Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Austria - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Austria (CIF) - 2023
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Austria (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Austria
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Austria
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Austria (CIF) - 2023
The average import price for fresh or chilled chicory, other than witloof chicory stood at $3,487 per ton in December 2023, reducing by -11% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 25% against the previous month. The import price peaked at $5,296 per ton in September 2023; however, from October 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($5,980 per ton), while the price for Italy ($3,294 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Austria (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $3,318 per ton in 2022, rising by 9.3% against the previous year. Over the period under review, the export price saw a slight increase. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. Over the period under review, the average export prices reached the maximum at $3,812 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($4,018 per ton), while the average price for exports to Italy ($1,949 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Austria
For the third consecutive year, Austria recorded decline in supplies from abroad of fresh or chilled chicory, other than witloof chicory, which decreased by -7.7% to 1.1K tons in 2022. In general, imports continue to indicate a dramatic curtailment.
In value terms, imports of fresh or chilled chicory, other than witloof chicory declined to $4.2M in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.7% against the previous year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 2.3 | 3.3 | 3.2 | 2.2% |
| Germany | 0.2 | 1.4 | 0.4 | 0.6 | 44.2% |
| Netherlands | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Spain | 2.4 | 0.2 | 0.3 | 0.2 | -56.3% |
| Others | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Total | 5.7 | 4.2 | 4.4 | 4.2 | -9.7% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Austria in 2022:
- Italy (854.8 tons)
- Germany (163.7 tons)
- Netherlands (57.8 tons)
- Spain (49.3 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Austria
In 2022, overseas shipments of fresh or chilled chicory, other than witloof chicory decreased by -21.4% to 88 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. As a result, the exports attained the peak of 142 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 to $289K in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $339K, and then declined in the following year.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 124 | 182 | 241 | 182 | 13.6% |
| Italy | 29.1 | 40.9 | 39.6 | 43.0 | 13.9% |
| Germany | 34.4 | 36.5 | 24.4 | 36.5 | 2.0% |
| Czech Republic | 0.6 | 0.5 | 18.8 | 13.8 | 184.4% |
| Switzerland | 21.5 | 10.5 | 5.4 | 7.8 | -28.7% |
| Hungary | 17.7 | 16.8 | 7.5 | 4.9 | -34.8% |
| Slovakia | 17.8 | 5.7 | 1.1 | 0.2 | -77.6% |
| Others | 16.4 | 3.7 | 0.4 | 0.3 | -73.7% |
| Total | 261 | 296 | 339 | 289 | 3.5% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Austria in 2022:
- Slovenia (45.4 tons)
- Italy (22.1 tons)
- Germany (9.9 tons)
- Czech Republic (6.0 tons)
- Switzerland (2.5 tons)
- Hungary (1.7 tons)
- Slovakia (0.1 tons)
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