Serbia - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLettuce and Chicory Price in Serbia - 2023
Contents:
- Lettuce and Chicory Price in Serbia (CIF) - 2023
- Lettuce and Chicory Price in Serbia (FOB) - 2022
- Lettuce and Chicory Imports in Serbia
- Lettuce and Chicory Exports in Serbia
Lettuce and Chicory Price in Serbia (CIF) - 2023
In September 2023, the average lettuce and chicory import price amounted to $1,602 per ton, waning by -13.3% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 30% m-o-m. As a result, import price attained the peak level of $1,847 per ton, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,405 per ton), while the price for France ($1,144 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lettuce and Chicory Price in Serbia (FOB) - 2022
The average lettuce and chicory export price stood at $1,257 per ton in 2022, surging by 17% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 59% against the previous year. The export price peaked at $1,400 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($2,935 per ton), while the average price for exports to Hungary ($596 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Lettuce and Chicory Imports in Serbia
In 2022, approx. 3.4K tons of lettuce and chicory were imported into Serbia; with an increase of 12% on the previous year's figure. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, lettuce and chicory imports surged to $4.9M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Lettuce and Chicory in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,222 | 1,502 | 1,857 | 1,918 | 16.2% |
Italy | 1,076 | 944 | 1,036 | 1,606 | 14.3% |
Poland | 318 | 216 | 378 | 508 | 16.9% |
Netherlands | 312 | 370 | 282 | 251 | -7.0% |
France | N/A | 74.2 | 125 | 241 | 80.2% |
Greece | 5.3 | 1.1 | 104 | 201 | 236.0% |
Croatia | N/A | 113 | 89.5 | 19.8 | -58.1% |
Others | 261 | 78.2 | 263 | 122 | -22.4% |
Total | 3,194 | 3,299 | 4,134 | 4,866 | 15.1% |
Top Suppliers of Lettuce and Chicory to Serbia in 2022:
- Spain (1462.8 tons)
- Italy (816.8 tons)
- Poland (428.9 tons)
- France (256.9 tons)
- Greece (170.8 tons)
- Netherlands (152.7 tons)
- Croatia (25.6 tons)
Lettuce and Chicory Exports in Serbia
In 2022, approx. 1.8K tons of lettuce and chicory were exported from Serbia; therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +14.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, lettuce and chicory exports soared to $2.2M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Lettuce and Chicory in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 598 | 924 | 950 | 880 | 13.7% |
Russia | 852 | 1,294 | 647 | 804 | -1.9% |
Montenegro | 26.2 | 89.4 | 143 | 206 | 98.8% |
Poland | 122 | 42.7 | 100 | 129 | 1.9% |
Belarus | 1.6 | N/A | 0.3 | 97.2 | 293.1% |
North Macedonia | 1.1 | 1.8 | 38.3 | 96.6 | 344.5% |
Hungary | N/A | N/A | N/A | 16.1 | 0% |
Others | 19.4 | 21.8 | 29.9 | 19.3 | -0.2% |
Total | 1,620 | 2,374 | 1,910 | 2,247 | 11.5% |
Top Export Markets for Lettuce and Chicory from Serbia in 2022:
- Romania (1067.0 tons)
- Russia (374.7 tons)
- Poland (142.7 tons)
- Montenegro (73.1 tons)
- Belarus (43.4 tons)
- North Macedonia (32.9 tons)
- Hungary (27.0 tons)
This report provides an in-depth analysis of the lettuce and chicory market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lettuce and chicory market in Serbia.
This report provides an in-depth analysis of the global lettuce and chicory market.
This report provides an in-depth analysis of the lettuce and chicory market in Serbia.
This report provides an in-depth analysis of the global lettuce and chicory market.
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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.
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
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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.
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