Global Leeks Market to Reach 2.5M Tons by 2030, Valued at $4.1B in Nominal Prices as Demand Surges Worldwide

IndexBox has just published a new report: World - Leeks And Other Alliaceous Vegetables - Market Analysis, Forecast, Size, Trends and Insights.

The global market for leeks and other alliaceous vegetables is anticipated to see a steady rise in demand, with a projected CAGR of +1.1% in volume and +3.5% in value from 2023 to 2030. By the end of 2030, market volume is forecasted to reach 2.5M tons, and market value is expected to reach $4.1B (in nominal wholesale prices). Stay informed on the market expansion and opportunities in this thriving industry.

Market Forecast

Driven by increasing demand for leeks and other alliaceous vegetables worldwide, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +1.1% for the period from 2023 to 2030, which is projected to bring the market volume to 2.5M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.5% for the period from 2023 to 2030, which is projected to bring the market value to $4.1B (in nominal wholesale prices) by the end of 2030.

Consumption

World Consumption of Leeks And Other Alliaceous Vegetables

In 2023, the amount of leeks and other alliaceous vegetables consumed worldwide expanded modestly to 2.3M tons, increasing by 2% on the year before. Overall, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the consumption volume increased by 5.6% against the previous year. As a result, consumption attained the peak volume of 2.3M tons; afterwards, it flattened through to 2023.

The global leek market size totaled $3.2B in 2023, remaining constant 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 saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 6.8% against the previous year. As a result, consumption reached the peak level of $3.3B. From 2022 to 2023, the growth of the global market remained at a somewhat lower figure.

Consumption By Country

Indonesia (633K tons) remains the largest leek consuming country worldwide, accounting for 27% of total volume. Moreover, leek consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Turkey (182K tons), threefold. France (177K tons) ranked third in terms of total consumption with a 7.7% share.

From 2013 to 2023, the average annual growth rate of volume in Indonesia was relatively modest. In the other countries, the average annual rates were as follows: Turkey (-2.1% per year) and France (+0.1% per year).

In value terms, South Korea ($860M), Indonesia ($437M) and Germany ($231M) appeared to be the countries with the highest levels of market value in 2023, with a combined 47% share of the global market. France, the UK, Turkey, Belgium, Spain, the Netherlands, the United States, Japan, Poland and Kazakhstan lagged somewhat behind, together comprising a further 31%.

The United States, with a CAGR of +27.5%, saw the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of leek per capita consumption in 2023 were Belgium (8.2 kg per person), Kazakhstan (5.2 kg per person) and the Netherlands (3.1 kg per person).

From 2013 to 2023, the biggest increases were recorded for the United States (with a CAGR of +27.2%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Leeks And Other Alliaceous Vegetables

In 2023, approx. 2.3M tons of leeks and other alliaceous vegetables were produced worldwide; growing by 2.7% compared with 2022. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.8% against the previous year. As a result, production attained the peak volume of 2.3M tons; afterwards, it flattened through to 2023. The general negative trend in terms output was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, leek production totaled $3.1B in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 5.5%. Global production peaked at $3.2B in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Production By Country

The country with the largest volume of leek production was Indonesia (633K tons), comprising approx. 28% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, Turkey (191K tons), threefold. France (173K tons) ranked third in terms of total production with a 7.6% share.

In Indonesia, leek production remained relatively stable over the period from 2013-2023. In the other countries, the average annual rates were as follows: Turkey (-2.3% per year) and France (+0.7% per year).

Yield

In 2023, the global average yield of leeks and other alliaceous vegetables expanded slightly to 17 tons per ha, picking up by 1.7% compared with the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 3.9%. Over the period under review, the average leek yield hit record highs at 18 tons per ha in 2014; however, from 2015 to 2023, the yield remained at a lower figure.

Harvested Area

In 2023, the total area harvested in terms of leeks and other alliaceous vegetables production worldwide amounted to 133K ha, standing approx. at the year before. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 3.5% against the previous year. As a result, the harvested area attained the peak level of 136K ha. From 2018 to 2023, the growth of the global leek harvested area remained at a lower figure.

Imports

World Imports of Leeks And Other Alliaceous Vegetables

In 2023, overseas purchases of leeks and other alliaceous vegetables increased by 4.8% to 368K tons, rising for the fourth year in a row after two years of decline. The total import volume increased at an average annual rate of +1.4% from 2013 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 8.8% against the previous year. Over the period under review, global imports reached the peak figure in 2023 and are likely to continue growth in the near future.

In value terms, leek imports soared to $507M in 2023. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. Global imports peaked in 2023 and are likely to continue growth in the immediate term.

Imports By Country

Japan (60K tons) and the United States (59K tons) were the largest importers of leeks and other alliaceous vegetables in 2023, resulting at approx. 16% and 16% of total imports, respectively. Germany (33K tons) ranks next in terms of the total imports with a 9% share, followed by Spain (7.7%) and Vietnam (4.7%). France (15K tons), Poland (13K tons), the Netherlands (12K tons), Italy (9.7K tons), Russia (8.4K tons), the UK (8.3K tons), Kazakhstan (7.5K tons) and Sweden (7.1K tons) took a little share of total imports.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of +87.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest leek importing markets worldwide were the United States ($80M), Japan ($66M) and Germany ($58M), together accounting for 40% of global imports. Spain, France, the Netherlands, the UK, Italy, Poland, Sweden, Vietnam, Russia and Kazakhstan lagged somewhat behind, together comprising a further 33%.

Among the main importing countries, Vietnam, with a CAGR of +71.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2023, the average leek import price amounted to $1,380 per ton, rising by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17%. Over the period under review, average import prices attained the maximum at $1,475 per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($2,229 per ton), while Kazakhstan ($332 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.2%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Leeks And Other Alliaceous Vegetables

Global leek exports expanded remarkably to 316K tons in 2023, with an increase of 11% on 2022 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 15%. As a result, the exports attained the peak of 323K tons. From 2018 to 2023, the growth of the global exports remained at a lower figure.

In value terms, leek exports skyrocketed to $385M in 2023. Overall, exports recorded a relatively flat trend pattern. The global exports peaked at $385M in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports By Country

The shipments of the three major exporters of leeks and other alliaceous vegetables, namely China, Belgium and the Netherlands, represented more than half of total export. It was distantly followed by Spain (29K tons), creating a 9% share of total exports. France (11K tons), Turkey (8.8K tons), Mexico (8.7K tons), Uzbekistan (8.2K tons), Portugal (6.1K tons) and Italy (5.9K tons) held a minor share of total exports.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uzbekistan (with a CAGR of +50.3%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest leek supplying countries worldwide were the Netherlands ($87M), Belgium ($82M) and China ($55M), with a combined 58% share of global exports. Spain, France, Mexico, Italy, Portugal, Turkey and Uzbekistan lagged somewhat behind, together accounting for a further 21%.

Uzbekistan, with a CAGR of +33.3%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average leek export price stood at $1,218 per ton in 2023, jumping by 19% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. As a result, the export price reached the peak level of $1,277 per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($1,548 per ton), while Uzbekistan ($306 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (+7.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform