Australia: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Australia

The Australian lettuce and chicory market reduced to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Lettuce And Chicory Production in Australia

In value terms, lettuce and chicory production reduced to $X in 2022 estimated in export price. In general, the total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

The average yield of lettuce and chicory in Australia expanded significantly to X tons per ha in 2022, surging by X% on the year before. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the average lettuce and chicory yield hit record highs at X tons per ha in 2013; however, from 2014 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 lettuce and chicory harvested area in Australia shrank to X ha, waning by X% compared with the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the harvested area increased by X% against the previous year. The lettuce and chicory harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area failed to regain momentum.

Lettuce And Chicory Exports

Exports from Australia

Lettuce and chicory exports from Australia declined to X tons in 2022, reducing by X% against the previous year. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, lettuce and chicory exports contracted sharply to $X in 2022. Over the period under review, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for lettuce and chicory exports from Australia, with a X% share of total exports. Moreover, lettuce and chicory exports to Singapore exceeded the volume sent to the second major destination, New Caledonia (X tons), threefold. The third position in this ranking was held by Hong Kong SAR (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (X% per year) and Hong Kong SAR (X% per year).

In value terms, Singapore ($X) remains the key foreign market for lettuce and chicory exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Thailand (X% per year).

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lettuce and chicory export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Australia

Lettuce and chicory imports into Australia soared to X tons in 2022, growing by X% compared with the previous year's figure. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lettuce and chicory imports soared to $X in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons) and New Zealand (X tons) were the main suppliers of lettuce and chicory imports to Australia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%).

In value terms, New Zealand ($X) constituted the largest supplier of lettuce and chicory to Australia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from New Zealand stood at X%.

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, waning by X% against the previous year. In general, the import price showed a slight reduction. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform