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 $X in 2017, going down by -X% 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 +X% 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 X% y-o-y. The level of leek consumption peaked at $X 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 X tonnes, falling by -X% 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 X tonnes, surging by X% against the previous year. The leek exports continue to indicate a modest increase.'

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

Exports by Country

China dominates leek exports structure, recording X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Turkey (X tonnes), achieving X% share of total exports. Malaysia (X tonnes) and Pakistan (X 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 +X%. At the same time, Pakistan (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Turkey (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia increased by X% percentage points, while Pakistan (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Export Prices by Country

In 2017, the leek export price in Asia amounted to $X per tonne, reducing by -X% 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 ($X per tonne), while Pakistan ($X 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 (+X% 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 X tonnes, picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% 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 $X (IndexBox estimates) in 2017.'

Imports by Country

Japan dominates leek imports structure, recording X tonnes, which was approx. X% of total imports in 2017. South Korea (X tonnes) ranks second in terms of the global imports with a X% share, followed by Malaysia (X%). The following importers - Singapore (X tonnes), China, Macao SAR (X tonnes), Afghanistan (X tonnes) and Vietnam (X tonnes) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to leek imports into Japan stood at +X%. At the same time, Vietnam (+X%), Afghanistan (+X%), China, Macao SAR (+X%), South Korea (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. By contrast, Singapore (-X%) illustrated a downward trend over the same period. Vietnam (-X%), Malaysia (-X%), China, Macao SAR (-X%), Afghanistan (-X%), South Korea (-X%) and Japan (-X%) 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 ($X) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia, comprising X% of global imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global imports. It was followed by Malaysia, with a X% share.

Import Prices by Country

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

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 ($X per kg), while Afghanistan ($X 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 (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform