Luxembourg: Onion And Shallot Market 2024

Onion And Shallot Market Size in Luxembourg

In 2022, after four years of growth, there was significant decline in the Luxembourg onion and shallot market, when its value decreased by -12.4% to $X. Over the period under review, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped in the following year.

Onion And Shallot Production in Luxembourg

In value terms, onion and shallot production totaled $X in 2022 estimated in export price. Overall, production, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 182% against the previous year. Onion and shallot production peaked at $X in 2020; afterwards, it flattened through to 2022.

The average yield of onions and shallots in Luxembourg skyrocketed to X tons per ha in 2022, with an increase of 74% compared with the previous year's figure. Over the period under review, the yield, however, showed a slight reduction. The pace of growth was the most pronounced in 2018 with an increase of 161%. The onion and shallot 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 onion and shallot harvested area in Luxembourg fell remarkably to X ha, with a decrease of -44% compared with 2021. Overall, the harvested area, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 900%. As a result, the harvested area reached the peak level of X ha, and then fell dramatically in the following year.

Onion And Shallot Exports

Exports from Luxembourg

Onion and shallot exports from Luxembourg surged to X tons in 2022, increasing by 23% compared with the year before. Over the period under review, exports saw prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 32%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, onion and shallot exports surged to $X in 2022. Overall, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main destinations of onion and shallot exports from Luxembourg, together comprising 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +16.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for onion and shallot exported from Luxembourg were Belgium ($X), France ($X) and Germany ($X), together comprising 99% of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +21.4%, 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 average onion and shallot export price amounted to $X per ton, increasing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Belgium (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Luxembourg

In 2022, the amount of onions and shallots imported into Luxembourg was estimated at X tons, growing by 12% compared with the previous year. The total import volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, onion and shallot imports shrank to $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 21% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

Belgium (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of onion and shallot imports to Luxembourg, with a combined 80% share of total imports. Spain and Germany lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest onion and shallot suppliers to Luxembourg were France ($X), Belgium ($X) and Spain ($X), together accounting for 75% of total imports. The Netherlands and Germany lagged somewhat behind, together comprising a further 14%.

In terms of the main suppliers, Germany, with a CAGR of +11.6%, 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

The average onion and shallot import price stood at $X per ton in 2022, dropping by -22.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 20% against the previous year. The import price peaked at $X per ton in 2021, and then declined dramatically in the following year.

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 France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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