EU: Onion And Shallot Market 2024

Onion And Shallot Market Size in the EU

The EU onion and shallot market surged to $X in 2023, with an increase of X% against the previous year. The total consumption indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level in 2023 and is expected to retain growth in the immediate term.

Onion And Shallot Production in the EU

In value terms, onion and shallot production surged to $X in 2023 estimated in export price. The total production indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The countries with the highest volumes of production in 2023 were the Netherlands (X tons), Spain (X tons) and France (X tons), with a combined X% share of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by France (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2023, the average yield of onion and shallot in the European Union shrank to X tons per ha, waning by X% on the year before. Overall, the yield showed a mild curtailment. The pace of growth was the most pronounced in 2013 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2023, the growth of the onion and shallot yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of onion and shallot in the European Union expanded rapidly to X ha, picking up by X% compared with 2022 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. Over the period under review, the harvested area dedicated to onion and shallot production reached the peak figure at X ha in 2021; however, from 2022 to 2023, the harvested area stood at a somewhat lower figure.

Onion And Shallot Exports

Exports in the EU

In 2023, the amount of onion and shallot exported in the European Union shrank to X tons, dropping by X% compared with the previous year. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, onion and shallot exports soared to $X in 2023. Total exports indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

Exports by Country

The Netherlands was the largest exporting country with an export of around X tons, which recorded X% of total exports. Spain (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%) and France (X%). The following exporters - Austria (X tons), Germany (X tons) and Belgium (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to onion and shallot exports from the Netherlands stood at X%. Belgium (X%), Poland (X%), France (X%), Austria (X%), Spain (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest onion and shallot supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In the Netherlands, onion and shallot exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Onion And Shallot Imports

Imports in the EU

In 2023, the amount of onion and shallot imported in the European Union soared to X tons, rising by X% against the previous year's figure. Overall, imports, however, recorded a mild descent. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, onion and shallot imports surged to $X in 2023. In general, imports saw noticeable growth. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of onion and shallot, namely Poland, the Netherlands and Germany, represented more than third of total import. Spain (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Italy (X%), Belgium (X%), Portugal (X%) and the Czech Republic (X%). The following importers - Romania (X tons), Ireland (X tons), Croatia (X tons) and Greece (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Belgium, Spain, Poland, Italy, Portugal, Romania, the Czech Republic, Ireland, Croatia and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform