Asia-Pacific: Leek Market 2022

Leek Market Size in Asia-Pacific

In 2021, the Asia-Pacific leek market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Leek Production in Asia-Pacific

In value terms, leek production rose remarkably to $X in 2021 estimated in export prices. The total production indicated tangible growth from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Indonesia (X tonnes) remains the largest leek producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, South Korea (X tonnes), fourfold. China (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in Indonesia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: South Korea (+X% per year) and China (+X% per year).

In 2021, the average yield of leeks and other alliaceous vegetables in Asia-Pacific declined modestly to X tonnes per ha, approximately equating the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X% y-o-y. Over the period under review, the leek yield reached the maximum level at X tonnes per ha in 2015; however, from 2016 to 2021, 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.

The leek harvested area totaled X ha in 2021, growing by X% compared with the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to leek production reached the maximum in 2021 and is expected to retain growth in the near future.

Production By Country in Asia-Pacific

Indonesia (X tonnes) constituted the country with the largest volume of leek production, accounting for X% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, South Korea (X tonnes), fourfold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

In Indonesia, leek production remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China (+X% per year).

Leek Exports

Exports in Asia-Pacific

In 2021, approx. X tonnes of leeks and other alliaceous vegetables were exported in Asia-Pacific; falling by -X% against the previous year. Total exports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, leek exports surged to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China dominates leek exports structure, finishing at X tonnes, which was approx. X% of total exports in 2021. India (X tonnes) ranks second in terms of the total exports with an X% share, followed by Malaysia (X%).

China experienced a relatively flat trend pattern with regard to volume of exports of leeks and other alliaceous vegetables. At the same time, India (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2012-2021. percentage points. China (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest leek supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The leek export price in Asia-Pacific stood at $X per tonne in 2021, jumping by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The level of export peaked at $X per tonne in 2017; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was India ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced more modest paces of growth.

Leek Imports

Imports in Asia-Pacific

In 2021, supplies from abroad of leeks and other alliaceous vegetables decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, leek imports rose to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Japan prevails in leek imports structure, amounting to X tonnes, which was approx. X% of total imports in 2021. Malaysia (X tonnes) held an X% share (based on tonnes) of total imports, which put it in second place, followed by South Korea (X%), Singapore (X%) and Thailand (X%). The following importers - Vietnam (X tonnes) and Macao SAR (X tonnes) - each resulted at a X% share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of leeks and other alliaceous vegetables. At the same time, Vietnam (+X%), Thailand (+X%), Singapore (+X%), Malaysia (+X%), Macao SAR (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Thailand and Vietnam increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Japan, leek imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Singapore (+X% per year).

Import Prices by Country

In 2021, the leek import price in Asia-Pacific amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2020 an increase of X% year-to-year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Macao SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform