Onion Price in New Zealand - 2024
Contents:
- Onion Price in New Zealand (FOB) - 2024
- Onion Price in New Zealand (CIF) - 2022
- Onion Exports in New Zealand
- Onion Imports in New Zealand
Onion Price in New Zealand (FOB) - 2024
In April 2024, the average onion export price amounted to $673 per ton, shrinking by -5.3% against the previous month. Over the period under review, the export price recorded a mild contraction. The pace of growth was the most pronounced in November 2023 when the average export price increased by 14% against the previous month. As a result, the export price attained the peak level of $979 per ton. From December 2023 to April 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($966 per ton), while the average price for exports to the United States ($452 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Price in New Zealand (CIF) - 2022
The average onion import price stood at $1,831 per ton in 2022, with an increase of 26% against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 73%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,844 per ton), while the price for China totaled $835 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Onion Exports in New Zealand
In 2022, shipments abroad of onions (dry) decreased by -28.4% to 145K tons, falling for the second year in a row after two years of growth. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 202K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, onion exports declined rapidly to $80M in 2022. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 5.8% against the previous year.
| Export of Onion in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 18.4 | 20.7 | 22.3 | 19.8 | 2.5% |
| Taiwan (Chinese) | 3.6 | 4.7 | 7.1 | 11.8 | 48.5% |
| Japan | 3.7 | 2.9 | 3.3 | 9.5 | 36.9% |
| Germany | 12.9 | 15.4 | 13.9 | 8.1 | -14.4% |
| Fiji | 6.2 | 4.9 | 5.2 | 6.4 | 1.1% |
| Malaysia | 5.8 | 8.2 | 9.3 | 5.0 | -4.8% |
| France | 6.3 | 4.2 | 4.8 | 3.1 | -21.1% |
| Netherlands | 22.6 | 13.1 | 7.6 | 2.4 | -52.6% |
| Papua New Guinea | 1.3 | 1.4 | 1.5 | 1.5 | 4.9% |
| Hong Kong SAR | 1.0 | 1.7 | 1.6 | 1.5 | 14.5% |
| Norway | 3.3 | 1.2 | 1.7 | 1.4 | -24.9% |
| Spain | 3.4 | 2.3 | 4.4 | 1.4 | -25.6% |
| United Kingdom | 11.7 | 4.4 | 6.4 | 0.8 | -59.1% |
| Others | 13.9 | 10.9 | 12.5 | 7.6 | -18.2% |
| Total | 114 | 96.0 | 102 | 80.3 | -11.0% |
Top Export Markets for Onion from New Zealand in 2022:
- Indonesia (34.0K tons)
- Germany (19.1K tons)
- Taiwan (Chinese) (18.0K tons)
- Japan (15.7K tons)
- Malaysia (12.0K tons)
- Fiji (8.9K tons)
- Netherlands (6.5K tons)
- France (6.2K tons)
- Papua New Guinea (2.6K tons)
- Hong Kong SAR (2.6K tons)
- Spain (2.6K tons)
- Norway (2.4K tons)
- United Kingdom (1.0K tons)
Onion Imports in New Zealand
In 2022, supplies from abroad of onions (dry) increased by 878% to 985 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt shrinkage.
In value terms, onion imports surged to $1.8M in 2022. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Onion in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,011 | 312 | 143 | 1,711 | 19.2% |
| China | 98.9 | 32.9 | N/A | 35.1 | -29.2% |
| Australia | 21.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.8 | 3.1 | 57.3 | 464.2% |
| Total | 1,132 | 347 | 147 | 1,804 | 16.8% |
Top Suppliers of Onion to New Zealand in 2022:
- United States (928.0 tons)
- China (42.0 tons)
594
This report provides an in-depth analysis of the onion and shallot market in New Zealand.
666
This report provides an in-depth analysis of the garlic market in New Zealand.
517
This report provides an in-depth analysis of the leek market in New Zealand.
3080
This report provides an in-depth analysis of the global onion and shallot market.
15564
This report provides an in-depth analysis of the global garlic market.
2196
This report provides an in-depth analysis of the global leek market.
594
This report provides an in-depth analysis of the onion and shallot market in New Zealand.
666
This report provides an in-depth analysis of the garlic market in New Zealand.
517
This report provides an in-depth analysis of the leek market in New Zealand.
3080
This report provides an in-depth analysis of the global onion and shallot market.
103
Discover the projected growth of the global onion and shallot market, with an expected increase in market volume to 136M tons and value to $77B by the end of 2030.
4627
Global dry onion consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
2343
In 2015, the countries with the highest levels of dry onion production were China (X thousand tons), India (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
2254
Global dry onion consumption stood at X tons in 2016, undergoing a measured upward trend with an annual average growth rate of +X% from 2007 to 2016.
1919
With a surge of exports in 2014, India seized control of the dry onion market. India exported X thousand tons of dry onion last year totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X.
349
Explore the top import markets for garlic in the world and the countries with the highest import values for this aromatic ingredient. Learn about the demand, trends, and key statistics.
1179
Global garlic imports rose by 13% to 2.5M tons in 2020, boosted by the increased popularity of home cooking and a widespread reputation that the product helps to strengthen immunity. Indonesia remains the largest global importer, followed by Vietnam and Malaysia. China dominates global garlic exports, supplying 89% of the total volume. Chinese manufacturers managed to ramp up exports which led to a drop in prices.
2236
The global garlic consumption stood at $X in 2016, which was +X% more than the year before. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be incl
45731
Global garlic consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
3191
Global garlic exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
