Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece - 2023

Contents:

  1. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece (CIF) - 2023
  2. Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece (FOB) - 2022
  3. Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece
  4. Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece

Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece (CIF) - 2023

The average import price for fresh or chilled lettuce, other than cabbage lettuce stood at $1,350 per ton in October 2023, with a decrease of -8.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 104% m-o-m. As a result, import price reached the peak level of $1,835 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,872 per ton), while the price for Poland ($1,184 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Egypt (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $934 per ton, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27% against the previous year. The export price peaked at $949 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,631 per ton), while the average price for exports to Romania ($549 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 Poland (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 2K tons of fresh or chilled lettuce, other than cabbage lettuce were imported into Greece; with a decrease of -2.2% on the previous year's figure. Overall, imports saw a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year.

In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce stood at $2.5M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain26821633196053.0%
Netherlands6452876536470.1%
Bulgaria4214223885549.6%
Egypt77.27.926.015024.8%
Italy40419262.275.2-42.9%
Poland6.516755.059.4109.1%
Germany12614151.828.4-39.1%
Turkey20626.370728.1-48.5%
Others16310224440.8-37.0%
Total2,3171,5622,5192,5443.2%

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

  1. Spain (647.4 tons)
  2. Netherlands (507.1 tons)
  3. Bulgaria (434.2 tons)
  4. Egypt (226.1 tons)
  5. Poland (60.1 tons)
  6. Italy (50.1 tons)
  7. Turkey (25.4 tons)
  8. Germany (11.7 tons)

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

Exports of fresh or chilled lettuce, other than cabbage lettuce from Greece dropped to 402 tons in 2022, reducing by -11.8% compared with 2021. In general, exports saw a precipitous shrinkage.

In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce shrank to $376K in 2022. Over the period under review, exports recorded a significant decline. The smallest decline of -9.5% was in 2021.

Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus52.486.112617449.2%
Bulgaria99.449.798.748.2-21.4%
Poland2.65.432.447.2162.8%
Albania0.60.721.840.0305.5%
Germany16352.416.329.4-43.5%
Netherlands4757.291.226.6-61.7%
United Kingdom19.853.11.15.5-34.8%
SpainN/A30.1N/AN/A0%
Saudi ArabiaN/A160N/AN/A0%
Others23.126.839.64.9-40.4%
Total835472427376-23.4%

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

  1. Cyprus (154.0 tons)
  2. Bulgaria (72.1 tons)
  3. Albania (62.2 tons)
  4. Poland (41.1 tons)
  5. Germany (39.3 tons)
  6. Netherlands (16.3 tons)
  7. United Kingdom (7.2 tons)

Source: IndexBox Market Intelligence Platform

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