Onion Price in the Netherlands - 2024
Contents:
- Onion Price in the Netherlands (FOB) - 2024
- Onion Price in the Netherlands (CIF) - 2024
- Onion Exports in the Netherlands
- Onion Imports in the Netherlands
Onion Price in the Netherlands (FOB) - 2024
In March 2024, the average onion export price amounted to $722 per ton, waning by -4.2% against the previous month. Overall, the export price continues to indicate a mild descent. The pace of growth was the most pronounced in December 2023 an increase of 20% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,094 per ton in June 2023; however, from July 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was the UK ($798 per ton), while the average price for exports to Gambia ($467 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Onion Price in the Netherlands (CIF) - 2024
In March 2024, the average onion import price amounted to $1,159 per ton, with an increase of 7.6% against the previous month. In general, import price indicated a notable expansion from March 2023 to March 2024: its price increased at an average monthly rate of +4.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, onion import price increased by +24.7% against November 2023 indices. The pace of growth was the most pronounced in November 2023 when the average import price increased by 32% against the previous month. Over the period under review, average import prices attained the maximum in March 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Morocco ($2,196 per ton), while the price for China ($745 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Onion Exports in the Netherlands
Onion exports from the Netherlands was estimated at 1.7M tons in 2022, therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 1.8M tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, onion exports expanded sharply to $856M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Onion in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 96.2 | 86.4 | 82.6 | 90.6 | -2.0% |
| Germany | 108 | 86.5 | 112 | 87.8 | -6.7% |
| Senegal | 43.9 | 70.5 | 49.3 | 87.6 | 25.9% |
| Belgium | 79.0 | 68.4 | 76.1 | 58.9 | -9.3% |
| Cote d'Ivoire | 22.9 | 34.3 | 38.1 | 54.9 | 33.8% |
| Poland | 44.6 | 31.2 | 26.3 | 35.2 | -7.6% |
| Guinea | 20.7 | 23.6 | 26.1 | 33.9 | 17.9% |
| France | 30.0 | 25.9 | 29.0 | 32.3 | 2.5% |
| Malaysia | 16.8 | 32.0 | 18.6 | 29.6 | 20.8% |
| Mauritania | 12.9 | 19.9 | 20.8 | 27.3 | 28.4% |
| Indonesia | 5.6 | 10.1 | 6.8 | 19.7 | 52.1% |
| Ireland | 16.4 | 15.7 | 19.0 | 18.7 | 4.5% |
| Spain | 11.5 | 11.2 | 11.9 | 15.7 | 10.9% |
| Others | 286 | 312 | 274 | 264 | -2.6% |
| Total | 795 | 828 | 792 | 856 | 2.5% |
Top Export Markets for Onion from the Netherlands in 2022:
- Senegal (183.4K tons)
- United Kingdom (179.8K tons)
- Cote d'Ivoire (156.9K tons)
- Germany (118.5K tons)
- Poland (99.4K tons)
- Belgium (92.3K tons)
- Guinea (90.1K tons)
- Mauritania (72.8K tons)
- Malaysia (72.1K tons)
- France (68.4K tons)
- Indonesia (36.1K tons)
- Spain (32.0K tons)
- Ireland (29.3K tons)
Onion Imports in the Netherlands
In 2022, the amount of onions (dry) imported into the Netherlands contracted markedly to 220K tons, which is down by -33.3% on 2021. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, onion imports declined rapidly to $145M in 2022. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year.
| Import of Onion in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 22.0 | 21.1 | 28.0 | 28.5 | 9.0% |
| Egypt | 62.1 | 21.3 | 34.8 | 23.2 | -28.0% |
| Germany | 16.1 | 20.9 | 19.4 | 21.1 | 9.4% |
| Belgium | 16.7 | 17.1 | 24.6 | 18.7 | 3.8% |
| France | 9.5 | 6.7 | 10.9 | 13.8 | 13.3% |
| New Zealand | 18.5 | 22.0 | 18.3 | 10.2 | -18.0% |
| Spain | 22.0 | 10.5 | 11.3 | 7.4 | -30.5% |
| Others | 29.8 | 16.7 | 23.6 | 22.6 | -8.8% |
| Total | 197 | 136 | 171 | 145 | -9.7% |
Top Suppliers of Onion to the Netherlands in 2022:
- Belgium (48.4K tons)
- Egypt (43.0K tons)
- France (31.3K tons)
- Poland (27.1K tons)
- Germany (25.5K tons)
- New Zealand (17.1K tons)
- Spain (8.9K tons)
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