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Saudi Arabia - Onion and Shallot - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Onion And Shallot Market 2024
Onion And Shallot Market Size in Saudi Arabia
The Saudi onion and shallot market skyrocketed to $X in 2023, growing by X% against the previous year. In general, consumption continues to indicate a notable increase. Onion and shallot consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Onion And Shallot Production in Saudi Arabia
In value terms, onion and shallot production expanded to $X in 2023 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Onion and shallot production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
In 2023, the average onion and shallot yield in Saudi Arabia declined modestly to X tons per ha, waning by X% against the previous year's figure. Overall, the yield indicated a temperate increase from 2012 to 2023: its figure 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, onion and shallot yield increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. The onion and shallot yield peaked at X tons per ha in 2022, and then declined slightly in the following year. 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 Saudi Arabia; approximately mirroring the previous year. Over the period under review, the harvested area, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the harvested area dedicated to onion and shallot production attained the maximum at X ha in 2022, and then fell in the following year.
Onion And Shallot Exports
Exports from Saudi Arabia
Onion and shallot exports from Saudi Arabia skyrocketed to X tons in 2023, rising by X% against 2022. Overall, exports, however, faced a precipitous shrinkage. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, onion and shallot exports totaled $X in 2023. Over the period under review, exports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
Exports by Country
Kuwait (X tons) was the main destination for onion and shallot exports from Saudi Arabia, with a X% share of total exports. Moreover, onion and shallot exports to Kuwait exceeded the volume sent to the second major destination, Germany (X tons), threefold.
From 2012 to 2022, the average annual growth rate of volume to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Oman (X% per year).
In value terms, Kuwait ($X) emerged as the key foreign market for onion and shallot exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Oman (X% per year).
Export Prices by Country
In 2022, the average onion and shallot export price amounted to $X per ton, growing by X% against the previous year. In general, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Kuwait ($X 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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.
Onion And Shallot Imports
Imports into Saudi Arabia
In 2023, approx. X tons of onion and shallot were imported into Saudi Arabia; approximately mirroring 2022 figures. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
In value terms, onion and shallot imports amounted to $X in 2023. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2023, imports remained at a lower figure.
Imports by Country
Egypt (X tons), Yemen (X tons) and India (X tons) were the main suppliers of onion and shallot imports to Saudi Arabia, with a combined X% share of total imports. Spain lagged somewhat behind, accounting for a further X%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest onion and shallot suppliers to Saudi Arabia were Egypt ($X), Yemen ($X) and India ($X), together accounting for X% of total imports. Spain lagged somewhat behind, accounting for a further X%.
Among the main suppliers, Spain, 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
The average onion and shallot import price stood at less than $X per ton in 2022, reducing by X% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the onion and shallot market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 402 - Onions, shallots (green)
- FCL 403 - Onions, dry
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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