Malaysia - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Malaysia - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Lettuce and Chicory Price in Malaysia - 2021

Contents:

  1. Lettuce and Chicory Price in Malaysia (FOB) - 2021
  2. Lettuce and Chicory Price in Malaysia (CIF) - 2021
  3. Lettuce and Chicory Exports in Malaysia
  4. Lettuce and Chicory Imports in Malaysia

Lettuce and Chicory Price in Malaysia (FOB) - 2021

In December 2021, the average lettuce and chicory export price amounted to $1,550 per ton, with an increase of 13% against the previous month. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $1,588 per ton in February 2021; afterwards, it flattened through to December 2021.

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

From December 2020 to December 2021, the rate of growth in terms of prices for Singapore amounted to +0.6% per month.

Lettuce and Chicory Price in Malaysia (CIF) - 2021

The average lettuce and chicory import price stood at $874 per ton in December 2021, surging by 69% against the previous month. In general, import price indicated mild growth from December 2020 to December 2021: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, lettuce and chicory import price increased by +70.1% against October 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($5,684 per ton), while the price for Thailand ($172 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Australia (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Lettuce and Chicory Exports in Malaysia

In 2022, shipments abroad of lettuce and chicory was finally on the rise to reach 14K tons after two years of decline. In general, exports, however, showed a slight shrinkage.

In value terms, lettuce and chicory exports expanded remarkably to $19M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.

Export of Lettuce and Chicory in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore17.319.317.218.93.0%
Taiwan (Chinese)0.30.20.10.30.0%
Others0.70.30.20.1-47.7%
Total18.219.817.519.32.0%

Top Export Markets for Lettuce and Chicory from Malaysia in 2022:

  1. Singapore (13.6K tons)
  2. Taiwan (Chinese) (0.4K tons)

Lettuce and Chicory Imports in Malaysia

In 2022, lettuce and chicory imports into Malaysia contracted dramatically to 4.9K tons, declining by -23.5% against the previous year. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 22%.

In value terms, lettuce and chicory imports contracted markedly to $4.6M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of $5.9M, and then reduced notably in the following year.

Import of Lettuce and Chicory in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.62.53.03.16.0%
Thailand1.30.91.50.7-18.6%
Australia0.70.71.10.4-17.0%
VietnamN/AN/A0.10.3200.0%
Others0.10.10.10.226.0%
Total4.64.35.94.60.0%

Top Suppliers of Lettuce and Chicory to Malaysia in 2022:

  1. Thailand (2389.2 tons)
  2. China (2154.5 tons)
  3. Vietnam (115.5 tons)
  4. Australia (63.9 tons)

Source: IndexBox Market Intelligence Platform

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

  • Malaysia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Malaysia
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
Store
Blog
Event
Best Import Markets for Lettuce and Chicory Worldwide
Apr 4, 2024
Eye 80

Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.

Which Country Consumes the Most Lettuce and Chicory in the World?
Feb 9, 2018
Eye 6407

Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.

Which Country Produces the Most Lettuce and Chicory in the World?
Oct 30, 2017
Eye 2407

In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.

Lettuce Market - the U.S. Exports on Lettuce and Chicory down by 4% in 2014
Sep 2, 2015
Eye 1729

Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad

Best Import Markets for Lettuce and Chicory Worldwide
Apr 4, 2024
Eye 80

Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.

Which Country Consumes the Most Lettuce and Chicory in the World?
Feb 9, 2018
Eye 6407

Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.

Which Country Produces the Most Lettuce and Chicory in the World?
Oct 30, 2017
Eye 2407

In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.

Lettuce Market - the U.S. Exports on Lettuce and Chicory down by 4% in 2014
Sep 2, 2015
Eye 1729

Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad

Free Data: Lettuce And Chicory - Malaysia