Price for Fresh or Chilled Cabbage Lettuce in Thailand - 2024

Contents:

  1. Price for Fresh or Chilled Cabbage Lettuce in Thailand (CIF) - 2024
  2. Price for Fresh or Chilled Cabbage Lettuce in Thailand (FOB) - 2022
  3. Imports of Fresh or Chilled Cabbage Lettuce in Thailand
  4. Exports of Fresh or Chilled Cabbage Lettuce in Thailand

Price for Fresh or Chilled Cabbage Lettuce in Thailand (CIF) - 2024

In May 2024, the average import price for fresh or chilled cabbage lettuce amounted to $665 per ton, picking up by 6.1% against the previous month. Over the period from May 2023 to May 2024, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in October 2023 an increase of 15% m-o-m. As a result, import price reached the peak level of $745 per ton. From November 2023 to May 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2024, the country with the highest price was Malaysia ($1,582 per ton), while the price for China stood at $584 per ton.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by China (+0.1%).

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

In 2022, the average export price for fresh or chilled cabbage lettuce amounted to $359 per ton, rising by 7.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 57% against the previous year. As a result, the export price attained the peak level of $640 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($463 per ton), while the average price for exports to Myanmar ($304 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 Malaysia (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Fresh or Chilled Cabbage Lettuce in Thailand

In 2022, fresh or chilled cabbage lettuce imports into Thailand surged to 5.7K tons, with an increase of 32% against the previous year. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, fresh or chilled cabbage lettuce imports soared to $2.8M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Cabbage Lettuce in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.81.91.82.815.9%
OthersN/AN/AN/AN/A0%
Total1.81.91.82.815.9%

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

  1. China (5.7K tons)

Exports of Fresh or Chilled Cabbage Lettuce in Thailand

Fresh or chilled cabbage lettuce exports from Thailand skyrocketed to 787 tons in 2022, rising by 40% on 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, fresh or chilled cabbage lettuce exports skyrocketed to $288K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fresh or Chilled Cabbage Lettuce in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/A47.797.714272.5%
Malaysia12594.373.370.4-17.4%
CambodiaN/A0.4N/A55.51077.9%
Bangladesh31.53.13.66.5-40.9%
Others3.38.813.713.660.3%
Total16015418828821.6%

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

  1. Myanmar (467.3 tons)
  2. Malaysia (178.9 tons)
  3. Cambodia (119.7 tons)
  4. Bangladesh (7.6 tons)

Source: IndexBox Market Intelligence Platform

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