Guam: Cabbage Market 2020

Cabbage Market Size in Guam

The revenue of the cabbage market in Guam amounted to $X in 2018, picking up by X% against the previous year. In general, cabbage consumption continues to indicate buoyant growth. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the cabbage market reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Cabbage Production in Guam

In value terms, cabbage production totaled $X in 2018 estimated in export prices. Overall, cabbage production, however, continues to indicate resilient growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, cabbage production reached its peak figure level at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

In 2018, the average yield of cabbage and other brassicas in Guam amounted to X kg per ha, standing approx. at the previous year. Over the period under review, the cabbage yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Cabbage harvested area in Guam totaled X ha in 2018, stabilizing at the previous year. Overall, the cabbage harvested area continues to indicate a relatively flat trend pattern.

Cabbage Exports

Exports from Guam

Cabbage exports from Guam totaled X kg in 2018, lowering by -X% against the previous year. Overall, cabbage exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2014 when exports decreased by -X% against the previous year. Over the period under review, cabbage exports reached their peak figure at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, cabbage exports stood at $X in 2018. Over the period under review, cabbage exports continue to indicate a sharp drop. The most prominent rate of growth was recorded in 2018 when exports decreased by -X% against the previous year. Guam exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

China represented the major exporter of cabbage and other brassicas in the world, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2018. The U.S. (X tons) occupied the second position in the ranking, followed by the Netherlands (X tons) and Mexico (X tons). All these countries together held near X% share of total exports. Spain (X tons), Canada (X tons), Poland (X tons), Italy (X tons), Germany (X tons), Macedonia (X tons), Uzbekistan (X tons) and Belgium (X tons) held a little share of total exports.

China was also the fastest-growing in terms of the cabbage and other brassicas exports, with a CAGR of +X% from 2007 to 2018. At the same time, Macedonia (+X%), Belgium (+X%), Canada (+X%), Mexico (+X%), Spain (+X%), the Netherlands (+X%) and Uzbekistan (+X%) displayed positive paces of growth. The U.S. and Italy experienced a relatively flat trend pattern. By contrast, Germany (-X%) and Poland (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Mexico (+X p.p.), the Netherlands (+X p.p.), Macedonia (+X p.p.) and Canada (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the U.S. ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports.

China experienced 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 cabbage export price in Guam stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Overall, the cabbage export price continues to indicate a prominent expansion. The growth pace was the most rapid in 2009 when the export price increased by X% year-to-year. Over the period under review, the export prices for cabbage and other brassicas attained their peak figure at $X per ton in 2012; afterwards, it flattened through to 2018.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Uzbekistan ($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.

Cabbage Imports

Imports into Guam

Cabbage imports into Guam amounted to X tons in 2018, growing by X% against the previous year. Over the period under review, cabbage imports continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Guam imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, cabbage imports stood at $X in 2018. Overall, cabbage imports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, cabbage imports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, China, Hong Kong SAR (X tons) and the U.S. (X tons) were the largest importers of cabbage and other brassicasacross the globe, together creating X% of total imports. Germany (X tons) held the next position in the ranking, followed by Canada (X tons) and Malaysia (X tons). All these countries together took near X% share of total imports. Russia (X tons), Thailand (X tons), Vietnam (X tons), the Netherlands (X tons), Kazakhstan (X tons), Singapore (X tons) and the Czech Republic (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 Thailand, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Canada ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Germany, Malaysia, the Netherlands, Thailand, Russia, Singapore, the Czech Republic, Vietnam, Kazakhstan and Guam, which together accounted for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The cabbage import price in Guam stood at $X per ton in 2018, going down by -X% against the previous year. Overall, the import price indicated a resilient 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, cabbage import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2015 an increase of X% year-to-year. In that year, the import prices for cabbage and other brassicas reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the import prices for cabbage and other brassicas remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform