Southern Asia: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Southern Asia

The South Asian lettuce and chicory market declined slightly to $X in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Lettuce And Chicory Production in Southern Asia

In value terms, lettuce and chicory production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

India (X tons) remains the largest lettuce and chicory producing country in Southern Asia, comprising approx. X% of total volume. Moreover, lettuce and chicory production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in India was relatively modest.

The average lettuce and chicory yield totaled X tons per ha in 2022, approximately mirroring the previous year's figure. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2015; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of lettuce and chicory production in Southern Asia reached X ha, stabilizing at 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to lettuce and chicory production reached the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports in Southern Asia

In 2022, shipments abroad of lettuce and chicory decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, lettuce and chicory exports contracted rapidly to $X in 2022. In general, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, India (X tons) and Bangladesh (X tons) represented the main exporter of lettuce and chicory in Southern Asia, generating X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bangladesh (with a CAGR of X%).

In value terms, the largest lettuce and chicory supplying countries in Southern Asia were Bangladesh ($X) and India ($X).

Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Lettuce And Chicory Imports

Imports in Southern Asia

In 2022, lettuce and chicory imports in Southern Asia soared to X tons, increasing by X% compared with 2021. Overall, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, lettuce and chicory imports soared to $X in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Pakistan was the main importer of lettuce and chicory in Southern Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Maldives (X tons) and Afghanistan (X tons), together making up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X) constitutes the largest market for imported lettuce and chicory in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total imports.

In Maldives, lettuce and chicory imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Afghanistan (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Maldives ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform