Republic of Korea - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights

Republic of Korea - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Lettuce And Chicory Market Overview 2019

Lettuce And Chicory Market Size in Republic of Korea

The revenue of the lettuce and chicory market in South Korea amounted to $X in 2017, lowering by -X% against the previous year. Overall, lettuce and chicory consumption continues to indicate a deep contraction. The growth pace was the most rapid in 2009, with an increase of X% year-to-year. Over the period under review, the lettuce and chicory market attained its maximum level of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Lettuce And Chicory Production in Republic of Korea

In 2017, lettuce and chicory production in South Korea stood at X tonnes, going down by -X% against the previous year. Overall, lettuce and chicory production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Over the period under review, the lettuce and chicory production reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Lettuce and chicory output in South Korea indicated an abrupt descent, which was largely conditioned by a drastic descent of the harvested area and a mild setback in yield figures.

Average yield of lettuce and chicory in South Korea stood at X tonne per ha in 2017, jumping by X% against the previous year. Overall, lettuce and chicory yield continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. South Korea lettuce and chicory yield peaked of X tonne per ha in 2007; however, from 2008 to 2017, it failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of lettuce and chicory were harvested in South Korea; waning by -X% against the previous year. Overall, lettuce and chicory harvested area continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. In that year, the lettuce and chicory harvested area attained their peak figure of X ha. From 2010 to 2017, growth of the lettuce and chicory harvested area stood at a somewhat lower level.

Lettuce And Chicory Exports

Exports from Republic of Korea

In 2017, lettuce and chicory exports from South Korea amounted to X tonnes, growing by X% against the previous year. In general, lettuce and chicory exports continue to indicate a skyrocketing increase. The growth pace was the most rapid in 2014, with an increase of X% year-to-year. Over the period under review, the lettuce and chicory exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, lettuce and chicory exports amounted to $X in 2017. In general, lettuce and chicory exports continue to indicate an outstanding increase. Over the period under review, the lettuce and chicory exports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Exports by Country

Spain was the largest exporting countries with an export of around X tonnes, which accounted for X% of total exports. The U.S. (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Mexico (X%), the Netherlands (X%) and Italy (X%). China (X tonnes), Belgium (X tonnes), France (X tonnes), Germany (X tonnes) and Canada (X tonnes) followed a long way behind the leaders.

Exports from Spain increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mexico (+X%), China (+X%), Canada (+X%), Germany (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, the U.S. (-X%), Belgium (-X%) and France (-X%) illustrated a downward trend over the same period. The U.S. (X%) significantly strengthened its position in terms of the global exports, while China, Mexico and Spain saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lettuce and chicory markets worldwide were Spain ($X), the U.S. ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Italy, Mexico, Belgium, China, France, Germany, Canada and South Korea, which together accounted for a further X%.

South Korea (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the lettuce and chicory export price in South Korea amounted to $X per tonne, waning by -X% against the previous year. Overall, lettuce and chicory export price continues to indicate a deep deduction. The growth pace was the most rapid in 2012, an increase of X% against the previous year. Over the period under review, the export prices for lettuce and chicory reached its peak figure level of $X per tonne in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Italy ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Republic of Korea

Lettuce and chicory imports into South Korea amounted to X tonnes in 2017, reducing by -X% against the previous year. In general, lettuce and chicory imports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2009, when imports increased by X% year-to-year. Over the period under review, the lettuce and chicory imports attained its peak figure volume of X tonnes in 2016, and then declined slightly in the following year.

In value terms, lettuce and chicory imports stood at $X in 2017. Overall, lettuce and chicory imports continue to indicate a strong increase. South Korea imports peaked of $X in 2016, and then declined slightly in the following year.

Imports by Country

In 2017, Germany (X tonnes), Canada (X tonnes), the UK (X tonnes) and the U.S. (X tonnes) were the major importers of lettuce and chicory in the world, committing X% of total import. France (X tonnes) ranks second in terms of the global imports with a X% share, followed by Italy (X%) and the Netherlands (X%). China, Hong Kong SAR (X tonnes), Poland (X tonnes), Belgium (X tonnes), Russia (X tonnes) and Sweden (X tonnes) held the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest lettuce and chicory markets worldwide were Germany ($X), Canada ($X) and the U.S. ($X), with a combined X% share of total imports. The UK, France, the Netherlands, Italy, Belgium, Poland, Sweden, China, Hong Kong SAR, Russia and South Korea lagged somewhat behind, together accounting for a further X%.

Russia (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The lettuce and chicory import price in South Korea stood at $X per tonne in 2017, reducing by -X% against the previous year. Overall, lettuce and chicory import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. South Korea import price peaked of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Canada ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Product coverage:
FCL 372 - Lettuce and chicory.

This report provides an in-depth analysis of the lettuce and chicory market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Country coverage: Republic of Korea.

Data coverage:
• Market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Trade (exports and imports) in Republic of Korea;
• Export and import prices;
• Market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY AND AI PLATFORM
1.3 DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4 GLOSSARY AND SPECIFIC TERMS

2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1 KEY FINDINGS
2.2 MARKET TRENDS

3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1 MARKET SIZE
3.2 MARKET STRUCTURE
3.3 TRADE BALANCE
3.4 PER CAPITA CONSUMPTION
3.5 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS
Finding New Products to Diversify Your Business
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2 BEST-SELLING PRODUCTS
4.3 MOST CONSUMED PRODUCT
4.4 MOST TRADED PRODUCT
4.5 MOST PROFITABLE PRODUCT FOR EXPORT

5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2 TOP PRODUCING COUNTRIES
5.3 COUNTRIES WITH TOP YIELDS
5.4 TOP EXPORTING COUNTRIES
5.5 LOW-COST EXPORTING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION
6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2 TOP CONSUMING MARKETS
6.3 UNSATURATED MARKETS
6.4 TOP IMPORTING MARKETS
6.5 MOST PROFITABLE MARKETS

7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1 PRODUCTION, HARVESTED AREA AND YIELD

8. IMPORTS
The Largest Import Supplying Countries
8.1 IMPORTS FROM 2007–2017
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY

9. EXPORTS
The Largest Destinations for Exports
9.1 EXPORTS FROM 2007–2017
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY

10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
NOTE: THIS CHAPTER IS AVAILABLE ONLY FOR PROFESSIONAL EDITION

LIST OF TABLES
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007–2017
Table 3: Market Value, 2007–2017
Table 4: Per Capita Consumption In 2007-2017
Table 5: Imports, In Physical Terms, By Country, 2007–2017
Table 6: Imports, In Value Terms, By Country, 2007–2017
Table 7: Import Prices, By Country Of Origin, 2007–2017
Table 8: Exports, In Physical Terms, By Country, 2007–2017
Table 9: Exports, In Value Terms, By Country, 2007–2017
Table 10: Export Prices, By Country Of Destination, 2007–2017

LIST OF FIGURES
Figure 1: Market Volume, In Physical Terms, 2007–2017
Figure 2: Market Value, 2007–2017
Figure 3: Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2017
Figure 4: Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2017
Figure 5: Trade Balance, In Physical Terms, 2007-2017
Figure 6: Trade Balance, In Value Terms, 2007-2017
Figure 7: Per Capita Consumption, 2007-2017
Figure 8: Market Forecast To 2025
Figure 9: Products: Market Size And Growth, By Type
Figure 10: Products: Average Per Capita Consumption, By Type
Figure 11: Products: Exports And Growth, By Type
Figure 12: Products: Export Prices And Growth, By Type
Figure 13: Production Volume And Growth
Figure 14: Yield And Growth
Figure 15: Exports And Growth
Figure 16: Export Prices And Growth
Figure 17: Market Size And Growth
Figure 18: Per Capita Consumption
Figure 19: Imports And Growth
Figure 20: Import Prices
Figure 21: Production, In Physical Terms, 2007–2017
Figure 22: Production, In Value Terms, 2007–2017
Figure 23: Area Harvested, 2007–2017
Figure 24: Yield, 2007–2017
Figure 25: Imports, In Physical Terms, 2007–2017
Figure 26: Imports, In Value Terms, 2007–2017
Figure 27: Imports, In Physical Terms, By Country, 2017
Figure 28: Imports, In Physical Terms, By Country, 2007–2017
Figure 29: Imports, In Value Terms, By Country, 2007–2017
Figure 30: Import Prices, By Country Of Origin, 2007–2017
Figure 31: Exports, In Physical Terms, 2007–2017
Figure 32: Exports, In Value Terms, 2007–2017
Figure 33: Exports, In Physical Terms, By Country, 2017
Figure 34: Exports, In Physical Terms, By Country, 2007–2017
Figure 35: Exports, In Value Terms, By Country, 2007–2017
Figure 36: Export Prices, By Country Of Destination, 2007–2017

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