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Asia - Leeks And Other Alliaceous Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 19, 2019

Leek Market in Asia - Key Insights

IndexBox has just published a new report, the Asia - Leeks And Other Alliaceous Vegetables - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the leek market in Asia amounted to $1.1B in 2017, going down by -16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.9% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when the market value increased by 20% y-o-y. The level of leek consumption peaked at $1.3B in 2012; however, from 2013 to 2017, consumption failed to regain its momentum.

Production in Asia

In 2017, the amount of leeks and other alliaceous vegetables produced in Asia totaled 1.2M tonnes, falling by -3.1% against the previous year. The leek production continues to indicate a relatively flat trend pattern.

Leek Exports

Exports in Asia

In 2017, exports of leeks and other alliaceous vegetables in Asia amounted to 75K tonnes, surging by 17% against the previous year. The leek exports continue to indicate a modest increase. 

In value terms, leek exports amounted to $70M (IndexBox estimates) in 2017. 

Exports by Country

China dominates leek exports structure, recording 62K tonnes, which was approx. 82% of total exports in 2017. It was distantly followed by Turkey (5.1K tonnes), achieving 6.8% share of total exports. Malaysia (2.8K tonnes) and Pakistan (2.4K tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to leek exports from China stood at +2.3%. At the same time, Pakistan (+65.4%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing exporter in Asia, with a CAGR of +65.4% from 2007-2017. By contrast, Turkey (-1.5%) and Malaysia (-5.6%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia increased by 2.9% percentage points, while Pakistan (-3.1%) and China (-16.5%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($54M) remains the largest leek supplier in Asia, comprising 78% of global exports. The second position in the ranking was occupied by Turkey ($3.2M), with a 4.6% share of global exports. It was followed by Malaysia, with a 3.3% share.

Export Prices by Country

In 2017, the leek export price in Asia amounted to $925 per tonne, reducing by -17.3% against the previous year. The the leek export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($882 per tonne), while Pakistan ($395 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+3.8% per year), while the other leaders experienced more modest paces of growth.

Leek Imports
Imports in Asia

In 2017, imports of leeks and other alliaceous vegetables in Asia amounted to 92K tonnes, picking up by 13% against the previous year. The total import volume increased at an average annual rate of +1.9% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, leek imports stood at $104M (IndexBox estimates) in 2017. 

Imports by Country

Japan dominates leek imports structure, recording 63K tonnes, which was approx. 69% of total imports in 2017. South Korea (8.4K tonnes) ranks second in terms of the global imports with a 9.2% share, followed by Malaysia (6.2%). The following importers - Singapore (3.8K tonnes), China, Macao SAR (2.6K tonnes), Afghanistan (1.9K tonnes) and Viet Nam (1.5K tonnes) together made up 11% of total imports.

From 2007 to 2017, average annual rates of growth with regard to leek imports into Japan stood at +1.3%. At the same time, Viet Nam (+86.2%), Afghanistan (+79.8%), China, Macao SAR (+13.8%), South Korea (+13.0%) and Malaysia (+4.1%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest growing importer in Asia, with a CAGR of +86.2% from 2007-2017. By contrast, Singapore (-2.2%) illustrated a downward trend over the same period. Viet Nam (-1.6%), Malaysia (-2%), China, Macao SAR (-2%), Afghanistan (-2.1%), South Korea (-6.5%) and Japan (-8.6%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($79M) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia, comprising 76% of global imports. The second position in the ranking was occupied by Singapore ($6.4M), with a 6.1% share of global imports. It was followed by Malaysia, with a 5.2% share.

Import Prices by Country

The leek import price in Asia stood at $1.1 per kg in 2017, reducing by -14.6% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +2.3%.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($1.7 per kg), while Afghanistan ($399 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+7.2% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 407 - Leeks and other alliaceous vegetables

This report provides an in-depth analysis of the leek market in Asia. 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 2025.


Country coverage:
• Taiwan, Chinese

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007-2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2018
Figure 5:
Trade Balance, In Physical Terms, 2007-2018
Figure 6:
Trade Balance, In Value Terms, 2007-2018
Figure 7:
Per Capita Consumption, 2007-2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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