Onion Price in Sweden - 2024
Contents:
- Onion Price in Sweden (CIF) - 2022
- Onion Price in Sweden (FOB) - 2022
- Onion Imports in Sweden
- Onion Exports in Sweden
Onion Price in Sweden (CIF) - 2022
In 2022, the average onion import price amounted to $889 per ton, falling by -17.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 an increase of 41% against the previous year. The import price peaked at $1,077 per ton in 2021, and then contracted rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,154 per ton), while the price for Denmark ($578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Price in Sweden (FOB) - 2022
In 2022, the average onion export price amounted to $2,487 per ton, with an increase of 24% against the previous year. Over the period under review, the export price enjoyed a modest increase. The most prominent rate of growth was recorded in 2020 an increase of 194%. The export price peaked at $3,356 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($3,269 per ton), while the average price for exports to Norway ($1,343 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 Germany (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Onion Imports in Sweden
In 2022, supplies from abroad of onions (dry) increased by 36% to 29K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, onion imports reached $26M in 2022. In general, imports, however, continue to indicate a slight decrease.
Import of Onion in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 13.8 | 10.8 | 9.9 | 12.3 | -3.8% |
Denmark | 2.2 | 2.6 | 3.3 | 3.6 | 17.8% |
Spain | 4.4 | 3.1 | 3.4 | 3.4 | -8.2% |
Germany | 2.1 | 1.9 | 2.1 | 2.0 | -1.6% |
France | 0.8 | 0.9 | 1.6 | 1.3 | 17.6% |
Italy | 0.8 | 0.9 | 1.1 | 0.9 | 4.0% |
Poland | N/A | N/A | 0.1 | 0.7 | 600.0% |
Egypt | 0.9 | N/A | 0.2 | 0.2 | -39.4% |
New Zealand | 1.1 | 0.5 | 0.3 | 0.1 | -55.0% |
Others | 0.6 | 0.5 | 0.5 | 1.1 | 22.4% |
Total | 26.7 | 21.2 | 22.6 | 25.7 | -1.3% |
Top Suppliers of Onion to Sweden in 2022:
- Netherlands (15.1K tons)
- Denmark (6.3K tons)
- Spain (2.5K tons)
- Germany (1.0K tons)
- Poland (0.8K tons)
- Italy (0.7K tons)
- France (0.6K tons)
- Egypt (0.4K tons)
- New Zealand (0.1K tons)
Onion Exports in Sweden
In 2022, onion exports from Sweden expanded modestly to 429 tons, picking up by 1.5% against 2021 figures. Over the period under review, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year.
In value terms, onion exports surged to $1.1M in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Onion in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 288 | 209 | 578 | 830 | 42.3% |
Finland | 134 | 236 | 119 | 138 | 1.0% |
Norway | 47.0 | 48.3 | 80.6 | 70.2 | 14.3% |
Germany | 11.8 | 31.9 | 23.7 | 5.9 | -20.6% |
Latvia | 59.2 | 7.9 | N/A | N/A | -86.7% |
Estonia | 11.9 | N/A | N/A | N/A | 0% |
Netherlands | N/A | N/A | 26.2 | N/A | 0% |
Others | 53.6 | 18.5 | 18.7 | 23.5 | -24.0% |
Total | 605 | 552 | 846 | 1,068 | 20.9% |
Top Export Markets for Onion from Sweden in 2022:
- Denmark (317.5 tons)
- Norway (52.2 tons)
- Finland (42.4 tons)
- Germany (3.8 tons)
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