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

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

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Lettuce and Chicory Price in Vietnam - 2022

Contents:

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

Lettuce and Chicory Price in Vietnam (CIF) - 2022

The average lettuce and chicory import price stood at $2,389 per ton in December 2022, approximately mirroring the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 21% month-to-month. Over the period under review, average import prices reached the maximum at $2,418 per ton in March 2022; afterwards, it flattened through to December 2022.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Australia ($2,418 per ton), while the price for China totaled $2,391 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%).

Lettuce and Chicory Price in Vietnam (FOB) - 2022

The average lettuce and chicory export price stood at $1,773 per ton in 2022, surging by 1.5% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 30%. Over the period under review, the average export prices reached the maximum at $2,420 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($2,039 per ton) and Malaysia ($2,037 per ton), while the average price for exports to Taiwan (Chinese) ($1,744 per ton) and Singapore ($1,969 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce and Chicory Imports in Vietnam

In 2022, approx. 2.4K tons of lettuce and chicory were imported into Vietnam; picking up by 208% compared with the previous year. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 278%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lettuce and chicory imports skyrocketed to $5.1M in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 327%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Lettuce and Chicory in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3833331,6974,971135.0%
Australia1.983.411871.3234.8%
Others1.711.69.612.695.0%
Total3864281,8255,055135.7%

Top Suppliers of Lettuce and Chicory to Vietnam in 2022:

  1. China (2413.2 tons)
  2. Australia (29.5 tons)

Lettuce and Chicory Exports in Vietnam

In 2022, exports of lettuce and chicory from Vietnam soared to 1.3K tons, picking up by 58% against 2021 figures. Over the period under review, exports posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, lettuce and chicory exports surged to $2.3M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 95%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Lettuce and Chicory in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1,0575519862,00323.7%
Malaysia2.315.230.3169318.8%
Singapore3.86.17.953.1140.9%
South Korea14310627113.3-54.7%
Others27.648.812643.516.4%
Total1,2347271,4212,28122.7%

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

  1. Taiwan (Chinese) (1148.0 tons)
  2. Malaysia (82.9 tons)
  3. Singapore (27.0 tons)
  4. South Korea (6.5 tons)

Source: IndexBox Market Intelligence Platform

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

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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 83

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 6414

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 2412

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 83

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 6414

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 2412

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 - Vietnam