Hong Kong SAR, China - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLettuce and Chicory Price in Hong Kong SAR - 2023
Contents:
- Lettuce and Chicory Price in Hong Kong SAR (CIF) - 2023
- Lettuce and Chicory Price in Hong Kong SAR (FOB) - 2023
- Lettuce and Chicory Imports in Hong Kong SAR
- Lettuce and Chicory Exports in Hong Kong SAR
Lettuce and Chicory Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average lettuce and chicory import price amounted to $847 per ton, with a decrease of -1.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 7% month-to-month. Over the period under review, average import prices attained the maximum at $904 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($5,588 per ton), while the price for China ($601 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.3%), while the prices for the other major suppliers experienced a decline.
Lettuce and Chicory Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average lettuce and chicory export price amounted to $1,983 per ton, with a decrease of -7.6% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 34% month-to-month. The export price peaked at $2,810 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From September 2022 to September 2023, the rate of growth in terms of prices for Macao SAR amounted to +0.3% per month.
Lettuce and Chicory Imports in Hong Kong SAR
After three years of growth, purchases abroad of lettuce and chicory decreased by -8.4% to 34K tons in 2022. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports reached the peak of 37K tons, and then fell in the following year.
In value terms, lettuce and chicory imports stood at $31M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Lettuce and Chicory in Hong Kong SAR (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.0 | 12.9 | 21.0 | 24.9 | 24.2% |
United States | 3.8 | 2.7 | 2.8 | 2.2 | -16.7% |
Others | 9.4 | 7.3 | 5.5 | 3.8 | -26.1% |
Total | 26.1 | 23.0 | 29.2 | 30.9 | 5.8% |
Top Suppliers of Lettuce and Chicory to Hong Kong SAR in 2022:
- China (32.7K tons)
- United States (0.3K tons)
Lettuce and Chicory Exports in Hong Kong SAR
In 2022, the amount of lettuce and chicory exported from Hong Kong SAR dropped significantly to 1.4K tons, waning by -26.4% compared with the year before. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6% against the previous year.
In value terms, lettuce and chicory exports declined notably to $2.1M in 2022. In general, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.
Export of Lettuce and Chicory in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 5.0 | 2.3 | 2.7 | 2.1 | -25.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.0 | 2.3 | 2.7 | 2.1 | -25.1% |
Top Export Markets for Lettuce and Chicory from Hong Kong SAR in 2022:
- Macao SAR (1363.9 tons)
This report provides an in-depth analysis of the lettuce and chicory market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 372 - Lettuce and chicory
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lettuce and chicory market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global lettuce and chicory market.
This report provides an in-depth analysis of the lettuce and chicory market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global lettuce and chicory market.
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad