Malaysia: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Malaysia

In 2022, after four years of growth, there was significant decline in the Malaysian lettuce and chicory market, when its value decreased by -5.3% to $X. Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +63.3% against 2017 indices. Lettuce and chicory consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Lettuce And Chicory Production in Malaysia

In value terms, lettuce and chicory production rose notably to $X in 2022 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 47%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of lettuce and chicory in Malaysia reached X tons per ha in 2022, approximately equating the year before. In general, the yield, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of 11% against the previous year. Over the period under review, the average lettuce and chicory yield reached the maximum level at X tons per ha in 2016; however, from 2017 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 harvested area of lettuce and chicory in Malaysia declined to X ha, waning by -14.3% against the year before. Overall, the total harvested area indicated a strong expansion from 2012 to 2022: its figure increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lettuce and chicory harvested area increased by +63.9% against 2017 indices. The pace of growth was the most pronounced in 2013 when the harvested area increased by 62% against the previous year. Over the period under review, the harvested area dedicated to lettuce and chicory production reached the maximum at X ha in 2021, and then declined in the following year.

Lettuce And Chicory Exports

Exports from Malaysia

In 2022, shipments abroad of lettuce and chicory was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. The total export volume increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by 37% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, lettuce and chicory exports expanded notably to $X in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for lettuce and chicory exports from Malaysia, with a 96% share of total exports. It was followed by Taiwan (Chinese) (X tons), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to +3.5%.

In value terms, Singapore ($X) remains the key foreign market for lettuce and chicory exports from Malaysia, comprising 97% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to +3.4%.

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, surging by 2.3% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 20%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Taiwan (Chinese) totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-0.1%).

Lettuce And Chicory Imports

Imports into Malaysia

In 2022, approx. X tons of lettuce and chicory were imported into Malaysia; shrinking by -12.2% against the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports fell to $X in 2022. Overall, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X tons) constituted the largest lettuce and chicory supplier to Malaysia, accounting for a 74% share of total imports. Moreover, lettuce and chicory imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Australia (X tons) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.0% per year) and Australia (-2.0% per year).

In value terms, China ($X) constituted the largest supplier of lettuce and chicory to Malaysia, comprising 54% of total imports. The second position in the ranking was held by Thailand ($X), with a 26% share of total imports. It was followed by Australia, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+15.2% per year) and Australia (+2.5% per year).

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, waning by -1.7% against the previous year. Overall, the import price saw a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of 14%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Thailand ($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 (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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