Asia-Pacific: Leek Market 2024

Leek Market Size in Asia-Pacific

The Asia-Pacific leek market reduced to $X in 2023, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Leek Production in Asia-Pacific

In value terms, leek production expanded slightly to $X in 2023 estimated in export price. The total production indicated measured growth from 2012 to 2023: its value 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 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Indonesia (X tons) remains the largest leek producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, South Korea (X tons), fourfold. China (X tons) ranked third in terms of total production with a X% share.

In Indonesia, leek production remained relatively stable over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: South Korea (X% per year) and China (X% per year).

The average leek yield stood at X tons per ha in 2023, approximately reflecting the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2015; however, from 2016 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The leek harvested area shrank modestly to X ha in 2023, remaining stable against the previous year. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to leek production attained the maximum at X ha in 2022, and then reduced in the following year.

Leek Exports

Exports in Asia-Pacific

In 2023, after two years of decline, there was significant growth in overseas shipments of leeks and other alliaceous vegetables, when their volume increased by X% to X tons. Total exports indicated a perceptible expansion from 2012 to 2023: its volume 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. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, leek exports soared to $X in 2023. Overall, exports showed a relatively flat trend pattern. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Malaysia (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the leeks and other alliaceous vegetables exports, with a CAGR of X% from 2012 to 2023. At the same time, Malaysia (X%) displayed positive paces of growth. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest leek supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in China was relatively modest.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while China amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%).

Leek Imports

Imports in Asia-Pacific

Leek imports surged to X tons in 2023, jumping by X% compared with 2022 figures. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, leek imports declined modestly to $X in 2023. 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 X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Japan (X tons) was the key importer of leeks and other alliaceous vegetables, achieving X% of total imports. Vietnam (X tons) took the second position in the ranking, distantly followed by Thailand (X tons), South Korea (X tons), Singapore (X tons) and Malaysia (X tons). All these countries together held near X% share of total imports. Afghanistan (X tons) held a minor share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of leeks and other alliaceous vegetables. At the same time, Vietnam (X%), Afghanistan (X%), Thailand (X%), Singapore (X%), South Korea (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. Vietnam (X p.p.), Thailand (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

In Japan, leek imports shrank by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, waning by X% against the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform