Asia: Leek Market 2024

Leek Market Size in Asia

The Asian leek market declined to $X in 2023, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.

Leek Production in Asia

In value terms, leek production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Indonesia (X tons) constituted the country with the largest volume of leek production, comprising approx. X% of total volume. Moreover, leek production in Indonesia exceeded the figures recorded by the second-largest producer, Turkey (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume in Indonesia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Turkey (X% per year) and South Korea (X% per year).

The average leek yield reached X tons per ha in 2023, almost unchanged from the year before. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the leek yield attained the maximum level at X tons per ha in 2015; however, from 2016 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of leeks and other alliaceous vegetables were harvested in Asia; standing approx. at 2022. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to leek production reached the maximum at X ha in 2018; however, from 2019 to 2023, the harvested area remained at a lower figure.

Leek Exports

Exports in Asia

For the fifth consecutive year, Asia recorded growth in shipments abroad of leeks and other alliaceous vegetables, which increased by X% to X tons in 2023. Total exports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the near future.

In value terms, leek exports stood at $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

China represented the key exporter of leeks and other alliaceous vegetables in Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Kyrgyzstan (X tons), Turkey (X tons) and Uzbekistan (X tons), together creating a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to leek exports from China stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Turkey experienced a relatively flat trend pattern. While the share of Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Turkey (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest leek supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

In China, leek exports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Leek Imports

Imports in Asia

In 2023, approx. X tons of leeks and other alliaceous vegetables were imported in Asia; with an increase of X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, leek imports shrank slightly to $X in 2023. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

Imports by Country

Japan represented the major importer of leeks and other alliaceous vegetables in Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. Vietnam (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%), South Korea (X%), Kazakhstan (X%), Singapore (X%) and Malaysia (X%).

Japan experienced a relatively flat trend pattern with regard to volume of imports of leeks and other alliaceous vegetables. At the same time, Vietnam (X%), Kazakhstan (X%), Thailand (X%), Singapore (X%), South Korea (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Vietnam, Kazakhstan and Thailand increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Japan totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform