China: Leek Market 2023

Leek Market Size in China

In 2021, after four years of decline, there was significant growth in the Chinese leek market, when its value increased by 17% to $X. Overall, consumption, however, recorded a mild contraction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Leek Production in China

In value terms, leek production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a mild setback. The pace of growth appeared the most rapid in 2015 with an increase of 25% against the previous year. Leek production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

In 2021, the average yield of leeks and other alliaceous vegetables in China contracted to X tons per ha, approximately mirroring 2020 figures. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 4% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the average leek yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the leek harvested area in China declined to X ha, remaining relatively unchanged against 2020 figures. Overall, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 6.3% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2021, the growth of the leek harvested area remained at a somewhat lower figure.

Leek Exports

Exports from China

In 2021, leek exports from China shrank to X tons, dropping by -14.7% on 2020 figures. The total export volume increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, leek exports rose sharply to $X in 2021. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 26%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Japan (X tons), Vietnam (X tons) and South Korea (X tons) were the main destinations of leek exports from China, together comprising 87% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +107.3%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for leek exports from China, comprising 59% of total exports. The second position in the ranking was taken by Vietnam ($X), with an 18% share of total exports. It was followed by South Korea, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Japan stood at -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+90.7% per year) and South Korea (+14.8% per year).

Export Prices by Country

The average leek export price stood at $X per ton in 2021, rising by 32% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leek Imports

Imports into China

In 2021, approx. X tons of leeks and other alliaceous vegetables were imported into China; increasing by 5.5% compared with the year before. Overall, imports enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 212%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, leek imports reduced remarkably to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 153% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X tons), Vietnam (X tons) and Brazil (X tons) were the main suppliers of leek imports to China, together comprising 100% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +65.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Vietnam ($X) and Thailand ($X) appeared to be the largest leek suppliers to China, together comprising 98% of total imports.

Brazil, with a CAGR of +44.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average leek import price stood at $X per ton in 2021, reducing by -21.6% against the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2020 an increase of 255% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+119.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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