Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Angola - 2022

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Angola (CIF) - 2022
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Angola (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Angola
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Angola

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Angola (CIF) - 2022

The average import price for fresh or chilled chicory, other than witloof chicory stood at $4,289 per ton in 2022, picking up by 20% against the previous year. In general, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 47%. Over the period under review, average import prices hit record highs at $8,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($9,390 per ton), while the price for the Netherlands ($101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Angola (FOB) - 2022

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,724 per ton, with a decrease of -41.9% against the previous year. Overall, the export price recorded a sharp setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37% against the previous year. The export price peaked at $21,603 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malta.

From 2012 to 2022, the rate of growth in terms of prices for Malta amounted to -12.7% per year.

Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Angola

In 2022, supplies from abroad of fresh or chilled chicory, other than witloof chicory was finally on the rise to reach 154 kg after two years of decline. Over the period under review, imports showed a perceptible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory reduced notably to $519 in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 61% against the previous year. As a result, imports attained the peak of $712. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France59.056546538586.9%
Portugal254112111121-21.9%
NetherlandsN/AN/AN/A9.00%
South Africa2.013.07.03.014.5%
NamibiaN/A20.0N/AN/A0%
Democratic Republic of the Congo126N/AN/AN/A0%
Others1.02.032.01.00.0%
Total4427126155195.5%

Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Angola in 2022:

  1. Netherlands (89.0 kg)
  2. France (41.0 kg)
  3. Portugal (20.0 kg)
  4. South Africa (2.0 kg)

Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Angola

After three years of growth, shipments abroad of fresh or chilled chicory, other than witloof chicory decreased by -66.7% to 9 kg in 2022. Over the period under review, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 170%. As a result, the exports reached the peak of 27 kg, and then shrank significantly in the following year.

In value terms, exports of fresh or chilled chicory, other than witloof chicory contracted remarkably to $50 in 2022. In general, exports faced a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $105. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malta73.091.039.050.0-11.9%
Marshall IslandsN/AN/A6.0N/A0%
BahamasN/A14.041.0N/A192.9%
OthersN/AN/AN/AN/A0%
Total73.010586.050.0-11.9%

Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Angola in 2022:

  1. Malta (9.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Chicory (cichorium spp.), (other than witloof chicory), fresh or chilled - Angola