Colombia: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Colombia

The Colombian lettuce and chicory market declined to $X in 2022, with a decrease of -5.6% against the previous year. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Lettuce And Chicory Production in Colombia

In value terms, lettuce and chicory production reduced to $X in 2022 estimated in export price. Over the period under review, production enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 81% against the previous year. Lettuce and chicory production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The average yield of lettuce and chicory in Colombia totaled X tons per ha in 2022, picking up by 4.5% on 2021 figures. In general, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by 21%. The lettuce and chicory yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. 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 Colombia dropped slightly to X ha, with a decrease of -3.2% compared with the previous year. Over the period under review, the harvested area, however, showed a tangible increase. The growth pace was the most rapid in 2018 with an increase of 54%. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the lettuce and chicory harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from Colombia

In 2022, shipments abroad of lettuce and chicory was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 69%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, lettuce and chicory exports rose to $X in 2022. Overall, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when exports increased by 105%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Curacao (X tons), the United States (X tons) and Canada (X tons) were the main destinations of lettuce and chicory exports from Colombia, with a combined 72% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +48.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Hong Kong SAR ($X) and Curacao ($X) were the largest markets for lettuce and chicory exported from Colombia worldwide, with a combined 73% share of total exports.

The United States, with a CAGR of +58.9%, saw the highest growth rate of 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, with a decrease of -22.8% against the previous year. Over the period under review, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 79%. As a result, the export price attained the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Canada ($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 the United States (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Colombia

In 2022, overseas purchases of lettuce and chicory decreased by -16.5% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, lettuce and chicory imports contracted rapidly to $X in 2022. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 104% against the previous year. Imports peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main lettuce and chicory supplier to Colombia, with a 98% share of total imports. It was followed by Trinidad and Tobago (X kg), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at +14.2%.

In value terms, the United States ($X) constituted the largest supplier of lettuce and chicory to Colombia, comprising 94% of total imports. The second position in the ranking was taken by Trinidad and Tobago ($X), with a 5.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +6.9%.

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2022, falling by -5% against the previous year. In general, the import price recorded a deep slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 73%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Trinidad and Tobago ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+4.2%).

Source: IndexBox Platform

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