China: Lettuce And Chicory Market 2022

Lettuce And Chicory Market Size in China

In 2021, after two years of growth, there was significant decline in the Chinese lettuce and chicory market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. Lettuce and chicory consumption peaked at $X in 2020, and then contracted in the following year.

Lettuce And Chicory Production in China

In value terms, lettuce and chicory production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Lettuce and chicory production peaked at $X in 2020, and then dropped in the following year.

In 2021, the average yield of lettuce and chicory in China fell to X tons per ha, approximately reflecting the previous year's figure. In general, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of less than X% against the previous year. The lettuce and chicory yield peaked at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. 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 in China was estimated at X ha in 2021, approximately mirroring the previous year. In general, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2016 to 2021, the growth of the lettuce and chicory harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from China

After two years of growth, overseas shipments of lettuce and chicory decreased by less than X% to X tons in 2021. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2020, and then dropped in the following year.

In value terms, lettuce and chicory exports shrank to $X in 2021. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2020, and then reduced slightly in the following year.

Exports by Country

Hong Kong SAR (X tons) was the main destination for lettuce and chicory exports from China, with a X% share of total exports. Moreover, lettuce and chicory exports to Hong Kong SAR exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. South Korea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and South Korea (+X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for lettuce and chicory exports from China, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Thailand (+X% per year).

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2021, growing by less than X% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into China

In 2021, the amount of lettuce and chicory imported into China skyrocketed to X tons, increasing by X% compared with the year before. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, lettuce and chicory imports soared to $X in 2021. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Taiwan (Chinese) (X tons) was the main supplier of lettuce and chicory to China, accounting for a X% share of total imports. Moreover, lettuce and chicory imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Taiwan (Chinese) amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and the United States (-X% per year).

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of lettuce and chicory to China, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Taiwan (Chinese) stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Brazil (+X% per year).

Import Prices by Country

The average lettuce and chicory import price stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the import price saw a deep setback. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the prices for the other major suppliers experienced a decline.

Kaynak: IndexBox Platformu