ASEAN: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in ASEAN

After five years of growth, the ASEAN lettuce and chicory market decreased by X% to $X in 2023. The total consumption indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2017 indices. Over the period under review, the market hit record highs at $X in 2022, and then declined in the following year.

Lettuce And Chicory Production in ASEAN

In value terms, lettuce and chicory production rose rapidly to $X in 2023 estimated in export price. The total production indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Malaysia (X tons) constituted the country with the largest volume of lettuce and chicory production, accounting for X% of total volume. Moreover, lettuce and chicory production in Malaysia exceeded the figures recorded by the second-largest producer, Thailand (X tons), threefold. The Philippines (X tons) ranked third in terms of total production with a X% share.

In Malaysia, lettuce and chicory production increased at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Thailand (X% per year) and the Philippines (X% per year).

In 2023, the average yield of lettuce and chicory in ASEAN reduced to X tons per ha, waning by X% against the previous year's figure. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the lettuce and chicory yield attained the maximum level at X tons per ha in 2016; however, from 2017 to 2023, the yield stood 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.

The lettuce and chicory harvested area shrank to X ha in 2023, falling by X% compared with the previous year. The total harvested area indicated noticeable growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lettuce and chicory harvested area increased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of harvested area peaked at X ha in 2022, and then reduced in the following year.

Lettuce And Chicory Exports

Exports in ASEAN

In 2023, lettuce and chicory exports in ASEAN expanded slightly to X tons, rising by X% on 2022. Total exports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, lettuce and chicory exports rose to $X in 2023. Total exports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

Exports by Country

Malaysia was the main exporter of lettuce and chicory in ASEAN, with the volume of exports reaching X tons, which was approx. X% of total exports in 2023. Thailand (X tons) took the second position in the ranking, distantly followed by Vietnam (X tons) and Indonesia (X tons). All these countries together took near X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to lettuce and chicory exports from Malaysia stood at X%. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. Indonesia experienced a relatively flat trend pattern. Thailand (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Malaysia saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Malaysia ($X) remains the largest lettuce and chicory supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

In Malaysia, lettuce and chicory exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Lettuce And Chicory Imports

Imports in ASEAN

In 2023, lettuce and chicory imports in ASEAN skyrocketed to X tons, jumping by X% on the previous year's figure. Total imports indicated a remarkable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, lettuce and chicory imports shrank slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2023, Thailand (X tons) represented the largest importer of lettuce and chicory, constituting X% of total imports. Singapore (X tons) ranks second in terms of the total imports with a X% share, followed by Malaysia (X%). Brunei Darussalam (X tons) and Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lettuce and chicory importing markets in ASEAN were Singapore ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total imports. Vietnam and Brunei Darussalam lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform