Grenada: Lettuce And Chicory Market 2020

Lettuce And Chicory Market Size in Grenada

The revenue of the lettuce and chicory market in Grenada amounted to $X in 2018, going down 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 an abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. Grenada lettuce and chicory consumption peaked at $X in 2009; however, from 2010 to 2018, consumption failed to regain its momentum.

Lettuce And Chicory Exports

Exports from Grenada

In 2018, approx. X kg of lettuce and chicory were exported from Grenada; waning by -X% against the previous year. In general, lettuce and chicory exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2016 with a decrease of -X% year-to-year. Over the period under review, lettuce and chicory exports reached their maximum at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, lettuce and chicory exports stood at $X in 2018. Overall, lettuce and chicory exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Grenada exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

Spain represented the main exporting country with an export of about X tons, which resulted at X% of total exports. The U.S. (X tons) ranks second in terms of the total exports with a X% share, followed by Mexico (X%), the Netherlands (X%), Italy (X%) and China (X%). Belgium (X tons) and France (X tons) followed a long way behind the leaders.

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 Grenada were Spain ($X), the U.S. ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Mexico, Italy, Belgium, China, France and Grenada, which together accounted for a further X terms of the main exporting countries, Grenada experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the lettuce and chicory export price in Grenada amounted to $X per ton, increasing by X% against the previous year. Overall, the lettuce and chicory export price continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. Grenada export price peaked in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 Grenada

Lettuce and chicory imports into Grenada totaled X tons in 2018, stabilizing at the previous year. In general, lettuce and chicory imports continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, lettuce and chicory imports attained their peak figure at X tons in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, lettuce and chicory imports amounted to $X in 2018. Overall, lettuce and chicory imports continue to indicate a drastic deduction. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Grenada imports peaked at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Canada (X tons), Germany (X tons), the U.S. (X tons) and the UK (X tons) were the major importers of lettuce and chicory in the world, achieving X% of total import. It was distantly followed by France (X tons), Italy (X tons) and the Netherlands (X tons), together constituting a X% share of total imports. The following importers - Poland (X tons), Belgium (X tons), China, Hong Kong SAR (X tons), Sweden (X tons) and Russia (X tons) - together made up X% of total imports.

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

In value terms, Germany ($X), Canada ($X) and the U.S. ($X) were the countries with the highest levels of imports in 2018, 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 Grenada, which together accounted for a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the lettuce and chicory import price in Grenada amounted to $X per ton, dropping by -X% against the previous year. Overall, the lettuce and chicory import price continues to indicate a slight drop. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. In that year, the import prices for lettuce and chicory attained their peak level of $X per ton. From 2011 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