Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica - 2022
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica (CIF) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica (CIF) - 2022
The average import price for fresh or chilled chicory, other than witloof chicory stood at $3,516 per ton in 2022, with a decrease of -46.5% against the previous year. Overall, the import price faced a dramatic curtailment. Over the period under review, average import prices hit record highs at $6,567 per ton in 2021, and then reduced sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for Mexico.
From 2021 to 2022, the rate of growth in terms of prices for Mexico amounted to -46.5% per year.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,416 per ton, surging by 11% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 +90.6% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 42% against the previous year. The export price peaked at $1,425 per ton in 2016; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,340 per ton), while the average price for exports to Nicaragua totaled $1,392 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+27.4%), 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 Costa Rica
In 2022, the amount of fresh or chilled chicory, other than witloof chicory imported into Costa Rica surged to 8.9 tons, picking up by 277% against the previous year's figure. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled chicory, other than witloof chicory skyrocketed to $31K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Mexico | 15.4 | 31.1 | 101.9% |
| Others | N/A | N/A | 0% |
| Total | 15.4 | 31.1 | 101.9% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Costa Rica in 2022:
- Mexico (8.9 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica
In 2022, shipments abroad of fresh or chilled chicory, other than witloof chicory decreased by -22.8% to 20 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 345%. As a result, the exports attained the peak of 39 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 reduced to $28K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 326%. As a result, the exports reached the peak of $40K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 8.7 | 38.3 | 30.9 | 26.7 | 45.3% |
| Others | 0.7 | 1.7 | 1.7 | 1.2 | 19.7% |
| Total | 9.4 | 40.0 | 32.6 | 27.9 | 43.7% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Costa Rica in 2022:
- Nicaragua (19.2 tons)
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