Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal - 2023
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal (FOB) - 2023
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal (CIF) - 2023
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal (FOB) - 2023
The average export price for fresh or chilled lettuce, other than cabbage lettuce stood at $2,181 per ton in October 2023, picking up by 102% against the previous month. Over the period under review, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was the UK ($4,032 per ton), while the average price for exports to Poland ($480 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal (CIF) - 2023
The average import price for fresh or chilled lettuce, other than cabbage lettuce stood at $1,349 per ton in October 2023, almost unchanged from the previous month. In general, import price indicated mild growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for fresh or chilled lettuce, other than cabbage lettuce decreased by -6.6% against August 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 40% month-to-month. Over the period under review, average import prices hit record highs at $1,548 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($3,296 per ton), while the price for Poland ($1,065 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), 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 Portugal
In 2022, approx. 8.2K tons of fresh or chilled lettuce, other than cabbage lettuce were exported from Portugal; with an increase of 55% compared with the year before. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce reached $7.8M in 2022. In general, exports, however, continue to indicate a abrupt slump.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.0 | 3.6 | 3.9 | 5.0 | 7.7% |
| Germany | 1.6 | 1.9 | 1.5 | 1.5 | -2.1% |
| United Kingdom | 3.2 | 3.4 | 1.0 | 0.7 | -39.7% |
| France | 0.7 | 0.2 | 0.1 | 0.1 | -47.7% |
| Poland | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Others | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Total | 9.7 | 9.2 | 6.9 | 7.8 | -7.0% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Portugal in 2022:
- Spain (6.0K tons)
- Germany (1.8K tons)
- United Kingdom (0.2K tons)
- France (0.1K tons)
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal
In 2022, approx. 7.3K tons of fresh or chilled lettuce, other than cabbage lettuce were imported into Portugal; jumping by 54% on 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +65.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce surged to $7.6M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +64.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.7 | 4.5 | 4.7 | 6.2 | 9.7% |
| Italy | 0.1 | N/A | 0.3 | 0.6 | 81.7% |
| Belgium | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Ireland | N/A | N/A | N/A | 0.2 | 0% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Total | 5.1 | 4.7 | 5.5 | 7.6 | 14.2% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Portugal in 2022:
- Spain (6.4K tons)
- Italy (0.3K tons)
- Ireland (0.2K tons)
- Belgium (0.2K tons)
- Poland (0.1K tons)
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