Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico - 2023
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico (FOB) - 2023
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico (CIF) - 2023
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico (FOB) - 2023
In November 2023, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $1,598 per ton, which is down by -14.6% against the previous month. In general, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in January 2023 an increase of 349% month-to-month. The export price peaked at $2,233 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to +15.0% per month.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico (CIF) - 2023
The average import price for fresh or chilled lettuce, other than cabbage lettuce stood at $765 per ton in November 2023, waning by -14.9% against the previous month. Over the period under review, the import price showed a perceptible decline. The growth pace was the most rapid in April 2023 an increase of 62% m-o-m. As a result, import price attained the peak level of $1,104 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -2.1% per month.
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico
Exports of fresh or chilled lettuce, other than cabbage lettuce from Mexico skyrocketed to 513K tons in 2022, jumping by 40% compared with 2021 figures. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 92%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce soared to $409M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 223 | 243 | 281 | 407 | 22.2% |
| Others | 1.5 | 2.4 | 0.3 | 1.6 | 2.2% |
| Total | 225 | 245 | 282 | 409 | 22.0% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Mexico in 2022:
- United States (511.6K tons)
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico
After three years of growth, purchases abroad of fresh or chilled lettuce, other than cabbage lettuce decreased by -9.3% to 28K tons in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 345%. As a result, imports reached the peak of 30K tons, and then dropped in the following year.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce contracted modestly to $27M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 180% against the previous year. As a result, imports attained the peak of $28M, and then shrank modestly in the following year.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.0 | 10.1 | 28.2 | 26.8 | 34.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.0 | 10.1 | 28.2 | 26.8 | 34.6% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Mexico in 2022:
- United States (27.6K tons)
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