Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Bangladesh - 2022

Contents:

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

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

In 2022, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $3,434 per ton, growing by 862% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 913% against the previous year. As a result, the export price reached the peak level of $6,580 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +45.5% per year.

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

In 2022, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $2,055 per ton, surging by 41% against the previous year. Overall, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 89% against the previous year. The import price peaked at $2,769 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($3,000 per ton), while the price for China ($2,042 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+63.1%), while the prices for the other major suppliers experienced a decline.

Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Bangladesh

In 2022, approx. 39 tons of fresh or chilled lettuce, other than cabbage lettuce were exported from Bangladesh; reducing by -92.9% compared with the year before. Over the period under review, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 2,547%. As a result, the exports attained the peak of 550 tons, and then contracted sharply in the following year.

In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce shrank significantly to $133K in 2022. Overall, exports saw a pronounced downturn. The pace of growth was the most pronounced in 2021 when exports increased by 1,229% against the previous year. As a result, the exports attained the peak of $196K, and then shrank markedly in the following year.

Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/A0.1N/A1333546.9%
Belarus137N/AN/AN/A0%
Saudi ArabiaN/A14.7196N/A1233.3%
Others11.9N/AN/AN/A0%
Total14914.8196133-3.7%

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

  1. Maldives (38.8 tons)

Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Bangladesh

In 2022, purchases abroad of fresh or chilled lettuce, other than cabbage lettuce decreased by -70.7% to 199 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 1.6% against the previous year. As a result, imports attained the peak of 2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce reduced dramatically to $409 in 2022. Overall, imports faced a sharp contraction. The smallest decline of -1.1% was in 2020.

Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Bangladesh (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5421,436975388-36.9%
EgyptN/AN/AN/A10.00%
Australia18.010.013.09.0-20.6%
United Arab Emirates25.0117N/AN/A368.0%
Others1.06.01.02.026.0%
Total1,5861,569989409-36.3%

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

  1. China (190.0 kg)
  2. Egypt (4.0 kg)
  3. Australia (3.0 kg)

Source: IndexBox Market Intelligence Platform

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