Price for Fresh or Chilled Cabbage Lettuce in South Korea - 2022
Contents:
- Price for Fresh or Chilled Cabbage Lettuce in South Korea (CIF) - 2022
- Price for Fresh or Chilled Cabbage Lettuce in South Korea (FOB) - 2022
- Imports of Fresh or Chilled Cabbage Lettuce in South Korea
- Exports of Fresh or Chilled Cabbage Lettuce in South Korea
Price for Fresh or Chilled Cabbage Lettuce in South Korea (CIF) - 2022
In 2022, the average import price for fresh or chilled cabbage lettuce amounted to $800 per ton, growing by 7.3% against the previous year. In general, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure at $970 per ton in 2012; however, from 2013 to 2022, 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 the United States ($1,724 per ton), while the price for Taiwan (Chinese) ($542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fresh or Chilled Cabbage Lettuce in South Korea (FOB) - 2022
The average export price for fresh or chilled cabbage lettuce stood at $1,145 per ton in 2022, with a decrease of -14.3% against the previous year. In general, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of 14% against the previous year. Over the period under review, the average export prices reached the maximum at $3,368 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,283 per ton), while the average price for exports to Taiwan (Chinese) ($836 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh or Chilled Cabbage Lettuce in South Korea
For the fourth consecutive year, South Korea recorded growth in supplies from abroad of fresh or chilled cabbage lettuce, which increased by 8.5% to 14K tons in 2022. The total import volume increased at an average annual rate of +10.5% from 2019 to 2022; 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 17%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, fresh or chilled cabbage lettuce imports soared to $11M in 2022. The total import value increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Cabbage Lettuce in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 6.9 | 7.0 | 8.6 | 12.1% |
| United States | 0.7 | 1.1 | 1.2 | 1.2 | 19.7% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.9 | 1.0 | 71.0% |
| Others | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
| Total | 7.5 | 8.6 | 9.4 | 10.9 | 13.3% |
Top Suppliers of Fresh or Chilled Cabbage Lettuce to South Korea in 2022:
- China (11.0K tons)
- Taiwan (Chinese) (1.8K tons)
- United States (0.7K tons)
Exports of Fresh or Chilled Cabbage Lettuce in South Korea
Fresh or chilled cabbage lettuce exports from South Korea was estimated at 1K tons in 2022, flattening at 2021 figures. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year.
In value terms, fresh or chilled cabbage lettuce exports shrank to $1.1M in 2022. Overall, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 74%.
| Export of Fresh or Chilled Cabbage Lettuce in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,543 | 423 | 626 | 767 | -20.8% |
| Hong Kong SAR | 8.2 | 7.7 | 324 | 283 | 225.6% |
| Japan | 254 | 247 | 189 | 58.1 | -38.8% |
| Others | 22.5 | 26.8 | 84.1 | 16.3 | -10.2% |
| Total | 1,827 | 705 | 1,223 | 1,125 | -14.9% |
Top Export Markets for Fresh or Chilled Cabbage Lettuce from South Korea in 2022:
- Taiwan (Chinese) (918.4 tons)
- Hong Kong SAR (86.3 tons)
- Japan (25.5 tons)
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Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
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Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
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Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad
