Bangladesh - Lettuce and Chicory - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBangladesh: Lettuce And Chicory Market 2024
Lettuce And Chicory Market Size in Bangladesh
The Bangladeshi lettuce and chicory market expanded modestly to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.
Lettuce And Chicory Production in Bangladesh
In value terms, lettuce and chicory production amounted to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.
In 2023, the average yield of lettuce and chicory in Bangladesh amounted to X tons per ha, approximately mirroring the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. Over the period under review, the average lettuce and chicory yield attained the maximum level at X tons per ha in 2017; however, from 2018 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, approx. X ha of lettuce and chicory were harvested in Bangladesh; remaining constant against 2022 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 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 2013; however, from 2014 to 2023, the harvested area remained at a lower figure.
Lettuce And Chicory Exports
Exports from Bangladesh
In 2023, approx. X tons of lettuce and chicory were exported from Bangladesh; jumping by X% on the previous year's figure. Overall, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, lettuce and chicory exports surged to $X in 2023. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
Exports by Country
Maldives (X tons) was the main destination for lettuce and chicory exports from Bangladesh, accounting for a X% share of total exports. Moreover, lettuce and chicory exports to Maldives exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold.
From 2012 to 2023, the average annual growth rate of volume to Maldives totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Kuwait (X% per year).
In value terms, Maldives ($X) remains the key foreign market for lettuce and chicory exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Maldives amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Kuwait (X% per year).
Export Prices by Country
The average lettuce and chicory export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2023, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.
Lettuce And Chicory Imports
Imports into Bangladesh
In 2023, purchases abroad of lettuce and chicory decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2022, and then dropped significantly in the following year.
In value terms, lettuce and chicory imports shrank notably to $X in 2023. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2022, and then declined rapidly in the following year.
Imports by Country
In 2023, India (X tons) constituted the largest lettuce and chicory supplier to Bangladesh, with a X% share of total imports. Moreover, lettuce and chicory imports from India exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the United Arab Emirates (X% per year).
In value terms, Thailand ($X), India ($X) and Egypt ($X) constituted the largest lettuce and chicory suppliers to Bangladesh, with a combined X% share of total imports.
India, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other 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, dropping by X% against the previous year. In general, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2023, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the lettuce and chicory market in Bangladesh. 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:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- 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
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