Mongolia: Dry Onion Market 2020

Dry Onion Market Size in Mongolia

The revenue of the dry onion market in Mongolia amounted to $X in 2018, increasing by X% against the previous year. In general, dry onion consumption continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the dry onion market attained its maximum level in 2018 and is expected to retain its growth in the near future.

Dry Onion Production in Mongolia

In value terms, dry onion production totaled $X in 2018 estimated in export prices. Over the period under review, dry onion production continues to indicate remarkable growth. The pace of growth was the most pronounced in 2010 when production volume increased by X% y-o-y. In that year, dry onion production attained its peak level of $X. From 2011 to 2018, dry onion production growth failed to regain its momentum.

In 2018, the average dry onion yield in Mongolia amounted to X ton per ha, growing by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The global dry onion yield peaked at X ton per ha in 2014; however, from 2015 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of dry onions production in Mongolia totaled X ha, picking up by X% against the previous year. In general, the dry onion harvested area continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The global dry onion harvested area peaked in 2018 and is likely to continue its growth in the immediate term.

Dry Onion Exports

Exports by Country

In 2018, India (X tons) and the Netherlands (X tons) represented the main exporters of dry onionsaround the world, together committing X% of total exports. It was distantly followed by China (X tons), Spain (X tons), Mexico (X tons) and Egypt (X tons), together achieving a X% share of total exports. The following exporters - the U.S. (X tons), Turkey (X tons), New Zealand (X tons), Peru (X tons) and Poland (X tons) - together made up X% 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) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

In terms of the main exporting countries, China experienced 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

The dry onion export price in Mongolia stood at $X per ton in 2018, flattening at the previous year. Overall, the dry onion export price continues to indicate a relatively flat trend pattern. Mongolia export price peaked at $X per ton in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 Mongolia

In 2018, the amount of dry onions imported into Mongolia totaled X tons, rising by X% against the previous year. Overall, dry onion imports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, dry onion imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, dry onion imports stood at $X in 2018. Overall, dry onion imports continue to indicate extraordinary growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Mongolia imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X tons), Malaysia (X tons), the UK (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Russia (X tons), Japan (X tons), Sri Lanka (X tons), the Netherlands (X tons), Bangladesh (X tons), Germany (X tons) and South Korea (X tons) represented the key importers of dry onions in the world, making up X% 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 Mongolia, while the other leaders experienced more modest paces of growth.

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

Import Prices by Country

The dry onion import price in Mongolia stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the dry onion import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. Mongolia import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; 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