Ghana: Onion And Shallot Market 2024

Onion And Shallot Market Size in Ghana

The Ghanian onion and shallot market soared to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. Onion and shallot consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Onion And Shallot Production in Ghana

In value terms, onion and shallot production reached $X in 2022 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of onion and shallot in Ghana was estimated at X tons per ha in 2022, remaining stable against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The onion and shallot yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of onion and shallot production in Ghana fell to X ha, remaining relatively unchanged against 2021. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to onion and shallot production reached the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Onion And Shallot Exports

Exports from Ghana

In 2022, approx. X tons of onion and shallot were exported from Ghana; approximately equating 2021 figures. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, onion and shallot exports reached $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for onion and shallot exports from Ghana, with a X% share of total exports. It was followed by the UK (X tons), with a X% share of total exports. The third position in this ranking was held by Togo (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Togo (X% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for onion and shallot exports from Ghana, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with an X% share of total exports. It was followed by Togo, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Togo (X% per year).

Export Prices by Country

In 2022, the average onion and shallot export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Burkina Faso ($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 Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Onion And Shallot Imports

Imports into Ghana

In 2022, imports of onion and shallot into Ghana skyrocketed to X tons, increasing by X% on the year before. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, onion and shallot imports surged to $X in 2022. In general, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Niger (X tons) constituted the largest onion and shallot supplier to Ghana, accounting for a X% share of total imports. Moreover, onion and shallot imports from Niger exceeded the figures recorded by the second-largest supplier, Benin (X tons), more than tenfold. The third position in this ranking was taken by Burkina Faso (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Niger stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Benin (X% per year) and Burkina Faso (X% per year).

In value terms, Niger ($X) constituted the largest supplier of onion and shallot to Ghana, comprising X% of total imports. The second position in the ranking was taken by Benin ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Niger stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Benin (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average onion and shallot import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then contracted markedly 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 the Netherlands ($X per ton), while the price for Togo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :