Italy: Onion And Shallot Market 2024

Onion And Shallot Market Size in Italy

In 2023, the Italian onion and shallot market was finally on the rise to reach $X after three years of decline. In general, consumption saw a prominent expansion. Onion and shallot consumption peaked in 2023 and is expected to retain growth in the near future.

Onion And Shallot Production in Italy

In value terms, onion and shallot production surged to $X in 2023 estimated in export price. Overall, production posted resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Onion and shallot production peaked in 2023 and is likely to continue growth in the near future.

In 2023, the average onion and shallot yield in Italy was estimated at X tons per ha, rising by X% against the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. The onion and shallot yield peaked at X tons per ha in 2020; however, from 2021 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of onion and shallot were harvested in Italy; approximately equating 2022. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2020 to 2023, the growth of the onion and shallot harvested area remained at a somewhat lower figure.

Onion And Shallot Exports

Exports from Italy

In 2023, onion and shallot exports from Italy reduced modestly to X tons, waning by X% compared with the year before. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, onion and shallot exports skyrocketed to $X in 2023. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and Austria (X tons) were the main destinations of onion and shallot exports from Italy, together accounting for X% of total exports. Switzerland, Senegal, Croatia, Slovenia, the Czech Republic, the UK, Poland, Hungary, Malta and Cyprus lagged somewhat behind, together accounting for a further X%.

From 2015 to 2023, the biggest increases were recorded for Senegal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for onion and shallot exports from Italy, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2015 to 2023, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Austria (X% per year).

Export Prices by Country

The average onion and shallot export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, export price indicated strong growth from 2015 to 2023: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2015 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Italy

In 2023, after three years of decline, there was significant growth in overseas purchases of onion and shallot, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a perceptible downturn. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, onion and shallot imports surged to $X in 2023. In general, imports recorded measured growth. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Egypt (X tons) and Austria (X tons) were the main suppliers of onion and shallot imports to Italy, with a combined X% share of total imports.

From 2015 to 2023, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Egypt ($X) and France ($X) constituted the largest onion and shallot suppliers to Italy, with a combined X% share of total imports. Germany, Austria, Spain and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Austria, with a CAGR of X%, recorded 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

In 2023, the average onion and shallot import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated prominent growth from 2015 to 2023: its price increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, onion and shallot import price increased by X% against 2019 indices. As a result, import 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 supplying countries. In 2023, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2015 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform