Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Paraguay - 2024

Contents:

  1. Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Paraguay (CIF) - 2024
  2. Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Paraguay

Price for Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Paraguay (CIF) - 2024

In January 2024, the average import price for onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds amounted to $313 per ton, waning by -10.1% against the previous month. Overall, the import price, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in August 2023 an increase of 451% month-to-month. Over the period under review, average import prices reached the peak figure at $1,630 per ton in October 2023; however, from November 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($1,732 per ton), while the price for Brazil ($72.0 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.

Imports of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Paraguay

In 2022, overseas purchases of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds decreased by -4.7% to 50K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 76%. As a result, imports attained the peak of 58K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of onions, shallots, garlic, leeks and other alliaceous vegetables; fresh or chilleds rose to $12M in 2022. The total import value increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1.82.95.16.855.7%
China5.57.46.75.2-1.9%
Brazil1.01.30.30.4-26.3%
Others0.1N/AN/AN/A0%
Total8.311.612.112.414.3%

Top Suppliers of Onions, Shallots, Garlic, Leeks and Other Alliaceous Vegetables; Fresh or Chilled to Paraguay in 2022:

  1. Argentina (39.6K tons)
  2. Brazil (6.1K tons)
  3. China (4.1K tons)

Source: IndexBox Market Intelligence Platform

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