varied somewhat for the major foreign markets. In 2017, the countries with the highest export prices were Indonesia ($X per tonne) and Singapore ($X per tonne), while average price for exports to South Korea ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Indonesia (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Onion And Shallot Imports into Thailand

In 2017, approx. X tonnes of onion and shallots (green) were imported into Thailand; approximately equating the previous year. Overall, onion and shallot imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. Over the period under review, the onion and shallot imports reached its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, onion and shallot imports stood at $X in 2017. Overall, onion and shallot imports continue to indicate a remarkable expansion. The imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Onion And Shallot Imports by Country into Thailand

In 2017, Malaysia (X tonnes) was the main onion and shallot supplier to Thailand, accounting for X% share of total imports. Moreover, onion and shallot imports from Malaysia exceeded the figures recorded by the second largest supplier, China (X tonnes), twofold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Malaysia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Indonesia (-X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of onion and shallot to Thailand, making up X% of total onion and shallot imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from Malaysia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Indonesia (+X% per year).

Onion And Shallot Import Prices by Country in Thailand

The average onion and shallot import price stood at $X per tonne in 2017, surging by X% against the previous year. Overall, the import price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the onion and shallot import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, an increase of X% against the previous year. The import price peaked in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Indonesia ($X per tonne), while prices for onion and shallot imports from India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform