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

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

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Lettuce and Chicory Price in Myanmar - 2022

Contents:

  1. Lettuce and Chicory Price in Myanmar (FOB) - 2022
  2. Lettuce and Chicory Price in Myanmar (CIF) - 2022
  3. Lettuce and Chicory Exports in Myanmar
  4. Lettuce and Chicory Imports in Myanmar

Lettuce and Chicory Price in Myanmar (FOB) - 2022

In 2022, the average lettuce and chicory export price amounted to $600 per ton, dropping by -61.4% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. The export price peaked at $1,672 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2015 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +55.0% per year.

Lettuce and Chicory Price in Myanmar (CIF) - 2022

In 2022, the average lettuce and chicory import price amounted to $989 per ton, surging by 2.4% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 16%. As a result, import price reached the peak level of $2,286 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($7,211 per ton), while the price for Thailand totaled $988 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.0%).

Lettuce and Chicory Exports in Myanmar

For the third consecutive year, Myanmar recorded growth in overseas shipments of lettuce and chicory, which increased by 1,019% to 20 tons in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lettuce and chicory exports surged to $12K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lettuce and Chicory in Myanmar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Taiwan (Chinese)N/AN/A11.70%
Papua New Guinea2.4N/AN/A0%
ThailandN/A2.7N/A0%
OthersN/AN/AN/A0%
Total2.42.711.7120.8%

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

  1. Taiwan (Chinese) (19.6 tons)

Lettuce and Chicory Imports in Myanmar

For the fourth consecutive year, Myanmar recorded growth in purchases abroad of lettuce and chicory, which increased by 4% to 451 tons in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 507%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lettuce and chicory imports rose rapidly to $446K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 370% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Lettuce and Chicory in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand39.988.2418446123.6%
Others0.41.00.70.40.0%
Total40.389.2419446122.8%

Top Suppliers of Lettuce and Chicory to Myanmar in 2022:

  1. Thailand (451.1 tons)

Source: IndexBox Market Intelligence Platform

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

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • 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 82

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 6413

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 2411

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 1732

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 82

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 6413

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 2411

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 1732

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 - Myanmar