Somalia: Dry Onion Market 2020

Dry Onion Market Size in Somalia

The revenue of the dry onion market in Somalia amounted to $X in 2018, waning by -X% against the previous year. Overall, dry onion consumption continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. In that year, the dry onion market reached its peak level of $X. From 2013 to 2018, the growth of the dry onion market remained at a lower figure.

Dry Onion Production in Somalia

In value terms, dry onion production stood at $X in 2018 estimated in export prices. In general, dry onion production continues to indicate a dramatic deduction. The most prominent rate of growth was recorded in 2010 when production volume increased by X% against the previous year. Somalia dry onion production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

In 2018, the average yield of dry onions in Somalia amounted to X ton per ha, approximately reflecting the previous year. Over the period under review, the dry onion yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when yield increased by X% against the previous year. Over the period under review, the dry onion yield reached its peak figure level in 2018 and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Dry onion harvested area in Somalia amounted to X ha in 2018, lowering by -X% against the previous year. Overall, the dry onion harvested area continues to indicate an abrupt setback. The growth pace was the most rapid in 2009 when harvested area decreased by -X% year-to-year. The global dry onion harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Dry Onion Exports

Exports by Country

In 2018, India (X tons) and the Netherlands (X tons) were the main exporters of dry onionsin the world, together amounting to approx. X% of total exports. China (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Spain (X%), Mexico (X%) and Egypt (X%). 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 largest dry onion markets from Somalia were the Netherlands ($X), China ($X) and Mexico ($X), with a combined X% share of total exports.

China recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The dry onion export price in Somalia stood at $X per ton in 2018, standing approx. at the previous year. In general, the dry onion export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for dry onions attained their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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 Somalia

In 2018, the imports of dry onions into Somalia amounted to X tons, dropping by -X% against the previous year. Overall, dry onion imports, however, continue to indicate a remarkable expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. In that year, dry onion imports attained their peak of X tons. From 2013 to 2018, the growth of dry onion imports failed to regain its momentum.

In value terms, dry onion imports totaled $X in 2018. Over the period under review, dry onion imports, however, continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, dry onion imports attained their peak of $X. From 2013 to 2018, the growth of dry onion imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of dry onion imports in 2018 were 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), together accounting for 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 South Korea, while the other leaders experienced more modest paces of growth.

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

Import Prices by Country

The dry onion import price in Somalia stood at $X per ton in 2018, increasing by X% against the previous year. Overall, the dry onion import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. Somalia import price peaked in 2018 and is expected to retain its growth in the immediate term.

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