Report Update Nov 1, 2024

Ghana - Lettuce and Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Ghana

The Ghanian lettuce and chicory market dropped sharply to $X in 2022, shrinking by -22.8% 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, consumption, however, continues to indicate resilient growth. Lettuce and chicory consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Lettuce And Chicory Exports

Exports from Ghana

In 2022, overseas shipments of lettuce and chicory increased by 14% to X kg, rising for the second year in a row after three years of decline. Overall, exports, however, faced a sharp curtailment. The pace of growth was the most pronounced in 2017 with an increase of 1,880%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, lettuce and chicory exports soared to $X in 2022. In general, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2017 when exports increased by 1,762% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X kg) was the main destination for lettuce and chicory exports from Ghana, accounting for a 94% share of total exports. Moreover, lettuce and chicory exports to Luxembourg exceeded the volume sent to the second major destination, Finland (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Luxembourg amounted to -7.8%.

In value terms, Luxembourg ($X) remains the key foreign market for lettuce and chicory exports from Ghana, comprising 88% of total exports. The second position in the ranking was taken by Finland ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Luxembourg stood at -9.9%.

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, increasing by 1.8% against the previous year. In general, the export price posted a tangible increase. The growth pace was the most rapid in 2018 an increase of 102%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Luxembourg totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+11.3%), while the prices for the other major destinations experienced a decline.

Lettuce And Chicory Imports

Imports into Ghana

In 2022, the amount of lettuce and chicory imported into Ghana reduced rapidly to X tons, declining by -18.6% against the year before. In general, imports, however, showed temperate growth. The pace of growth was the most pronounced in 2018 when imports increased by 81%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, lettuce and chicory imports declined significantly to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 118% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest lettuce and chicory supplier to Ghana, accounting for a 49% share of total imports. Moreover, lettuce and chicory imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was held by South Korea (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.0% per year) and South Korea (-8.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of lettuce and chicory to Ghana, comprising 54% of total imports. The second position in the ranking was taken by South Korea ($X), with a 2.8% share of total imports. It was followed by Egypt, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-5.0% per year) and Egypt (+2.9% per year).

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2022, dropping by -6.5% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lettuce and chicory in the world?

The country with the largest volume of lettuce and chicory consumption was China, accounting for 52% of total volume. Moreover, lettuce and chicory consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 4.1% share.

What are the largest producers of lettuce and chicory in the world?

The country with the largest volume of lettuce and chicory production was China, comprising approx. 52% of total volume. Moreover, lettuce and chicory production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of lettuce and chicory to Ghana?

In value terms, the Netherlands constituted the largest supplier of lettuce and chicory to Ghana, comprising 72% of total imports. The second position in the ranking was occupied by China, with an 11% share of total imports. It was followed by Belgium, with a 6.6% share.

What are the leading importers of lettuce and chicory from Ghana?

In value terms, Luxembourg $629) remains the key foreign market for lettuce and chicory exports from Ghana.

What is the average export price for lettuce and chicory in Ghana?

In 2021, the average lettuce and chicory export price amounted to $1,960 per ton, falling by -34.7% against the previous year.

What is the average import price for lettuce and chicory in Ghana?

The average lettuce and chicory import price stood at $2,204 per ton in 2021, with a decrease of -11.6% against the previous year.

This report provides an in-depth analysis of the lettuce and chicory market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 372 - Lettuce and chicory

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023