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

Contents:

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

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

The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,320 per ton in 2022, growing by 11% against the previous year. Over the period under review, the import price, however, faced a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 33%. The import price peaked at $5,960 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($1,520 per ton), while the price for Germany ($822 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,614 per ton in 2022, surging by 102% against the previous year. Overall, the export price recorded a mild increase. The export price peaked at $2,708 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.8% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of fresh or chilled chicory, other than witloof chicory, when their volume decreased by -81% to 111 tons. In general, imports showed a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year.

In value terms, imports of fresh or chilled chicory, other than witloof chicory shrank sharply to $146K in 2022. Overall, imports showed a sharp curtailment. The smallest decline of -16.6% was in 2021.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain68.681.018344.8-13.2%
Lithuania13869.016935.8-36.2%
Italy46246024530.4-59.6%
Poland14216235.220.0-48.0%
GermanyN/AN/A19.15.4-71.7%
Lebanon12725.4N/AN/A-80.0%
Others61.031.241.19.8-45.6%
Total1,000829692146-47.3%

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

  1. Spain (33.2 tons)
  2. Lithuania (31.3 tons)
  3. Italy (20.0 tons)
  4. Poland (16.3 tons)
  5. Germany (6.6 tons)

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

Exports of fresh or chilled chicory, other than witloof chicory from Belarus fell markedly to 65 tons in 2022, declining by -60% against 2021 figures. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 395%. As a result, the exports attained the peak of 164 tons, and then declined significantly in the following year.

In value terms, exports of fresh or chilled chicory, other than witloof chicory reduced dramatically to $106K in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 560% against the previous year. As a result, the exports attained the peak of $211K, and then contracted rapidly in the following year.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia16532.0211106-13.7%
OthersN/AN/AN/AN/A0%
Total16532.0211106-13.7%

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

  1. Russia (65.5 tons)

Source: IndexBox Market Intelligence Platform

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