Saudi Arabia: Lettuce And Chicory Market Overview 2021

Lettuce And Chicory Market Size in Saudi Arabia

The Saudi lettuce and chicory market skyrocketed to $X in 2019, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the immediate term.

Lettuce And Chicory Exports

Exports from Saudi Arabia

In 2019, overseas shipments of lettuce and chicory decreased by -X% to X tonnes, falling for the third year in a row after ten years of growth. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, lettuce and chicory exports dropped rapidly to $X in 2019. In general, exports posted noticeable growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

Kuwait (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of lettuce and chicory exports from Saudi Arabia, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in the United Arab Emirates.

In value terms, Kuwait ($X) remains the key foreign market for lettuce and chicory exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Kuwait amounted to +X%.

Export Prices by Country

In 2019, the average lettuce and chicory export price amounted to $X per tonne, jumping by X% against the previous year. In general, export price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lettuce and chicory export price increased by +X% against 2014 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Kuwait ($X per tonne), while the average price for exports to the United Arab Emirates amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait.

Lettuce And Chicory Imports

Imports into Saudi Arabia

In 2019, overseas purchases of lettuce and chicory increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, lettuce and chicory imports rose significantly to $X in 2019. Over the period under review, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

Spain (X tonnes), Egypt (X tonnes) and Lebanon (X tonnes) were the main suppliers of lettuce and chicory imports to Saudi Arabia, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lettuce and chicory suppliers to Saudi Arabia were Spain ($X), Lebanon ($X) and the Netherlands ($X), together accounting for X% of total imports.

Among the main suppliers, Spain (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average lettuce and chicory import price amounted to $X per tonne, remaining stable against the previous year. Over the period under review, the import price, however, posted a strong expansion. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Jordan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Lebanon, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lettuce and chicory in the world?

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The country with the largest volume of lettuce and chicory consumption was China (16M tonnes), comprising approx. 56% of total volume. Moreover, lettuce and chicory consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.6M tonnes), fourfold. The third position in this ranking was occupied by India (1.3M tonnes), with a 4.3% share.

What are the largest producers of lettuce and chicory in the world?

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China (16M tonnes) remains the largest lettuce and chicory producing country worldwide, accounting for 56% of total volume. Moreover, lettuce and chicory production in China exceeded the figures recorded by the second-largest producer, the U.S. (3.7M tonnes), fourfold. India (1.3M tonnes) ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of lettuce and chicory to Saudi Arabia?

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In value terms, the largest lettuce and chicory suppliers to Saudi Arabia were Spain ($12M), Lebanon ($7.1M) and the Netherlands ($6.9M), together comprising 66% of total imports.

What are the leading importers of lettuce and chicory from Saudi Arabia?

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In value terms, Kuwait ($1.1M) remains the key foreign market for lettuce and chicory exports from Saudi Arabia, comprising 76% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($321K), with a 23% share of total exports.

What is the average export price for lettuce and chicory in Saudi Arabia?

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In 2019, the average lettuce and chicory export price amounted to $886 per tonne, jumping by 60% against the previous year.

What is the average import price for lettuce and chicory in Saudi Arabia?

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In 2019, the average lettuce and chicory import price amounted to $1,232 per tonne, leveling off at the previous year.