Bhutan: Dry Onion Market 2020

Dry Onion Market Size in Bhutan

The revenue of the dry onion market in Bhutan amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, dry onion consumption, however, continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, the dry onion market attained its peak level of $X. From 2009 to 2018, the growth of the dry onion market remained at a lower figure.

Dry Onion Production in Bhutan

In value terms, dry onion production amounted to $X in 2018 estimated in export prices. Overall, dry onion production continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Bhutan dry onion production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Average yield of dry onions in Bhutan amounted to X ton per ha in 2018, remaining relatively unchanged against the previous year. Over the period under review, the dry onion yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The global dry onion yield peaked in 2018 and is likely to continue its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of dry onions were harvested in Bhutan; shrinking by -X% against the previous year. Over the period under review, the dry onion harvested area continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The global dry onion harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area failed to regain its momentum.

Dry Onion Exports

Exports from Bhutan

In 2018, the dry onion exports from Bhutan amounted to X kg, falling by -X% against the previous year. Over the period under review, dry onion exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2008 with a decrease of -X% y-o-y. Bhutan exports peaked at X kg in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, dry onion exports amounted to $X in 2018. In general, dry onion exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2008 with a decrease of -X% year-to-year. Bhutan exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

India (X tons) and the Netherlands (X tons) represented the main exporters of dry onions in 2018, finishing at near X% and X% of total exports, respectively. China (X tons) ranks next in terms of the total exports with a X% share, followed by Spain (X%), Mexico (X%) and Egypt (X%). The U.S. (X tons), Turkey (X tons), New Zealand (X tons), Peru (X tons) and Poland (X tons) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Peru, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Among the main exporting countries, China recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the dry onion export price in Bhutan amounted to $X per ton, stabilizing at the previous year. In general, the dry onion export price continues to indicate a drastic shrinkage. Over the period under review, the export prices for dry onions attained their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Dry Onion Imports

Imports into Bhutan

In 2018, the amount of dry onions imported into Bhutan totaled X tons, dropping by -X% against the previous year. Overall, dry onion imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Bhutan imports peaked at X tons in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, dry onion imports amounted to $X in 2018. Over the period under review, dry onion imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, dry onion imports attained their maximum in 2018 and are likely to continue its growth in the near future.

Imports by Country

The imports of the twelve major importers of dry onions, namely the U.S., Malaysia, the UK, Saudi Arabia, the United Arab Emirates, Russia, Japan, Sri Lanka, the Netherlands, Bangladesh, Germany and South Korea, represented more than half of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea, while the other leaders experienced more modest paces of growth.

In value terms, the largest dry onion importing markets into Bhutan were the U.S. ($X), the UK ($X) and Malaysia ($X), together comprising X% of total imports. Germany, Russia, Japan, the Netherlands, Saudi Arabia, the United Arab Emirates, Sri Lanka, Bangladesh, South Korea and Bhutan lagged somewhat behind, together accounting for a further X terms of the main importing countries, South Korea recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the dry onion import price in Bhutan amounted to $X per ton, picking up by X% against the previous year. In general, the dry onion import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, the import prices for dry onions reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform