Onion Price in Slovenia - 2024
Contents:
- Onion Price in Slovenia (CIF) - 2024
- Onion Price in Slovenia (FOB) - 2022
- Onion Imports in Slovenia
- Onion Exports in Slovenia
Onion Price in Slovenia (CIF) - 2024
The average onion import price stood at $1,888 per ton in March 2024, picking up by 3.6% against the previous month. In general, the import price posted a prominent expansion. The pace of growth was the most pronounced in November 2023 when the average import price increased by 68% month-to-month. The import price peaked in March 2024.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From March 2023 to March 2024, the rate of growth in terms of prices for Egypt amounted to +7.4% per month.
Onion Price in Slovenia (FOB) - 2022
The average onion export price stood at $898 per ton in 2022, with a decrease of -8.2% against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 104%. As a result, the export price reached the peak level of $979 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,106 per ton), while the average price for exports to Bosnia and Herzegovina ($178 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 Croatia (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Imports in Slovenia
Onion imports into Slovenia contracted to 14K tons in 2022, waning by -6.1% on the previous year's figure. Over the period under review, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 12%.
In value terms, onion imports expanded significantly to $12M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Onion in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1.6 | 1.1 | 4.4 | 5.8 | 53.6% |
| Italy | 1.6 | 1.5 | 1.9 | 1.7 | 2.0% |
| Austria | 3.4 | 2.3 | 1.6 | 1.7 | -20.6% |
| Netherlands | 2.6 | 2.1 | 1.6 | 1.3 | -20.6% |
| Croatia | 0.2 | 0.4 | 1.4 | 1.2 | 81.7% |
| Germany | 0.3 | 0.4 | 0.1 | 0.2 | -12.6% |
| India | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Serbia | 0.4 | 0.1 | 0.1 | N/A | -50.0% |
| Others | 1.0 | 0.7 | 0.2 | 0.1 | -53.6% |
| Total | 11.1 | 8.8 | 11.4 | 12.3 | 3.5% |
Top Suppliers of Onion to Slovenia in 2022:
- Egypt (4.2K tons)
- Austria (3.7K tons)
- Netherlands (2.4K tons)
- Italy (1.5K tons)
- Croatia (1.5K tons)
- Germany (0.4K tons)
- India (0.3K tons)
- Serbia (0.1K tons)
Onion Exports in Slovenia
In 2022, the amount of onions (dry) exported from Slovenia rose to 5.7K tons, increasing by 2.5% against 2021. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, onion exports fell slightly to $5.4M in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, the exports attained the peak of $5.4M, leveling off in the following year.
| Export of Onion in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 636 | 3,208 | 3,274 | 126.9% |
| Bosnia and Herzegovina | 297 | 437 | 420 | 402 | 10.6% |
| Poland | 62.2 | 78.4 | 85.0 | 368 | 80.9% |
| Croatia | 1,042 | 255 | 321 | 295 | -34.3% |
| Netherlands | 59.8 | 3.8 | 20.5 | 197 | 48.8% |
| Ukraine | N/A | 20.5 | 2.2 | 181 | 197.1% |
| Austria | 447 | 405 | 975 | 165 | -28.3% |
| Italy | 61.0 | 298 | 136 | 162 | 38.5% |
| Montenegro | 16.8 | 35.8 | 49.4 | 55.0 | 48.5% |
| Serbia | 60.2 | 262 | 36.8 | 11.8 | -41.9% |
| Others | 98.7 | 127 | 140 | 260 | 38.1% |
| Total | 2,145 | 2,557 | 5,394 | 5,372 | 35.8% |
Top Export Markets for Onion from Slovenia in 2022:
- Bosnia and Herzegovina (2254.4 tons)
- Germany (1554.7 tons)
- Croatia (325.3 tons)
- Italy (308.9 tons)
- Poland (274.9 tons)
- Ukraine (207.7 tons)
- Netherlands (164.9 tons)
- Montenegro (135.1 tons)
- Austria (130.8 tons)
- Serbia (18.3 tons)
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