Price for Fresh or Chilled Cabbage Lettuce in Bangladesh - 2022

Contents:

  1. Price for Fresh or Chilled Cabbage Lettuce in Bangladesh (CIF) - 2022
  2. Price for Fresh or Chilled Cabbage Lettuce in Bangladesh (FOB) - 2022
  3. Imports of Fresh or Chilled Cabbage Lettuce in Bangladesh
  4. Exports of Fresh or Chilled Cabbage Lettuce in Bangladesh

Price for Fresh or Chilled Cabbage Lettuce in Bangladesh (CIF) - 2022

In 2022, the average import price for fresh or chilled cabbage lettuce amounted to $1,236 per ton, rising by 28% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 73%. As a result, import price reached the peak level of $1,996 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,636 per ton), while the price for the United Arab Emirates ($339 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+27.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fresh or Chilled Cabbage Lettuce in Bangladesh (FOB) - 2022

In 2022, the average export price for fresh or chilled cabbage lettuce amounted to $781 per ton, increasing by 12% against the previous year. Overall, the export price, however, showed a perceptible descent. Over the period under review, the average export prices hit record highs at $1,040 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($7,804 per ton), while the average price for exports to Malaysia amounted to $659 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fresh or Chilled Cabbage Lettuce in Bangladesh

Fresh or chilled cabbage lettuce imports into Bangladesh soared to 44 tons in 2022, jumping by 77% compared with the previous year's figure. Over the period under review, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 328% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, fresh or chilled cabbage lettuce imports soared to $54K in 2022. Overall, imports saw prominent growth. The growth pace was the most rapid in 2021 when imports increased by 266%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Fresh or Chilled Cabbage Lettuce in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt4.42.711.928.085.3%
Thailand28.51.03.711.4-26.3%
India1.40.72.99.891.3%
China2.10.82.54.428.0%
United Arab Emirates0.30.51.1N/A91.5%
Others1.90.81.80.2-52.8%
Total38.76.523.953.911.7%

Top Suppliers of Fresh or Chilled Cabbage Lettuce to Bangladesh in 2022:

  1. India (20.9 tons)
  2. Egypt (12.6 tons)
  3. Thailand (8.3 tons)
  4. China (1.7 tons)
  5. United Arab Emirates (0.1 tons)

Exports of Fresh or Chilled Cabbage Lettuce in Bangladesh

For the third consecutive year, Bangladesh recorded decline in shipments abroad of fresh or chilled cabbage lettuce, which decreased by -11.2% to 16 tons in 2022. In general, exports faced a sharp downturn.

In value terms, fresh or chilled cabbage lettuce exports fell to $13K in 2022. Over the period under review, exports continue to indicate a sharp decline.

Export of Fresh or Chilled Cabbage Lettuce in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia11.057.710.610.6-1.2%
Kuwait4.412.32.22.2-20.6%
Belarus112N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total12870.212.812.8-53.6%

Top Export Markets for Fresh or Chilled Cabbage Lettuce from Bangladesh in 2022:

  1. Malaysia (16.1 tons)
  2. Kuwait (0.3 tons)

Source: IndexBox Market Intelligence Platform

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