Asia: Onion And Shallot Market 2025

Onion And Shallot Market Size in Asia

After five years of growth, the Asian onion and shallot market decreased by -1.2% to $X in 2022. The market value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then declined modestly in the following year.

Onion And Shallot Production in Asia

In value terms, onion and shallot production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 26% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were India (X tons), China (X tons) and Turkey (X tons), with a combined 74% share of total production. Pakistan, Iran, Bangladesh, Indonesia, Japan, South Korea, Uzbekistan and Myanmar lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +7.1%), while production for the other leaders experienced more modest paces of growth.

The average onion and shallot yield expanded modestly to X tons per ha in 2022, increasing by 1.8% on the year before. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 3.2% against the previous year. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the 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 2022, the harvested area of onions and shallots in Asia reduced modestly to X ha, which is down by -2.8% on the year before. The harvested area increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when the harvested area increased by 7.9% against the previous year. The level of harvested area peaked at X ha in 2021, and then declined modestly in the following year.

Onion And Shallot Exports

Exports in Asia

In 2022, the amount of onions and shallots exported in Asia soared to X tons, growing by 17% compared with the previous year. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 54% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, onion and shallot exports expanded notably to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +5.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 60% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, India (X tons) was the main exporter of onions and shallots, creating 49% of total exports. It was distantly followed by China (X tons) and Uzbekistan (X tons), together generating a 24% share of total exports. Turkey (X tons), Afghanistan (X tons), Pakistan (X tons), Yemen (X tons), Kazakhstan (X tons), Myanmar (X tons), Iran (X tons) and Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to onion and shallot exports from India stood at +3.4%. At the same time, Uzbekistan (+48.9%), Myanmar (+35.7%), Afghanistan (+16.1%), Pakistan (+12.9%), Iran (+12.3%), Kazakhstan (+7.1%), Turkey (+3.1%), China (+3.0%), Tajikistan (+2.9%) and Yemen (+2.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +48.9% from 2012-2022. Uzbekistan (+4.6 p.p.), Afghanistan (+2.8 p.p.), Myanmar (+2.4 p.p.) and Pakistan (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while China and India saw its share reduced by -2.6% and -4.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), India ($X) and Pakistan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 78% share of total exports. Yemen, Afghanistan, Myanmar, Uzbekistan, Turkey, Iran, Kazakhstan and Tajikistan lagged somewhat behind, together comprising a further 16%.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +46.4%, recorded 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

In 2022, the export price in Asia amounted to $X per ton, declining by -7.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. The level of export peaked at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.8%), while the other leaders experienced more modest paces of growth.

Onion And Shallot Imports

Imports in Asia

In 2022, imports of onions and shallots in Asia expanded notably to X tons, picking up by 7.3% on 2021. The total import volume increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 41% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, onion and shallot imports rose slightly to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 41%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Bangladesh (X tons), Malaysia (X tons) and Pakistan (X tons) was the major importer of onions and shallots in Asia, creating 42% of total import. It was distantly followed by the United Arab Emirates (X tons), Japan (X tons), Sri Lanka (X tons), Kazakhstan (X tons) and Indonesia (X tons), together comprising a 32% share of total imports. Nepal (X tons), Kuwait (X tons), South Korea (X tons), Taiwan (Chinese) (X tons) and Singapore (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of +36.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest onion and shallot importing markets in Asia were Malaysia ($X), Japan ($X) and Bangladesh ($X), with a combined 43% share of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of +28.7%, recorded the highest rates of growth with regard to 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 2022, the import price in Asia amounted to $X per ton, waning by -3.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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