Cabo Verde: Lettuce And Chicory Market 2020

Lettuce And Chicory Market Size in Cabo Verde

The revenue of the lettuce and chicory market in Cabo Verde amounted to $X in 2018, rising by X% 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). Overall, lettuce and chicory consumption continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the lettuce and chicory market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Lettuce And Chicory Exports

Exports from Cabo Verde

In 2018, the lettuce and chicory exports from Cabo Verde totaled X tons, going up by X% against the previous year. Overall, lettuce and chicory exports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Cabo Verde exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, lettuce and chicory exports amounted to $X in 2018. Overall, lettuce and chicory exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, lettuce and chicory exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Spain represented the main exporter of lettuce and chicory in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2018. It was distantly followed by the U.S. (X tons), Mexico (X tons), the Netherlands (X tons), Italy (X tons) and China (X tons), together comprising a X% share of total exports. The following exporters - Belgium (X tons) and France (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to lettuce and chicory exports from Spain stood at +X%. At the same time, Mexico (+X%), China (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), Belgium (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of Spain (+X p.p.), Mexico (+X p.p.), China (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lettuce and chicory markets from Cabo Verde were Spain ($X), the U.S. ($X) and the Netherlands ($X), together accounting for X% of total exports. Mexico, Italy, Belgium, China, France and Cabo Verde lagged somewhat behind, together accounting for a further X Verde recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The lettuce and chicory export price in Cabo Verde stood at $X per ton in 2018, reducing by -X% against the previous year. In general, the lettuce and chicory export price continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. In that year, the export prices for lettuce and chicory attained their peak level of $X per ton. From 2014 to 2018, the growth in terms of the export prices for lettuce and chicory failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Cabo Verde

In 2018, approx. X tons of lettuce and chicory were imported into Cabo Verde; jumping by X% against the previous year. Overall, lettuce and chicory imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, lettuce and chicory imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, lettuce and chicory imports stood at $X in 2018. Overall, lettuce and chicory imports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Over the period under review, lettuce and chicory imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The countries with the highest levels of lettuce and chicory imports in 2018 were Canada (X tons), Germany (X tons), the U.S. (X tons) and the UK (X tons), together recording X% of total import. France (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Italy (X%) and the Netherlands (X%). Poland (X tons), Belgium (X tons), China, Hong Kong SAR (X tons), Sweden (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Cabo Verde, while the other leaders experienced more modest paces of growth.

In value terms, the largest lettuce and chicory importing markets into Cabo Verde were Germany ($X), Canada ($X) and the U.S. ($X), together accounting for X% of total imports. These countries were followed by the UK, France, the Netherlands, Italy, Belgium, Poland, Sweden, China, Hong Kong SAR, Russia and Cabo Verde, which together accounted for a further X Verde recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the lettuce and chicory import price in Cabo Verde amounted to $X per ton, declining by -X% against the previous year. In general, the import price indicated a measured increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, lettuce and chicory import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2016 an increase of X% y-o-y. In that year, the import prices for lettuce and chicory reached their peak level of $X per ton. From 2017 to 2018, the growth in terms of the import prices for lettuce and chicory failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform