Report Update Nov 1, 2024

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

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Uruguay: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Uruguay

In 2022, the Uruguayan lettuce and chicory market increased by 35% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, saw a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Lettuce And Chicory Exports

Exports from Uruguay

In 2022, the amount of lettuce and chicory exported from Uruguay shrank to X tons, which is down by -5.9% against 2021 figures. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 217%. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, lettuce and chicory exports surged to $X in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 237%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X tons) was the main destination for lettuce and chicory exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +33.3%.

In value terms, the UK ($X) also remains the key foreign market for lettuce and chicory exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +39.9%.

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, increasing by 50% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 export price increased by +85.8% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +9.5% per year.

Lettuce And Chicory Imports

Imports into Uruguay

In 2022, overseas purchases of lettuce and chicory increased by 45% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, saw a pronounced descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lettuce and chicory imports expanded rapidly to $X in 2022. In general, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of lettuce and chicory to Uruguay, accounting for a 74% share of total imports. Moreover, lettuce and chicory imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Argentina was relatively modest.

In value terms, Argentina ($X) constituted the largest supplier of lettuce and chicory to Uruguay, comprising 90% of total imports. The second position in the ranking was taken by Brazil ($X), with a 9.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina stood at -2.3%.

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, reducing by -22.3% against the previous year. In general, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 22%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Argentina ($X per ton), while the price for Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of lettuce and chicory consumption, 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?

China remains the largest lettuce and chicory producing country worldwide, accounting for 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 Uruguay?

In value terms, Argentina constituted the largest supplier of lettuce and chicory to Uruguay, comprising 71% of total imports. The second position in the ranking was occupied by the United States, with a 17% share of total imports.

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

In value terms, the UK remains the key foreign market for lettuce and chicory exports from Uruguay, comprising 79% of total exports. The second position in the ranking was occupied by Maldives, with a 21% share of total exports.

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

In 2021, the average lettuce and chicory export price amounted to $2,145 per ton, growing by 2.5% against the previous year.

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

In 2021, the average lettuce and chicory import price amounted to $834 per ton, reducing by -29% against the previous year.

This report provides an in-depth analysis of the lettuce and chicory market in Uruguay. 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:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
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