Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium (CIF) - 2023
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium (CIF) - 2023
The average import price for fresh or chilled chicory, other than witloof chicory stood at $2,567 per ton in December 2023, rising by 43% against the previous month. In general, import price indicated moderate growth from December 2022 to December 2023: its price increased at an average monthly rate of +4.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for fresh or chilled chicory, other than witloof chicory increased by +126.3% against July 2023 indices. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 47% m-o-m. Over the period under review, average import prices attained the peak figure in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the Netherlands ($5,584 per ton), while the price for Spain ($1,588 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 France (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,418 per ton in 2022, increasing by 57% against the previous year. Over the period under review, the export price, however, saw a pronounced curtailment. Over the period under review, the average export prices reached the peak figure at $1,886 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($3,784 per ton), while the average price for exports to the Netherlands ($971 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 France (+3.6%), 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 Belgium
In 2022, imports of fresh or chilled chicory, other than witloof chicory into Belgium plummeted to 3.1K tons, waning by -24% compared with the year before. Over the period under review, imports continue to indicate a sharp contraction. The smallest decline of -18.6% was in 2020.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell markedly to $4.5M in 2022. In general, imports showed a precipitous setback. The smallest decline of -13.1% was in 2021.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.2 | 0.8 | 1.3 | 1.6 | 10.1% |
| Spain | 1.8 | 1.7 | 1.4 | 0.9 | -20.6% |
| Italy | 3.7 | 1.8 | 1.2 | 0.8 | -40.0% |
| France | 1.7 | 1.3 | 0.8 | 0.7 | -25.6% |
| Germany | 0.7 | 0.5 | 0.6 | 0.4 | -17.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.1 | 6.1 | 5.3 | 4.5 | -20.9% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Belgium in 2022:
- Spain (909.5 tons)
- Netherlands (854.3 tons)
- France (685.7 tons)
- Italy (589.3 tons)
- Germany (83.7 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium
For the third consecutive year, Belgium recorded decline in shipments abroad of fresh or chilled chicory, other than witloof chicory, which decreased by -38.8% to 1K tons in 2022. In general, exports faced a precipitous setback. The smallest decline of -20.2% was in 2021.
In value terms, exports of fresh or chilled chicory, other than witloof chicory contracted sharply to $1.5M in 2022. Over the period under review, exports recorded a sharp curtailment. The smallest decline of -3.4% was in 2020.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 652 | 594 | 703 | 550 | -5.5% |
| Luxembourg | 284 | 276 | 337 | 319 | 3.9% |
| Germany | 932 | 598 | 452 | 277 | -33.3% |
| France | 543 | 485 | 278 | 164 | -32.9% |
| Estonia | 131 | 243 | 32.4 | 161 | 7.1% |
| Czech Republic | 50.6 | 92.9 | 6.0 | 3.8 | -57.8% |
| United Kingdom | 235 | 297 | 12.1 | N/A | -77.3% |
| Others | 166 | 306 | 229 | 38.4 | -38.6% |
| Total | 2,993 | 2,892 | 2,049 | 1,513 | -20.3% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Belgium in 2022:
- Netherlands (565.9 tons)
- Germany (170.8 tons)
- Luxembourg (107.5 tons)
- France (102.0 tons)
- Estonia (42.6 tons)
- Czech Republic (3.1 tons)
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