Northern America: Onion And Shallot Market 2024

Onion And Shallot Market Size in Northern America

In 2022, the North American onion and shallot market increased by 2.7% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Onion And Shallot Production in Northern America

In value terms, onion and shallot production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 13% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The United States (X tons) constituted the country with the largest volume of onion and shallot production, accounting for 93% of total volume. Moreover, onion and shallot production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in the United States was relatively modest.

The average onion and shallot yield rose notably to X tons per ha in 2022, picking up by 5.4% on 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by 11% against the previous year. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat lower figure. 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 Northern America; shrinking by -1.7% against the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 9.8% against the previous year. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Onion And Shallot Exports

Exports in Northern America

In 2022, shipments abroad of onions and shallots decreased by -1.7% to X tons, falling for the third year in a row after four years of growth. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 11%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, onion and shallot exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United States (X tons) was the key exporter of onions and shallots, generating 79% of total exports. It was distantly followed by Canada (X tons), making up a 21% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of onions and shallots. At the same time, Canada (+7.9%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +7.9% from 2012-2022. From 2012 to 2022, the share of Canada increased by +10 percentage points.

In value terms, the United States ($X) remains the largest onion and shallot supplier in Northern America, comprising 80% of total exports. The second position in the ranking was held by Canada ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +4.0%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, picking up by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.3%).

Onion And Shallot Imports

Imports in Northern America

In 2022, after two years of growth, there was decline in purchases abroad of onions and shallots, when their volume decreased by -2.8% to X tons. The total import volume increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, onion and shallot imports expanded rapidly to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.3% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States represented the main importing country with an import of around X tons, which accounted for 74% of total imports. It was distantly followed by Canada (X tons), achieving a 25% share of total imports.

The United States was also the fastest-growing in terms of the onions and shallots imports, with a CAGR of +5.5% from 2012 to 2022. At the same time, Canada (+2.5%) displayed positive paces of growth. From 2012 to 2022, the share of the United States increased by +5.9 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported onions and shallots in Northern America, comprising 68% of total imports. The second position in the ranking was taken by Canada ($X), with a 32% share of total imports.

In the United States, onion and shallot imports expanded at an average annual rate of +6.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2015 an increase of 16% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.2%).

Source: IndexBox Platform

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