India: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in India

The Indian lettuce and chicory market declined slightly to $X in 2023, remaining constant against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Lettuce And Chicory Production in India

In value terms, lettuce and chicory production dropped slightly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

The average yield of lettuce and chicory in India dropped to X tons per ha in 2023, flattening at the year before. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2023, the growth of the average lettuce and chicory 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.

In 2023, the total area harvested in terms of lettuce and chicory production in India reduced modestly to X ha, stabilizing at the year before. In general, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The lettuce and chicory harvested area peaked at X ha in 2019; however, from 2020 to 2023, the harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from India

In 2023, the amount of lettuce and chicory exported from India dropped to X tons, falling by X% against the year before. Over the period under review, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, lettuce and chicory exports fell notably to $X in 2023. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Bhutan (X tons), the United States (X tons) and the United Arab Emirates (X tons) were the main destinations of lettuce and chicory exports from India, with a combined X% share of total exports. Mauritius, Bahrain, Nepal, Qatar, Kuwait, Russia and Maldives lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X) remains the key foreign market for lettuce and chicory exports from India, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Mauritius (X% per year).

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Bhutan ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into India

In 2023, approx. X kg of lettuce and chicory were imported into India; reducing by X% compared with the previous year's figure. In general, imports showed a significant contraction. The pace of growth appeared the most rapid in 2022 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, lettuce and chicory imports declined significantly to $X in 2023. Overall, imports showed a precipitous slump. The growth pace was the most rapid in 2022 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X kg) was the main lettuce and chicory supplier to India, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Brazil totaled X%.

In value terms, Brazil ($X) constituted the largest supplier of lettuce and chicory to India.

From 2012 to 2023, the average annual growth rate of value from Brazil totaled X%.

Import Prices by Country

In 2023, the average lettuce and chicory import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked in 2023 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2023, the rate of growth in terms of prices for Brazil amounted to X% per year.

Source: IndexBox Platform