Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Australia - 2024

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Australia (FOB) - 2022
  2. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Australia

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $14,586 per ton, surging by 86% against the previous year. Overall, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 719%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($15,160 per ton), while the average price for exports to Vanuatu totaled $13,200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+143.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, shipments abroad of fresh or chilled chicory, other than witloof chicory decreased by -91.7% to 35 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 508% against the previous year. As a result, the exports reached the peak of 4.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fresh or chilled chicory, other than witloof chicory contracted remarkably to $511 in 2022. Overall, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 257%. As a result, the exports reached the peak of $20K. 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 Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/A0.10.4300.0%
VanuatuN/AN/AN/A0.10%
Hong Kong SARN/AN/A0.7N/A0%
Fiji2.20.30.1N/A-78.7%
Thailand1.41.1N/AN/A-21.4%
MalaysiaN/AN/A0.9N/A0%
French PolynesiaN/A1.10.3N/A-72.7%
United Arab EmiratesN/A16.5N/AN/A0%
Qatar1.50.90.7N/A-31.7%
Others0.50.50.6N/A9.5%
Total5.720.43.30.5-55.6%

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

  1. Vietnam (25.0 kg)
  2. Vanuatu (10.0 kg)

Source: IndexBox Market Intelligence Platform

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