Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand - 2024
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand (CIF) - 2024
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand (FOB) - 2024
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand (CIF) - 2024
In January 2024, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $593 per ton, picking up by 2.5% against the previous month. Overall, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 7.8% against the previous month. The import price peaked at $773 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -2.1% per month.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand (FOB) - 2024
In January 2024, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $789 per ton, surging by 5.9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 8.1% m-o-m. The export price peaked at $791 per ton in October 2023; however, from November 2023 to January 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($869 per ton), while the average price for exports to Singapore ($314 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+2.6%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand
For the fourth consecutive year, Thailand recorded growth in purchases abroad of fresh or chilled lettuce, other than cabbage lettuce, which increased by 107% to 17K tons in 2022. In general, imports enjoyed significant growth. As a result, imports attained 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 soared to $9.2M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.1 | 2.3 | 3.4 | 7.9 | 92.9% |
| Others | 0.8 | 0.7 | 0.8 | 1.2 | 14.5% |
| Total | 1.9 | 3.0 | 4.2 | 9.2 | 69.2% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Thailand in 2022:
- China (16.7K tons)
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand
In 2022, approx. 5.3K tons of fresh or chilled lettuce, other than cabbage lettuce were exported from Thailand; rising by 91% on the previous year. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,150%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce soared to $4.5M in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 509%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 42.3 | 798 | 1,540 | 3,033 | 315.4% |
| Myanmar | 7.5 | 40.8 | 315 | 722 | 358.3% |
| Cambodia | 0.5 | 2.0 | 0.5 | 671 | 1003.0% |
| Singapore | 16.8 | 25.6 | 31.4 | 33.2 | 25.5% |
| Others | 79.8 | 27.2 | 91.1 | 58.9 | -9.6% |
| Total | 147 | 894 | 1,977 | 4,518 | 213.2% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Thailand in 2022:
- Malaysia (3.7K tons)
- Myanmar (0.8K tons)
- Cambodia (0.6K tons)
- Singapore (0.1K tons)
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