Asia: Leek Market 2024

Leek Market Size in Asia

The Asian leek market declined slightly to $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Leek Production in Asia

In value terms, leek production rose to $X in 2023 estimated in export price. The total output 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. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Indonesia (X tons) constituted the country with the largest volume of leek production, accounting for X% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, Turkey (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with an X% share.

In Indonesia, leek production remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Turkey (X% per year) and South Korea (X% per year).

The average leek yield amounted to X tons per ha in 2023, standing approx. at the previous year. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the leek yield reached the maximum level at X tons per ha in 2015; however, from 2016 to 2023, 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.

In 2023, the total area harvested in terms of leeks and other alliaceous vegetables production in Asia fell to X ha, almost unchanged from the previous year. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to leek production attained the maximum at X ha in 2018; however, from 2019 to 2023, the harvested area remained at a lower figure.

Leek Exports

Exports in Asia

In 2023, leek exports in Asia soared to X tons, growing by X% on the previous year. Total exports indicated a noticeable expansion from 2012 to 2023: its volume 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. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, leek exports surged to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Turkey (X tons) took the second position in the ranking, followed by Uzbekistan (X tons). All these countries together held near X% share of total exports. Malaysia (X tons) and Kyrgyzstan (X tons) took a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to leek exports from China stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Turkey experienced a relatively flat trend pattern. While the share of Uzbekistan (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of China (X p.p.) and Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest leek supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

In China, leek exports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.

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 Kyrgyzstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Leek Imports

Imports in Asia

In 2023, approx. X tons of leeks and other alliaceous vegetables were imported in Asia; surging by X% against 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, leek imports declined to $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Japan represented the main importing country with an import of around X tons, which resulted at X% of total imports. Vietnam (X tons) held the second position in the ranking, distantly followed by Thailand (X tons), South Korea (X tons) and Kazakhstan (X tons). All these countries together took approx. X% share of total imports. The following importers - Singapore (X tons) and Malaysia (X tons) - each resulted at an X% share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of leeks and other alliaceous vegetables. At the same time, Vietnam (X%), Kazakhstan (X%), Thailand (X%), Singapore (X%), South Korea (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Vietnam, Kazakhstan and Thailand increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

In Japan, leek imports shrank by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

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 Singapore ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform