China: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in China

The Chinese lettuce and chicory market rose to $X in 2022, growing by 2.1% against the previous year. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.4% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Lettuce And Chicory Production in China

In value terms, lettuce and chicory production rose slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 163%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of lettuce and chicory in China fell slightly to X tons per ha, remaining relatively unchanged against the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by 1%. The lettuce and chicory yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of lettuce and chicory production in China totaled X ha, stabilizing at the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 6.1% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2016 to 2022, the growth of the lettuce and chicory harvested area remained at a somewhat lower figure.

Lettuce And Chicory Exports

Exports from China

Lettuce and chicory exports from China soared to X tons in 2022, growing by 19% on the previous year's figure. In general, exports showed a measured expansion. The pace of growth appeared the most rapid in 2015 with an increase of 72% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, lettuce and chicory exports skyrocketed to $X in 2022. Overall, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 73%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Vietnam (X tons) was the main destination for lettuce and chicory exports from China, accounting for a 23% share of total exports. Moreover, lettuce and chicory exports to Vietnam exceeded the volume sent to the second major destination, Thailand (X tons), twofold. South Korea (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam totaled +81.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+14.3% per year) and South Korea (+6.4% per year).

In value terms, Vietnam ($X), Thailand ($X) and South Korea ($X) constituted the largest markets for lettuce and chicory exported from China worldwide, together accounting for 20% of total exports. Malaysia, Russia and Mongolia lagged somewhat behind, together comprising a further 4%.

Mongolia, with a CAGR of +8,902.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, picking up by 8% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 41%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into China

Lettuce and chicory imports into China skyrocketed to X tons in 2022, increasing by 50% against the previous year. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by 2,431%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports soared to $X in 2022. In general, imports, however, faced a abrupt descent. The growth pace was the most rapid in 2014 when imports increased by 4,076%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main supplier of lettuce and chicory to China, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +43.8%.

In value terms, Brazil ($X) constituted the largest supplier of lettuce and chicory to China.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +40.2%.

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, which is down by -16.5% against the previous year. Overall, the import price showed a significant decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 65%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.3% per year.

Source: IndexBox Platform

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