Trending Now

Building a Resilient Supply Chain with Advanced Predictive…

New Articles

Leek Market in Asia – Supply and Demand

leek
Archives, Global Trade Daily, Imports/Exports

Leek Market in Asia – Supply and Demand

Leave a comment

IndexBox has just published a new report, the Asia – Leeks And Other Alliaceous Vegetables – Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report’s key findings.

The revenue of the leek market in Asia amounted to $1.1B in 2017, going down by -16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.9% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period.

The most prominent rate of growth was recorded in 2016, when the market value increased by 20% y-o-y. The level of leek consumption peaked at $1.3B in 2012; however, from 2013 to 2017, consumption failed to regain its momentum.

Production in Asia

In 2017, the amount of leeks and other alliaceous vegetables produced in Asia totaled 1.2M tonnes, falling by -3.1% against the previous year. The leek production continues to indicate a relatively flat trend pattern.

Leek Exports

Exports in Asia

In 2017, exports of leeks and other alliaceous vegetables in Asia amounted to 75K tonnes, surging by 17% against the previous year. The leek exports continue to indicate a modest increase.

In value terms, leek exports amounted to $70M (IndexBox estimates) in 2017.

Exports by Country

China dominates leek exports structure, recording 62K tonnes, which was approx. 82% of total exports in 2017. It was distantly followed by Turkey (5.1K tonnes), achieving 6.8% share of total exports. Malaysia (2.8K tonnes) and Pakistan (2.4K tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to leek exports from China stood at +2.3%. At the same time, Pakistan (+65.4%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing exporter in Asia, with a CAGR of +65.4% from 2007-2017. By contrast, Turkey (-1.5%) and Malaysia (-5.6%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia increased by 2.9% percentage points, while Pakistan (-3.1%) and China (-16.5%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($54M) remains the largest leek supplier in Asia, comprising 78% of global exports. The second position in the ranking was occupied by Turkey ($3.2M), with a 4.6% share of global exports. It was followed by Malaysia, with a 3.3% share.

Export Prices by Country

In 2017, the leek export price in Asia amounted to $925 per tonne, reducing by -17.3% against the previous year. The the leek export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($882 per tonne), while Pakistan ($395 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+3.8% per year), while the other leaders experienced more modest paces of growth.

Leek Imports
Imports in Asia

In 2017, imports of leeks and other alliaceous vegetables in Asia amounted to 92K tonnes, picking up by 13% against the previous year. The total import volume increased at an average annual rate of +1.9% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, leek imports stood at $104M (IndexBox estimates) in 2017.

Imports by Country

Japan dominates leek imports structure, recording 63K tonnes, which was approx. 69% of total imports in 2017. South Korea (8.4K tonnes) ranks second in terms of the global imports with a 9.2% share, followed by Malaysia (6.2%). The following importers – Singapore (3.8K tonnes), China, Macao SAR (2.6K tonnes), Afghanistan (1.9K tonnes) and Vietnam (1.5K tonnes) together made up 11% of total imports.

From 2007 to 2017, average annual rates of growth with regard to leek imports into Japan stood at +1.3%. At the same time, Vietnam (+86.2%), Afghanistan (+79.8%), China, Macao SAR (+13.8%), South Korea (+13.0%) and Malaysia (+4.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in Asia, with a CAGR of +86.2% from 2007-2017. By contrast, Singapore (-2.2%) illustrated a downward trend over the same period. Vietnam (-1.6%), Malaysia (-2%), China, Macao SAR (-2%), Afghanistan (-2.1%), South Korea (-6.5%) and Japan (-8.6%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($79M) constitutes the largest market for imported leeks and other alliaceous vegetables in Asia, comprising 76% of global imports. The second position in the ranking was occupied by Singapore ($6.4M), with a 6.1% share of global imports. It was followed by Malaysia, with a 5.2% share.

Import Prices by Country

The leek import price in Asia stood at $1.1 per kg in 2017, reducing by -14.6% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +2.3%.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($1.7 per kg), while Afghanistan ($399 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+7.2% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

african sausage
Archives, Global Trade Daily, Imports/Exports

Africa’s Sausage Market Posts Third Consecutive Year of Growth

Leave a comment

IndexBox has just published a new report: ‘Africa – Sausages And Similar Products Of Meat – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the sausage market in Africa amounted to $6B in 2018, growing by 9.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

In general, sausage consumption continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2016, with an increase of 17% against the previous year. The level of sausage consumption peaked at $7.4B in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Production in Africa

In 2018, sausage production in Africa amounted to 2M tonnes, coming down by -3.1% against the previous year.

Exports in Africa

In 2018, the amount of sausages and similar products of meat exported in Africa amounted to 12K tonnes, jumping by 2.3% against the previous year. The total exports indicated a prominent growth from 2008 to 2018: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sausage exports increased by +14.3% against 2016 indices.

In value terms, sausage exports totaled $21M (IndexBox estimates) in 2018. Over the period under review, sausage exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when exports increased by 16% y-o-y. In that year, sausage exports attained their peak of $30M. From 2014 to 2018, the growth of sausage exports failed to regain its momentum.

Exports by Country

South Africa prevails in sausage exports structure, amounting to 10K tonnes, which was near 86% of total exports in 2018. It was distantly followed by Kenya (1.2K tonnes), generating 9.8% share of total exports.

South Africa was also the fastest growing in terms of the sausages and similar products of meat exports, with a CAGR of +9.1% from 2008 to 2018. Kenya experienced a relatively flat trend pattern. While the share of South Africa (-50.2%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($16M) remains the largest sausage supplier in Africa, comprising 78% of total sausage exports. The second position in the ranking was occupied by Kenya ($3.5M), with a 17% share of total exports.

Export Prices by Country

In 2018, the sausage export price in Africa amounted to $1,793 per tonne, waning by -12.4% against the previous year. In general, the sausage export price continues to indicate an abrupt reduction.

Export prices varied noticeably by the country of origin; the country with the highest export price was Kenya ($3,057 per tonne), while South Africa totaled $1,619 per tonne.

From 2008 to 2018, the most notable rate of growth in terms of export prices was attained by Kenya.

Imports in Africa

The imports totaled 79K tonnes in 2018, declining by -12.6% against the previous year. The total imports indicated a notable expansion from 2008 to 2018: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sausage imports decreased by -36.0% against 2014 indices.

In value terms, sausage imports stood at $123M (IndexBox estimates) in 2018.

Imports by Country

Angola dominates sausage imports structure, accounting for 48K tonnes, which was near 61% of total imports in 2018. It was distantly followed by Lesotho (6K tonnes), comprising 7.7% share of total imports. Gabon (2.9K tonnes), Ghana (2.6K tonnes), Mauritius (2.5K tonnes), Democratic Republic of the Congo (2.4K tonnes), Liberia (1.5K tonnes), Congo (1.5K tonnes), Cabo Verde (1.5K tonnes) and Mozambique (1.4K tonnes) followed a long way behind the leaders.

Imports into Angola increased at an average annual rate of +1.7% from 2008 to 2018. At the same time, Lesotho (+17.9%), Mozambique (+16.6%), Congo (+13.0%), Democratic Republic of the Congo (+12.1%), Mauritius (+6.3%), Gabon (+5.3%), Liberia (+3.7%), Cabo Verde (+2.2%) and Ghana (+1.0%) displayed positive paces of growth. Moreover, Lesotho emerged as the fastest growing importer in Africa, with a CAGR of +17.9% from 2008-2018. While the share of Democratic Republic of the Congo (-2.1%), Lesotho (-6.2%) and Angola (-9.5%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Angola ($60M) constitutes the largest market for imported sausages and similar products of meat in Africa, comprising 49% of total sausage imports. The second position in the ranking was occupied by Lesotho ($9.1M), with a 7.4% share of total imports. It was followed by Mauritius, with a 5.5% share.

Import Prices by Country

The sausage import price in Africa stood at $1,558 per tonne in 2018, reducing by -4.6% against the previous year. Overall, the sausage import price continues to indicate a significant contraction.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mauritius ($2,657 per tonne), while Ghana ($1,160 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of import prices was attained by Mauritius, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Thailand
Archives, Global Trade Daily, Imports/Exports

Asia’s Canned Pineapples Market – Thailand Holds the Lion’s Share of Exports

Leave a comment

IndexBox has just published a new report: ‘Asia – Canned Pineapples – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the canned pineapple market in Asia amounted to $990M in 2018, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +3.4% from 2008 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009, with an increase of 18% y-o-y. The level of canned pineapple consumption peaked at $1.1B in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Production in Asia

The canned pineapple production stood at 1.7M tonnes in 2018, waning by -5.5% against the previous year.

Exports in Asia

In 2018, the amount of canned pineapples exported in Asia stood at 842K tonnes, falling by -17.9% against the previous year. Over the period under review, canned pineapple exports continue to indicate a temperate drop.

In value terms, canned pineapple exports stood at $796M (IndexBox estimates) in 2018.

Exports by Country

Thailand represented the key exporting country with an export of about 412K tonnes, which recorded 49% of total exports. The Philippines (221K tonnes) held a 26% share (based on tonnes) of total exports, which put it in second place, followed by Indonesia (19%). Viet Nam (20K tonnes) followed a long way behind the leaders.

From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Philippines, while the other leaders experienced a decline in the exports figures.

In value terms, Thailand ($404M) remains the largest canned pineapple supplier in Asia, comprising 51% of total canned pineapple exports. The second position in the ranking was occupied by the Philippines ($192M), with a 24% share of total exports. It was followed by Indonesia, with a 20% share.

Export Prices by Country

The canned pineapple export price in Asia stood at $945 per tonne in 2018, falling by -15.3% against the previous year. Overall, the canned pineapple export price continues to indicate a relatively flat trend pattern.

Average export prices varied noticeably amongst the major exporting countries. In 2018, major exporting countries recorded the following export prices: in Thailand ($979 per tonne) and Indonesia ($975 per tonne), while Viet Nam ($817 per tonne) and the Philippines ($868 per tonne) were amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of export prices was attained by the Philippines, while the other leaders experienced mixed trends in the export price figures.

Source: IndexBox AI Platform

Archives, Global Trade Daily, In The News

Lineage Logistics Recognized for Exemplary Energy Management Project

Leave a comment

Utilization of machine-learning technology for a process referred to as “flywheeling” has successfully supported energy management and waste reduction for Lineage Logistics. The global temperature-controlled logistics provider was recognized for these efforts by the U.S. Department of Energy’s (DOE) Better Plants Program (Better Plants) this week, earning them a winning position for 2019 Better Practice Awards.

“This great honor from the DOE is a testament to the hard work and dedication of our talented team, and it is quite humbling to be recognized as a leader in energy conservation. Flywheeling is one of the many ways Lineage lives our purpose of transforming the food supply chain to eliminate waste and help feed the world,” said Greg Lehmkuhl, President and Chief Executive Officer of Lineage.

Invented by Lineage’s Principal Data Scientist, Dr. Alex Woolfe, “flywheeling” takes energy conservation to the next level by eliminating waste and proactively managing energy while reducing cost. These efforts are critical in Lineage’s operations as the company confirmed its North American power consumption alone is comparable to that of a mid-sized city.

Following the launch of the “flywheeling” project, Lineage and Dr. Woolfe received the official utility patent by the United States Patent and Trademark Office and will be recognized on July 10-11 at the Better Buildings, Better Plants Summit in Virginia.

“We are entrusted with ensuring that billions of pounds of food across the United States and the globe are kept at optimal temperatures throughout the supply chain, and we are obsessed with finding new ways to do this even more safely and efficiently than has ever been done before,” Said Michael J. McClendon President, Lineage Europe & EVP, Network Optimization.

“Better Plants partners such as Lineage are implementing innovative energy efficiency solutions in the industrial space that are cutting costs and energy-use and the Better Practice Awards honor their leadership,” said Valri Lightner, DOE Advanced Manufacturing Office Acting Director.

Source: Lineage Logistics