GCC: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in GCC

In 2023, the GCC lettuce and chicory market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Lettuce And Chicory Production in GCC

In value terms, lettuce and chicory production contracted to $X in 2023 estimated in export price. The total production indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Saudi Arabia (X tons), Kuwait (X tons) and Bahrain (X tons), with a combined X% share of total production.

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

In 2023, the average yield of lettuce and chicory in GCC shrank to X tons per ha, waning by X% on the previous year. Over the period under review, the yield, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the lettuce and chicory yield reached the peak level at X tons per ha in 2022, and then contracted modestly in the following year. 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 GCC stood at X ha, picking up by X% against 2022 figures. Over the period under review, the harvested area, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 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 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports in GCC

In 2023, overseas shipments of lettuce and chicory decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, lettuce and chicory exports skyrocketed to $X in 2023. Overall, exports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia was the key exporter of lettuce and chicory in GCC, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Oman (X%). Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to lettuce and chicory exports from Saudi Arabia stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2023. By contrast, the United Arab Emirates (X%) and Oman (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Oman (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) remains the largest lettuce and chicory supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

In 2023, the export price in GCC amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Lettuce And Chicory Imports

Imports in GCC

In 2023, the amount of lettuce and chicory imported in GCC skyrocketed to X tons, jumping by X% on 2022 figures. In general, imports, however, showed a slight setback. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, lettuce and chicory imports surged to $X in 2023. Overall, imports enjoyed notable growth. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Saudi Arabia (X tons) and Qatar (X tons) were the key importers of lettuce and chicory in GCC, together generating X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Kuwait (X tons) and Bahrain (X tons), together creating a X% share of total imports.

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

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Among the main importing countries, Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in GCC amounted to $X per ton, waning by X% against the previous year. Import price indicated measured growth from 2012 to 2023: its price 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. Based on 2023 figures, lettuce and chicory import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Qatar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform