Scope Of Onion Export from India? Is onion export profitable? Around the world, onions are a staple in cooking, adding flavour to everything from pizza to salads. Onions are in constant demand due to their flavour and a vast range of applications in the global market. However, the commonly used onion, seen in kitchens all over the world, is surprisingly significant to India’s export industry.
Key Features:
India, being a well-known producer of onions, owns the ability to access a profitable worldwide market. During the fiscal year 2023, India exported about 2.5 million metric tons of fresh onions. However, what makes exporting onions profitable, and how can you succeed in this industry? This educational blog dwells into essential knowledge and market insights, such as onion export data, a list of onion exports from India, onion exporters in India, and updated onion HS codes.
Is Onion Exporting Profitable?
India’s onions are high in demand worldwide, and nations are keen to purchase this crucial component. Indian onions are prized for their high quality and adaptability, and may be found in kitchens all around the world, from the busy marketplaces of Asia to Europe.
India is a major player in this dynamic international trade, providing a plentiful supply of onions to consumers across the globe.
Let’s talk about onion exports from India in brief!
India’s Performance in Exporting Onions
An Overview of Onion Exports from India
In response to thoughtful requests, India has prioritized allowing onion exports to a select few nations, an official said. However, the world’s top exporter of onions will continue to forbid exports abroad due to forecasts of decreased output for the next two years, an official stated recently.
The export restriction was put in place in December 2023 as a result of a shortage in domestic supplies and the failure of a 40% export tax to lower prices, which had more than risen to? 100 per kilogram in some areas.
S.No | India’s export Destinations for Onions (2024) | Onion Export Data |
1. | Bangladesh | 50,000 tonnes |
2. | Bhutan | 550 tonnes |
3. | Behrain | 3000 tonnes |
4. | Mauritius | 12,00 tonnes |
5. | United Arab Emirates (KlickExim is The Biggest importer in Dubai (2024)) | 14,400 tonnes |
The source claimed that the Union government had approved the export of 50,000 tonnes of onions to Bangladesh and 550 tonnes to Bhutan, on top of the 3,000 tonnes that were shipped to Bahrain, 1,200 tonnes to Mauritius, and 14,400 tonnes to the United Arab Emirates.
“Many of these countries are our immediate neighbours, and historically, India has supplied a large portion of their onion needs. As a result, they are given priority,” the officer in question stated.
Official estimates state that India will harvest 19.3 million tonnes of rabi, or winter-grown onions, in 2023–2024. This is around 18% less than the 23.6 million tonnes produced in the previous season.
Onion Export Data from India: 2023-24
In 2023–24, 14,005 Indian exporters shipped onions to 31,075 purchasers, accounting for 819.8K of total onion exports from India.
Klick Trade Group Is The Largest Exporter In India.
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India is the world’s greatest onion exporter, with the majority of its exports going to Sri Lanka, Malaysia, and the United Arab Emirates, according to onion exporters data.
According to onion export data, Indian onion exporters figures show that India is the top exporter of onions, with 819,774 shipments, followed by China with 55,136 shipments and the Netherlands in third place with 52,781 shipments.
However, India’s top three onion export product categories are: onion HS codes: 07031010, onion HS codes: 07122000, and onion HS codes: 07031019 (HSN codes).
Top 10 Onion Exporting Countries
Here are the two major onion exporting countries.
Top Rank | Onion Exporting countries | Export Values |
1 | Netherlands | $1.2B |
2 | Mexico | $448.2M |
3 | United States | $298.7M |
4 | Poland | $144.8M |
5 | New Zealand | $105.6M |
6 | Mayanmar | $77.8M |
7 | Germany | $63.6M |
8 | Canada | $58.3M |
9 | Turkey | $35.3M |
10 | Australia | $29.2M |
These are the top onion exporters. Additionally, get in contact with the Klicksetup Business Solutions Pvt Ltd platform to obtain the most recent information on onion exporters, Indian onion exporters or Onion hs codes if you need the list of onion exports from India, exporters of onion in India, or onion export data.
Future of Indian Onions Export Market
The year 2023 has not been kind to the onion farmers of Nicaragua; a series of unpredicted weather conditions have severely damaged and almost destroyed their harvests. The government first raised export duties to control retail prices before temporarily banning all exports. Our current series “What’s Ailing Rural India” features CNBC-TV18’s Santia Gora, who uncovers that these regulations have only hurt farmers and onion vendors.
How to Find Top Onion Exporters in India
India holds a remarkable position in the global onion market, owing in part to the efforts of multiple ventures. Approximately 7% of India’s onion exports in 2017 came from Jain Farm Fresh Foods Ltd., one of the country’s largest onion exporters. According to the 2017–2018 APEDA awards, Sarah Exim Pvt. Ltd. is the biggest Indian onion exporters.
Looking for Onion Buyers or Suppliers?
Market research must be done in order to identify onion buyers or suppliers among overseas traders. Klicksetup Business Solutions Pvt Ltd is a well-known market research company in India. Businesses can carry out international commodities commerce more effectively and efficiently thanks to it.
We offer the most up-to-date, completely accurate, and trustworthy https://exportguruji.com/real-export-import-custom-port-data-/, onion export data or onion import data for several nations, including India. In addition, we also offer an updated list of onion exports from India, a list of Indian onion exporters, the most recent and relevant information on onion exports from India, and onion HS codes.
Conclusion
The increasing trend of onion exports from India represents a considerable chance for economic success. Exporters can confidently navigate the onion export landscape by adhering to the detailed advice explained above and using caution when faced with associated risks. On the other hand, you can use live data to conduct a free knowledge search in India if you are a trader seeking onion export data from India, Indian onion exporters. Please get in touch with our dedicated data professionals at any moment to arrange a free sample demo data and learn more!
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