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Global Garlic Market - Industry Snapshots and Statistics 2018

02-13-2018 02:41 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Indexbox Market Research

IndexBox has just published a new report "World: Garlic - Market Report. Analysis And Forecast To 2025" ( http://www.indexbox.co.uk/store/world-garlic-market-report-analysis-and-forecast-to-2020?utm_source=opr ).

This report covers an in-depth survey of the global garlic market. Within it, you will find the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The outlook presents the market projections through 2025.

Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.

Product coverage:
Garlic

Data coverage:
• Garlic market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global garlic production, split by region and country;
• Global garlic trade (exports and imports);
• Producer, export and import prices for garlic;
• Garlic market trends, drivers and restraints;
• Key market players and their profiles.

Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Abstract
Global garlic market revenue amounted to 29,251 million USD in 2015, increasing by +21.6% against the previous year level. Overall, global garlic market continues to indicate a perceptible growth: the market value increased at an average annual rate of +8.7% from 2007 to 2015. This trend pattern, however, was roller-coasting throughout the analyzed period. The growth pace was the most rapid in 2010, when the market revenue increased by +132% from the previous year level. In that year, the global garlic market revenue attained its maximum of 41,042 million USD. From 2011 to the end of the period under review, the total garlic market revenue failed to regain its former peak level.

Over the analyzed period, an increase in global garlic production was primarily driven by population growth. Furthermore, these key drivers are expected to continue promoting the garlic output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a moderate improvement of the yield figures.

The country with the largest volume of the garlic output in absolute volumes was China (20,826 thousand tonnes), accounting for 81% of global production. Moreover, garlic output in China exceeded the figures recorded by the world's second largest producer, India (1,270 thousand tonnes), more than tenfold. The third position in this ranking was occupied by South Korea with a share of 1%. From 2007 to 2015, an average annual growth rate of China's garlic producton stood at +3.3%. The remaining producing countries recorded the following average annual growth rates: India (+6.3% per year) and South Korea (+1.2% per year).

The world garlic harvested area amounted to 1,641 thousand ha in 2015, which was 5.6% more than the previous year figure. The harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +2.9% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total garlic harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for garlic globally.

The global average garlic yield amounted to 157 thousand hg/ha in 2015, falling by -2.0% from the previous year figure. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.3% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest garlic yields were recorded in 2010, when it peaked at 169 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.

Source: http://www.indexbox.co.uk/store/world-garlic-market-report-analysis-and-forecast-to-2020?utm_source=opr

IndexBox is a leading market research publisher in the world. You can find more than 25,000 research reports in our web store, which cover global industries and regional markets. All the worldwide marketing data you need is at your fingertips.

Company Name: IndexBox
Contact Person: Kirill Bezverhi
Email: kirill.bezverhi@indexbox.co.uk
Phone: +44 20 3239 3063
Adress: United Kingdom, 44 Main Street, Douglas, South Lanarkshire, Scotland, ML11 0QW

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