Mexico: Dried Onion Market 2025

Dried Onion Market Size in Mexico

In 2021, after two years of growth, there was decline in the Mexican dried onion market, when its value decreased by -2.9% to $X. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted modestly in the following year.

Dried Onion Production in Mexico

In value terms, dried onion production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 18%. Dried onion production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Dried Onion Exports

Exports from Mexico

For the third year in a row, Mexico recorded decline in overseas shipments of dried onions, which decreased by -6.4% to X tons in 2021. Over the period under review, exports saw a mild slump. The most prominent rate of growth was recorded in 2018 with an increase of 162%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, dried onion exports dropped to $X in 2021. In general, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2018 with an increase of 70%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for dried onion exports from Mexico, accounting for a 63% share of total exports. Moreover, dried onion exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), twofold. The third position in this ranking was taken by the Dominican Republic (X tons), with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+29.4% per year) and the Dominican Republic (+26.4% per year).

In value terms, the United States ($X) remains the key foreign market for dried onion exports from Mexico, comprising 64% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 26% share of total exports. It was followed by the Dominican Republic, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+21.8% per year) and the Dominican Republic (+31.1% per year).

Export Prices by Country

In 2021, the average dried onion export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2019 an increase of 29%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Onion Imports

Imports into Mexico

In 2021, approx. X tons of dried onions were imported into Mexico; with an increase of 32% on 2020 figures. Overall, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by 61%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, dried onion imports surged to $X in 2021. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 62%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The United States (X tons), China (X tons) and India (X tons) were the main suppliers of dried onion imports to Mexico.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +24.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of dried onion to Mexico, comprising 59% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.4% per year) and India (+9.4% per year).

Import Prices by Country

In 2021, the average dried onion import price amounted to $X per ton, remaining constant against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 an increase of 5.5% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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