Asia: Leek Market 2023

Leek Market Size in Asia

The Asian leek market reduced to $X in 2022, declining by -2.1% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Leek Production in Asia

In value terms, leek production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 29%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Indonesia (X tons) constituted the country with the largest volume of leek production, accounting for 45% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, Turkey (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume in Indonesia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Turkey (-0.4% per year) and South Korea (+0.8% per year).

In 2022, the average leek yield in Asia was estimated at X tons per ha, almost unchanged from the previous year. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 4.2% against the previous year. Over the period under review, the leek yield attained the maximum level at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of leeks and other alliaceous vegetables production in Asia was estimated at X ha, remaining constant against the previous year. In general, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by 4.6%. Over the period under review, the harvested area dedicated to leek production reached the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Leek Exports

Exports in Asia

For the third consecutive year, Asia recorded growth in overseas shipments of leeks and other alliaceous vegetables, which increased by 3.5% to X tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2015 with an increase of 24%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, leek exports reduced dramatically to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 22% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped sharply in the following year.

Exports by Country

China represented the key exporting country with an export of about X tons, which finished at 43% of total exports. It was distantly followed by Kyrgyzstan (X tons), Uzbekistan (X tons) and Turkey (X tons), together mixing up a 50% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +88.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest leek supplier in Asia, comprising 64% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 9.6% share of total exports. It was followed by Kyrgyzstan, with an 8.4% share.

In China, leek exports contracted by an average annual rate of -2.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (+70.5% per year) and Kyrgyzstan (+55.2% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, waning by -30% against the previous year. In general, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by 15%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the other leaders experienced more modest paces of growth.

Leek Imports

Imports in Asia

In 2022, purchases abroad of leeks and other alliaceous vegetables increased by 1.1% to X tons, rising for the second year in a row after five years of decline. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 36%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, leek imports reduced to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 47%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons) represented the largest importer of leeks and other alliaceous vegetables, generating 47% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 15% share, followed by Vietnam (13%) and Malaysia (6.6%). The following importers - Singapore (X tons), Thailand (X tons) and South Korea (X tons) - together made up 10% of total imports.

Imports into Japan decreased at an average annual rate of -1.6% from 2012 to 2022. At the same time, Vietnam (+85.9%), Kazakhstan (+45.2%), Thailand (+15.7%), Malaysia (+4.2%) and Singapore (+2.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of +85.9% from 2012-2022. By contrast, South Korea (-5.5%) illustrated a downward trend over the same period. Kazakhstan (+14 p.p.), Vietnam (+13 p.p.) and Thailand (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Japan saw its share reduced by -3.3% and -23.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia, comprising 59% of total imports. The second position in the ranking was held by Vietnam ($X), with a 9% share of total imports. It was followed by Singapore, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value in Japan amounted to -2.5%. In the other countries, the average annual rates were as follows: Vietnam (+72.0% per year) and Singapore (+4.0% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, with a decrease of -11.6% against the previous year. In general, the import price recorded a perceptible reduction. The growth pace was the most rapid in 2013 when the import price increased by 8.2%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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