Slovakia: Onion And Shallot Market 2024

Onion And Shallot Market Size in Slovakia

The Slovak onion and shallot market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -19.3% against 2019 indices. Onion and shallot consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Onion And Shallot Production in Slovakia

In value terms, onion and shallot production expanded modestly to $X in 2022 estimated in export price. In general, production showed a strong increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 116% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of onions and shallots in Slovakia rose slightly to X tons per ha in 2022, increasing by 4.5% on 2021 figures. Overall, the yield indicated a strong increase from 2012 to 2022: its figure increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot yield decreased by -4.3% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 53%. The onion and shallot yield peaked at X tons per ha in 2020; however, from 2021 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, approx. X ha of onions and shallots were harvested in Slovakia; waning by -1.8% compared with the year before. In general, the total harvested area indicated a perceptible expansion from 2012 to 2022: its figure increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot harvested area increased by +71.1% against 2017 indices. The pace of growth was the most pronounced in 2018 when the harvested area increased by 38%. The onion and shallot harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

Onion And Shallot Exports

Exports from Slovakia

Onion and shallot exports from Slovakia fell notably to X tons in 2022, waning by -18.7% against the previous year's figure. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 192%. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank rapidly in the following year.

In value terms, onion and shallot exports stood at $X in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of 161% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for onion and shallot exports from Slovakia, with a 70% share of total exports. Moreover, onion and shallot exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+11.5% per year) and Germany (+19.5% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for onions and shallots exports from Slovakia, comprising 68% of total exports. The second position in the ranking was taken by Hungary ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic totaled +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+14.7% per year) and Germany (+20.1% per year).

Export Prices by Country

In 2022, the average onion and shallot export price amounted to $X per ton, with an increase of 26% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 79% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic ($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 Hungary (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Slovakia

In 2022, overseas purchases of onions and shallots decreased by -12.4% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports showed a noticeable decline. The pace of growth was the most pronounced in 2013 when imports increased by 36%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, onion and shallot imports contracted to $X in 2022. In general, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2019 with an increase of 60% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest onion and shallot supplier to Slovakia, with a 37% share of total imports. Moreover, onion and shallot imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. The third position in this ranking was taken by the Czech Republic (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-3.1% per year) and the Czech Republic (-8.3% per year).

In value terms, the Netherlands ($X), Italy ($X) and the Czech Republic ($X) constituted the largest onion and shallot suppliers to Slovakia, together accounting for 60% of total imports. Austria, Poland, Germany, Serbia and Spain lagged somewhat behind, together comprising a further 27%.

In terms of the main suppliers, Serbia, with a CAGR of +36.8%, saw the highest growth rate of 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

In 2022, the average onion and shallot import price amounted to $X per ton, with a decrease of -1.7% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, onion and shallot import price increased by +66.1% against 2017 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 43%. The import price peaked at $X per ton in 2021, and then contracted slightly 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 Italy ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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