Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland - 2023
Contents:
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland (CIF) - 2023
- Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland (FOB) - 2022
- Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland
- Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland (CIF) - 2023
In September 2023, the average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $1,797 per ton, picking up by 6.2% against the previous month. Over the period under review, import price indicated a buoyant increase from October 2022 to September 2023: its price increased at an average monthly rate of +8.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds increased by +27.6% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 56% m-o-m. The import price peaked in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($3,881 per ton), while the price for Poland ($1,135 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland (FOB) - 2022
The average export price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds stood at $2,302 per ton in 2022, falling by -17.6% against the previous year. In general, the export price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. The export price peaked at $3,239 per ton in 2019; however, from 2020 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 Estonia ($3,527 per ton), while the average price for exports to Sweden stood at $1,900 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland
In 2022, approx. 13K tons of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds were imported into Finland; waning by -25.6% against the previous year. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.
In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds dropped sharply to $17M in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 12.3 | 9.5 | 11.5 | 11.3 | -2.8% |
Spain | 3.0 | 3.8 | 4.0 | 2.2 | -9.8% |
China | 1.0 | 1.2 | 1.3 | 1.1 | 3.2% |
Poland | N/A | N/A | 0.4 | 0.6 | 50.0% |
Egypt | 0.5 | 0.2 | 0.2 | 0.3 | -15.7% |
Germany | 1.4 | 1.2 | 1.1 | 0.3 | -40.2% |
New Zealand | 0.9 | 0.8 | 0.3 | N/A | -42.3% |
Others | 1.9 | 1.1 | 1.7 | 1.3 | -11.9% |
Total | 21.0 | 17.8 | 20.6 | 17.1 | -6.6% |
Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to Finland in 2022:
- Netherlands (10.0K tons)
- Spain (0.8K tons)
- Poland (0.7K tons)
- Germany (0.3K tons)
- Egypt (0.2K tons)
- China (0.2K tons)
Exports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland
In 2022, the amount of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds exported from Finland skyrocketed to 83 tons, growing by 273% on the previous year. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds soared to $191K in 2022. Overall, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 0.3 | 0.1 | 0.1 | 118 | 632.7% |
Estonia | 103 | 113 | 58.8 | 72.1 | -11.2% |
Latvia | 2.2 | 21.2 | 3.0 | N/A | 16.8% |
Others | 22.5 | 0.1 | 0.1 | N/A | -93.3% |
Total | 128 | 134 | 62.0 | 191 | 14.3% |
Top Export Markets for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled from Finland in 2022:
- Sweden (62.3 tons)
- Estonia (20.4 tons)
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This report provides an in-depth analysis of the onion and shallot market in Finland.
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