Austria: Onion And Shallot Market 2024

Onion And Shallot Market Size in Austria

The Austrian onion and shallot market contracted to $X in 2022, which is down by -10% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -26.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Onion And Shallot Production in Austria

In value terms, onion and shallot production fell to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 97%. Onion and shallot production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of onions and shallots in Austria contracted modestly to X tons per ha in 2022, which is down by -3.7% compared with 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by 35%. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average onion and shallot yield remained at a somewhat lower figure. 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 Austria reduced slightly to X ha, approximately reflecting the previous year's figure. The harvested area increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2019 with an increase of 6.4%. Over the period under review, the harvested area dedicated to onion and shallot production attained the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Onion And Shallot Exports

Exports from Austria

After two years of growth, overseas shipments of onions and shallots decreased by -5.3% to X tons in 2022. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 +58.0% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 39% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, onion and shallot exports rose significantly to $X in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +31.4% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 107% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Exports by Country

Romania (X tons), Hungary (X tons) and Croatia (X tons) were the main destinations of onion and shallot exports from Austria, with a combined 44% share of total exports. Italy, Slovakia, the Czech Republic, Greece, Slovenia, Germany and Poland lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +35.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for onion and shallot exported from Austria were Hungary ($X), Romania ($X) and Italy ($X), with a combined 44% share of total exports. Croatia, Slovakia, Slovenia, Germany, the Czech Republic, Greece and Poland lagged somewhat behind, together comprising a further 50%.

Among the main countries of destination, Poland, with a CAGR of +34.9%, saw the highest growth rate of 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 average onion and shallot export price amounted to $X per ton, with an increase of 16% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot export price increased by +19.2% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 49%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Greece ($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 the Czech Republic (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Austria

Onion and shallot imports into Austria fell dramatically to X tons in 2022, waning by -29.5% on the year before. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 42%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, onion and shallot imports reduced dramatically to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 41%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of onion and shallot imports to Austria, together comprising 79% of total imports. Turkey, Spain, Belgium, Slovakia, Egypt and Poland lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +35.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) constituted the largest onion and shallot suppliers to Austria, with a combined 83% share of total imports. Spain, Belgium, Turkey, Slovakia, Egypt and Poland lagged somewhat behind, together accounting for a further 13%.

In terms of the main suppliers, Turkey, with a CAGR of +36.8%, saw 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

The average onion and shallot import price stood at $X per ton in 2022, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth was the most pronounced in 2016 when the average import price increased by 18%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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