Spain: Onion And Shallot Market 2024

Onion And Shallot Market Size in Spain

The Spanish onion and shallot market skyrocketed to $X in 2023, jumping by X% against the previous year. Over the period under review, consumption saw prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Onion And Shallot Production in Spain

In value terms, onion and shallot production surged to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

In 2023, the average yield of onion and shallot in Spain rose modestly to X tons per ha, with an increase of X% compared with 2022. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2017 to 2023, the growth of the average 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.

The onion and shallot harvested area in Spain rose sharply to X ha in 2023, growing by X% on the previous year's figure. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. The onion and shallot harvested area peaked at X ha in 2021; however, from 2022 to 2023, the harvested area stood at a somewhat lower figure.

Onion And Shallot Exports

Exports from Spain

In 2023, overseas shipments of onion and shallot decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, onion and shallot exports surged to $X in 2023. Overall, exports, however, enjoyed a pronounced expansion. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the UK (X tons) and Portugal (X tons) were the main destinations of onion and shallot exports from Spain, with a combined X% share of total exports. France, the Netherlands, Ireland, Italy, Belgium, the United Arab Emirates and Brazil lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), the UK ($X) and Portugal ($X) appeared to be the largest markets for onion and shallot exported from Spain worldwide, with a combined X% share of total exports. France, the Netherlands, Ireland, Belgium, Italy, the United Arab Emirates and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average onion and shallot export price stood at $X per ton in 2023, jumping by X% against the previous year. In general, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Spain

Onion and shallot imports into Spain skyrocketed to X tons in 2023, rising by X% on the year before. Over the period under review, total imports indicated measured growth from 2012 to 2023: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, onion and shallot imports surged to $X in 2023. In general, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Peru (X tons), the Netherlands (X tons) and Chile (X tons) were the main suppliers of onion and shallot imports to Spain, together comprising X% of total imports. France, Senegal, Mexico, Egypt, Portugal, New Zealand and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest onion and shallot suppliers to Spain were Peru ($X), the Netherlands ($X) and Chile ($X), with a combined X% share of total imports. France, Mexico, Senegal, New Zealand, Egypt, Portugal and Germany lagged somewhat behind, together accounting for a further X%.

Senegal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 $X per ton in 2023, rising by X% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2023: its price 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, onion and shallot import price increased by X% against 2018 indices. As a result, import price reached 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 New Zealand ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform