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

Contents:

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

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,855 per ton, increasing by 54% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. The export price peaked at $4,000 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($6,538 per ton), while the average price for exports to Paraguay ($214 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 Argentina (+22.7%), 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 Brazil

In 2022, overseas shipments of fresh or chilled chicory, other than witloof chicory decreased by -23.8% to 21 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 13%. As a result, the exports reached the peak of 37 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $46K in 2022. Overall, exports, however, saw a relatively flat trend pattern.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall Islands6.76.65.57.95.6%
Liberia4.85.04.65.86.5%
Panama5.35.05.15.83.1%
Argentina2.17.35.04.226.0%
Singapore3.03.52.74.111.0%
Hong Kong SAR7.06.04.73.9-17.7%
Malta1.82.22.22.03.6%
Greece2.01.81.01.4-11.2%
Bahamas1.92.21.21.4-9.7%
China1.42.11.21.40.0%
Cyprus1.31.61.11.42.5%
United Kingdom0.81.30.61.07.7%
Paraguay0.60.70.60.75.3%
Others6.66.44.35.2-7.6%
Total45.451.639.846.10.5%

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

  1. Paraguay (3.2 tons)
  2. Marshall Islands (3.1 tons)
  3. Liberia (2.4 tons)
  4. Panama (2.3 tons)
  5. Hong Kong SAR (1.9 tons)
  6. Singapore (1.2 tons)
  7. Greece (0.9 tons)
  8. Malta (0.7 tons)
  9. United Kingdom (0.6 tons)
  10. China (0.6 tons)
  11. Argentina (0.6 tons)
  12. Cyprus (0.6 tons)
  13. Bahamas (0.5 tons)

Source: IndexBox Market Intelligence Platform

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