Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines - 2022
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines (CIF) - 2022
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines (FOB) - 2022
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines (CIF) - 2022
In 2022, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $2,474 per ton, surging by 57% against the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. The import price peaked at $7,709 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.1% per year.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines (FOB) - 2022
In 2022, the average export price for fresh or chilled lettuce, other than cabbage lettuce amounted to $1,842 per ton, with a decrease of -9.7% against the previous year. In general, the export price continues to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,382 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2017 to 2022, the rate of growth in terms of prices for Japan amounted to +67.8% per year.
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines
In 2022, after three years of growth, there was significant decline in overseas purchases of fresh or chilled lettuce, other than cabbage lettuce, when their volume decreased by 99.9% to 38 kg. In general, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 183% against the previous year.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce fell dramatically to $94 in 2022. Over the period under review, imports showed a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 214% against the previous year. As a result, imports attained the peak of $255K, and then reduced rapidly in the following year.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.3 | 55.8 | 176 | 0.1 | -77.9% |
| Australia | 12.9 | 7.9 | 59.8 | N/A | 115.3% |
| United States | 6.9 | 16.5 | 17.9 | N/A | 61.1% |
| Others | 1.7 | 1.2 | 1.5 | N/A | -6.1% |
| Total | 30.7 | 81.4 | 255 | 0.1 | -85.2% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to the Philippines in 2022:
- China (38.0 kg)
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines
Exports of fresh or chilled lettuce, other than cabbage lettuce from the Philippines soared to 3.4 tons in 2022, picking up by 830% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,456%. As a result, the exports reached the peak of 6.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce soared to $6.3K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 3,538%. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 10.3 | 0.4 | 6.1 | -23.0% |
| Kuwait | 0.3 | N/A | N/A | N/A | 0% |
| Japan | N/A | 1.2 | 0.1 | N/A | -91.7% |
| Others | N/A | 0.3 | 0.2 | 0.2 | -18.4% |
| Total | 0.3 | 11.8 | 0.7 | 6.3 | 175.9% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from the Philippines in 2022:
- South Korea (3.4 tons)
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