Onion Price in Belarus - 2022
Contents:
- Onion Price in Belarus (CIF) - 2022
- Onion Price in Belarus (FOB) - 2022
- Onion Imports in Belarus
- Onion Exports in Belarus
Onion Price in Belarus (CIF) - 2022
The average onion import price stood at $536 per ton in March 2022, approximately mirroring the previous month. Over the period under review, the import price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in January 2022 an increase of 65% against the previous month. Over the period under review, average import prices attained the maximum at $882 per ton in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Uzbekistan ($2,500 per ton), while the price for Kazakhstan ($147 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Price in Belarus (FOB) - 2022
In 2022, the average onion export price amounted to $336 per ton, growing by 35% against the previous year. In general, the export price recorded a strong increase. The growth pace was the most rapid in 2013 when the average export price increased by 88%. As a result, the export price attained the peak level of $347 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($577 per ton), while the average price for exports to Ukraine ($196 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 Poland (+21.7%), while the prices for the other major destinations experienced mixed trend patterns.
Onion Imports in Belarus
For the third year in a row, Belarus recorded decline in overseas purchases of onions (dry), which decreased by -35.2% to 7.4K tons in 2022. Over the period under review, imports showed a significant decline. The smallest decline of -19.9% was in 2021.
In value terms, onion imports reduced rapidly to $3.9M in 2022. In general, imports saw a deep reduction. The smallest decline of -4% was in 2020.
| Import of Onion in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,039 | 3,802 | 2,264 | 1,630 | -7.2% |
| Russia | 1,243 | 309 | 758 | 498 | -26.3% |
| Ukraine | 346 | 533 | 705 | 454 | 9.5% |
| Kazakhstan | 1,290 | 530 | 126 | 415 | -31.5% |
| Uzbekistan | 842 | 602 | 519 | 409 | -21.4% |
| Poland | 140 | 344 | 42.4 | 103 | -9.7% |
| Kyrgyzstan | 248 | 48.2 | 24.8 | 70.2 | -34.3% |
| Others | 770 | 472 | 403 | 308 | -26.3% |
| Total | 6,918 | 6,640 | 4,843 | 3,887 | -17.5% |
Top Suppliers of Onion to Belarus in 2022:
- Kazakhstan (2425.4 tons)
- Russia (1621.0 tons)
- Netherlands (1187.1 tons)
- Ukraine (866.7 tons)
- Uzbekistan (779.3 tons)
- Kyrgyzstan (219.2 tons)
- Poland (106.2 tons)
Onion Exports in Belarus
In 2022, approx. 229 tons of onions (dry) were exported from Belarus; with a decrease of -83.5% on 2021 figures. Over the period under review, exports showed a precipitous setback. The smallest decline of -45.4% was in 2020.
In value terms, onion exports contracted remarkably to $77K in 2022. Overall, exports faced a sharp slump. The smallest decline of -37.6% was in 2021.
| Export of Onion in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 692 | 52.3 | 26.2 | 46.5 | -59.3% |
| Ukraine | 228 | 108 | 39.2 | 17.2 | -57.7% |
| Russia | 66.0 | 169 | 281 | 13.3 | -41.4% |
| Moldova | 30.2 | 97.6 | N/A | N/A | 223.2% |
| Serbia | 64.7 | 8.8 | N/A | N/A | -86.4% |
| Romania | 38.8 | 93.8 | N/A | N/A | 141.8% |
| Others | 43.7 | 25.3 | N/A | N/A | -42.1% |
| Total | 1,164 | 555 | 346 | 77.0 | -59.6% |
Top Export Markets for Onion from Belarus in 2022:
- Poland (118.5 tons)
- Ukraine (87.9 tons)
- Russia (23.1 tons)
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