Onion Price in Bolivia - 2024
Contents:
Onion Price in Bolivia (CIF) - 2022
In 2022, the average onion import price amounted to $536 per ton, rising by 275% against the previous year. In general, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($695 per ton), while the price for Peru amounted to $536 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+28.4%).
Onion Imports in Bolivia
In 2022, approx. 1.1K tons of onions (dry) were imported into Bolivia; which is down by -88.4% on 2021 figures. Overall, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 374%. As a result, imports reached the peak of 9.3K tons, and then fell rapidly in the following year.
In value terms, onion imports plummeted to $583K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 617%. As a result, imports attained the peak of $1.3M, and then shrank significantly in the following year.
| Import of Onion in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 125 | 185 | 1,324 | 557 | 64.6% |
| United States | N/A | N/A | N/A | 26.2 | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 125 | 185 | 1,324 | 583 | 67.1% |
Top Suppliers of Onion to Bolivia in 2022:
- Peru (1039.4 tons)
- United States (37.7 tons)
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