Dried Onion Market Overview in Germany
In value terms, dried onion production totaled $ in 2019 estimated in export prices. Over the period under review, the total production indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2015 indices. The pace of growth appeared the most rapid in 2009 with an increase of % year-to-year. Over the period under review, production attained the peak level at $ in 2013; however, from 2014 to 2019, production failed to regain the momentum.
The value of the dried onion market in Germany stood at $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.