Brazil: Onion And Shallot Market 2024

Onion And Shallot Market Size in Brazil

The Brazilian onion and shallot market expanded slightly to $X in 2022, growing by 3.2% against the previous year. Over the period under review, consumption saw a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Onion And Shallot Production in Brazil

In value terms, onion and shallot production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 35%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of onions and shallots in Brazil declined modestly to X tons per ha in 2022, with a decrease of -2.8% compared with 2021 figures. The yield figure increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the yield increased by 13%. Over the period under review, the average onion and shallot yield hit record highs at X tons per ha in 2021, and then reduced modestly 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 2022, approx. X ha of onions and shallots were harvested in Brazil; waning by -1.7% against the previous year. Overall, the harvested area recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 3.4% against the previous year. Over the period under review, the harvested area dedicated to onion and shallot production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Onion And Shallot Exports

Exports from Brazil

Onion and shallot exports from Brazil skyrocketed to X tons in 2022, increasing by 448% against 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 1,197%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, onion and shallot exports surged to $X in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 778%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Argentina (X tons) was the main destination for onion and shallot exports from Brazil, accounting for a 81% share of total exports. Moreover, onion and shallot exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina amounted to +100.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+15.9% per year) and Uruguay (+21.0% per year).

In value terms, Argentina ($X) remains the key foreign market for onions and shallots exports from Brazil, comprising 80% of total exports. The second position in the ranking was taken by Uruguay ($X), with an 8.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina stood at +96.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+23.6% per year) and Paraguay (+16.1% per year).

Export Prices by Country

The average onion and shallot export price stood at $X per ton in 2022, increasing by 8.9% against the previous year. Overall, the export price, however, saw a pronounced downturn. The growth pace was the most rapid in 2019 an increase of 27% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Paraguay ($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 Uruguay (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Onion And Shallot Imports

Imports into Brazil

After two years of decline, overseas purchases of onions and shallots increased by 29% to X tons in 2022. Overall, imports, however, recorded a slight slump. The pace of growth appeared the most rapid in 2018 when imports increased by 82%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, onion and shallot imports surged to $X in 2022. Over the period under review, imports, however, recorded a slight reduction. The pace of growth was the most pronounced in 2018 when imports increased by 132% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of onion and shallot to Brazil, with a 70% share of total imports. Moreover, onion and shallot imports from Argentina exceeded the figures recorded by the second-largest supplier, Chile (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+25.7% per year) and the Netherlands (-11.5% per year).

In value terms, Argentina ($X) constituted the largest supplier of onions and shallots to Brazil, comprising 53% of total imports. The second position in the ranking was held by Chile ($X), with a 24% share of total imports. It was followed by the Netherlands, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+26.4% per year) and the Netherlands (-3.8% per year).

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, with an increase of 20% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 28% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Argentina ($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 Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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