Dried Onion Market Overview in India
In value terms, dried onion production soared to $ 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 years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.
The value of the dried onion market in India surged to $ in 2019, rising 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Dried onion consumption peaked at $ in 2015; however, from 2016 to 2019, consumption remained at a lower figure.