Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Canada - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Canada (CIF) - 2024
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Canada (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Canada
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Canada
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Canada (CIF) - 2024
The average import price for fresh or chilled chicory, other than witloof chicory stood at $3,193 per ton in March 2024, growing by 14% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 14% month-to-month. As a result, import price reached the peak level of $3,761 per ton. From September 2023 to March 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,972 per ton), while the price for Mexico ($2,382 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), 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 Canada (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,457 per ton, declining by -10.5% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled chicory, other than witloof chicory increased by +71.6% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $1,628 per ton, and then shrank in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.5% per year.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Canada
In 2022, imports of fresh or chilled chicory, other than witloof chicory into Canada reached 2.7K tons, picking up by 4.1% compared with 2021. Over the period under review, imports, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory expanded rapidly to $7.3M in 2022. In general, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.8 | 2.8 | 3.5 | 3.8 | 0.0% |
| Belgium | 1.3 | 1.1 | 1.9 | 1.9 | 13.5% |
| Mexico | 0.8 | 0.5 | 0.7 | 0.9 | 4.0% |
| Netherlands | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Guatemala | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Total | 6.5 | 4.8 | 6.9 | 7.3 | 3.9% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Canada in 2022:
- United States (1792.3 tons)
- Mexico (388.2 tons)
- Belgium (368.9 tons)
- Netherlands (65.7 tons)
- Guatemala (28.9 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Canada
Exports of fresh or chilled chicory, other than witloof chicory from Canada soared to 75 tons in 2022, growing by 253% against 2021 figures. Overall, exports posted a modest expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $109K in 2022. In general, exports enjoyed a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 398% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 97.2 | 6.9 | 34.1 | 108 | 3.6% |
| Others | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
| Total | 97.3 | 6.9 | 34.4 | 109 | 3.9% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Canada in 2022:
- United States (73.6 tons)
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