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

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark (CIF) - 2022
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark (CIF) - 2022

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,417 per ton, reducing by -47.1% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 128% against the previous year. The import price peaked at $2,678 per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,519 per ton), while the price for Italy ($1,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $2,617 per ton, waning by -51.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 162%. As a result, the export price reached the peak level of $5,402 per ton, and then reduced notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($5,300 per ton), while the average price for exports to Italy stood at $1,059 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+30.7%), 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 Denmark

In 2022, overseas purchases of fresh or chilled chicory, other than witloof chicory increased by 1,180% to 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate 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 surged to $2.6M in 2022. In general, imports continue to indicate a significant expansion. 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 Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy78.946.076.52,220204.2%
Germany517453280273-19.2%
Netherlands20616120.842.5-40.9%
Others56.0N/AN/A22.0-26.8%
Total8586603782,55743.9%

Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Denmark in 2022:

  1. Italy (1661.2 tons)
  2. Germany (108.3 tons)
  3. Netherlands (25.7 tons)

Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark

In 2022, after two years of decline, there was significant growth in overseas shipments of fresh or chilled chicory, other than witloof chicory, when their volume increased by 79% to 6.1 tons. Overall, exports, however, continue to indicate a dramatic descent.

In value terms, exports of fresh or chilled chicory, other than witloof chicory surged to $29K in 2022. In general, exports, however, continue to indicate a significant decrease.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway5.333.31.528.274.6%
Italy1.1N/AN/A0.8-10.1%
Finland40.537.7N/AN/A-6.9%
Greenland9.1N/A5.5N/A-22.3%
Others2.2N/A11.3N/A126.6%
Total58.271.118.329.0-20.7%

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

  1. Norway (5.3 tons)
  2. Italy (0.7 tons)

Source: IndexBox Market Intelligence Platform

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