Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Bulgaria - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Bulgaria (CIF) - 2023
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Bulgaria
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Bulgaria (CIF) - 2023
In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $4,821 per ton, flattening at the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 5.1% against the previous month. As a result, import price reached the peak level of $4,888 per ton, and then dropped modestly in the following month.
As there is only one major supplying country, the average price level is determined by prices for Greece.
From December 2022 to December 2023, the rate of growth in terms of prices for Greece amounted to +1.1% per month.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in purchases abroad of fresh or chilled chicory, other than witloof chicory, which increased by 31% to 289 tons in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 282% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fresh or chilled chicory, other than witloof chicory surged to $1.1M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 132% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | 175 | 789 | 1,099 | 150.6% |
| Netherlands | 1.8 | 0.9 | 1.9 | 18.2 | 116.2% |
| Germany | 206 | 289 | 161 | 3.8 | -73.6% |
| Spain | 0.3 | 16.9 | N/A | 2.4 | 100.0% |
| Others | N/A | 1.0 | 1.4 | 2.4 | 54.9% |
| Total | 208 | 483 | 954 | 1,125 | 75.5% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Bulgaria in 2022:
- Greece (280.3 tons)
- Netherlands (5.3 tons)
- Spain (1.2 tons)
- Germany (0.7 tons)
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