Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia - 2022

Contents:

  1. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia (FOB) - 2022
  2. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia (CIF) - 2022
  3. Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia
  4. Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia (FOB) - 2022

In 2022, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $1,041 per ton, with an increase of 2.4% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled lettuce, other than cabbage lettuce increased by +42.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,164 per ton in 2018; however, from 2019 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 Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +6.5% per year.

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia (CIF) - 2022

The average import price for fresh or chilled lettuce, other than cabbage lettuce stood at $4,729 per ton in 2022, rising by 18% against the previous year. In general, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 125%. Over the period under review, average import prices hit record highs at $6,109 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($4,872 per ton), while the price for China amounted to $2,495 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia

In 2022, overseas shipments of fresh or chilled lettuce, other than cabbage lettuce decreased by -10.7% to 920 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 2.2% against the previous year. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce dropped to $957K in 2022. In general, exports recorded a abrupt descent. The smallest decline of -8.4% was in 2020.

Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1,2801,0841,010947-9.6%
Taiwan (Chinese)11024836.3N/A-42.6%
Others70.14.81.09.5-48.6%
Total1,4591,3371,047957-13.1%

Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Indonesia in 2022:

  1. Singapore (917.3 tons)

Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia

In 2022, approx. 10 tons of fresh or chilled lettuce, other than cabbage lettuce were imported into Indonesia; with a decrease of -43.1% against 2021. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year.

In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce contracted notably to $47K in 2022. Over the period under review, imports saw a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 707% against the previous year.

Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1216.070.645.9-27.6%
China11.62.4N/A1.5-49.4%
Others5.20.4N/AN/A-92.3%
Total1388.870.647.4-30.0%

Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Indonesia in 2022:

  1. Australia (9.4 tons)
  2. China (0.6 tons)

Source: IndexBox Market Intelligence Platform

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