India: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in India

The Indian lettuce and chicory market reduced to $X in 2022, waning by -6.6% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Lettuce And Chicory Production in India

In value terms, lettuce and chicory production dropped to $X in 2022 estimated in export price. In general, production posted a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 141%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of lettuce and chicory in India fell to X tons per ha, approximately equating the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 0.5%. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average lettuce and chicory 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 India reached X ha, approximately reflecting the year before. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 5.3%. As a result, the harvested area attained 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 India

Lettuce and chicory exports from India stood at X tons in 2022, growing by 8% compared with the previous year's figure. In general, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2014 when exports increased by 261%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, lettuce and chicory exports reached $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2019 with an increase of 269% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bhutan (X tons) was the main destination for lettuce and chicory exports from India, accounting for a 51% share of total exports. Moreover, lettuce and chicory exports to Bhutan exceeded the volume sent to the second major destination, Mauritius (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 20% share.

From 2012 to 2022, the average annual growth rate of volume to Bhutan amounted to +128.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (+197.9% per year) and the United Arab Emirates (+21.6% per year).

In value terms, the largest markets for lettuce and chicory exported from India were Bhutan ($X), the United Arab Emirates ($X) and Mauritius ($X), with a combined 90% share of total exports.

In terms of the main countries of destination, Mauritius, with a CAGR of +150.6%, saw the highest rates of growth with regard to the value of exports, 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, which is down by -6.6% against the previous year. Overall, the export price saw a noticeable decrease. The growth pace was the most rapid in 2019 an increase of 151%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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 the United States ($X per ton), while the average price for exports to Nepal ($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 Pakistan (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into India

In 2022, purchases abroad of lettuce and chicory was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a significant decline. The pace of growth appeared the most rapid in 2019 with an increase of 1,322% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, lettuce and chicory imports skyrocketed to $X in 2022. In general, imports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 1,739%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of lettuce and chicory to India, with a 90% share of total imports. Moreover, lettuce and chicory imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X kg), more than tenfold. The third position in this ranking was taken by the United Arab Emirates (X kg), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-35.7% per year) and the United Arab Emirates (-13.4% per year).

In value terms, Brazil ($X) constituted the largest supplier of lettuce and chicory to India, comprising 86% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by Thailand, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value from Brazil totaled +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-28.5% per year) and Thailand (-31.2% per year).

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 370%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the United States ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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