Global Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size

The global lettuce and chicory market fell modestly to $X in 2023, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs at $X in 2022, and then dropped slightly in the following year.

Lettuce And Chicory Production

In value terms, lettuce and chicory production contracted to $X in 2023 estimated in export price. Overall, the total production indicated prominent 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 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

China (X tons) constituted the country with the largest volume of lettuce and chicory production, comprising approx. X% of total volume. Moreover, lettuce and chicory production in China exceeded the figures recorded by the second-largest producer, the United States (X tons), fourfold. India (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2023, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: the United States (X% per year) and India (X% per year).

The global average lettuce and chicory yield declined slightly to X tons per ha in 2023, which is down by X% on the previous year. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of lettuce and chicory production worldwide fell to X ha, leveling off at the previous year's figure. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to lettuce and chicory production attained the peak figure at X ha in 2022, and then dropped slightly in the following year.

Lettuce And Chicory Exports

Exports

In 2023, shipments abroad of lettuce and chicory decreased by X% to X tons, falling for the second year in a row after seven years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the global exports remained at a somewhat lower figure.

In value terms, lettuce and chicory exports expanded to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The global exports peaked in 2023 and are likely to see steady growth in the immediate term.

Exports by Country

Spain represented the major exporter of lettuce and chicory in the world, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. Mexico (X tons) ranks second in terms of the total exports with a X% share, followed by the United States (X%), China (X%), the Netherlands (X%) and Italy (X%). Iran (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to lettuce and chicory exports from Spain stood at X%. At the same time, Iran (X%), Mexico (X%) and China (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The Netherlands, Italy and the United States experienced a relatively flat trend pattern. Mexico (X p.p.), China (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands, Italy, Spain and the United States saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively.

In value terms, Spain ($X), the United States ($X) and Mexico ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of global exports. The Netherlands, China, Italy and Iran lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average lettuce and chicory export price amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X%. The global export price peaked in 2023 and is expected to retain growth in the near future.

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 Italy ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports

In 2023, global imports of lettuce and chicory declined to X tons, reducing by X% against the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, global imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, lettuce and chicory imports dropped to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then fell modestly in the following year.

Imports by Country

The countries with the highest levels of lettuce and chicory imports in 2023 were the United States (X tons), Canada (X tons) and Germany (X tons), together finishing at X% of total import. France (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the UK (X%) and Italy (X%). The Netherlands (X tons), Poland (X tons), Belgium (X tons), Sweden (X tons), Switzerland (X tons), Austria (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest lettuce and chicory importing markets worldwide were Germany ($X), Canada ($X) and the United States ($X), together accounting for X% of global imports. The UK, France, Italy, the Netherlands, Poland, Belgium, Austria, Switzerland, Sweden and Thailand lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2023, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. Global import price peaked in 2023 and is likely to see steady growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform