Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Ecuador - 2022

Contents:

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

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $4,516 per ton in 2022, picking up by 11% against the previous year. Overall, the export price showed a perceptible increase. The pace of growth was the most pronounced in 2018 an increase of 124%. The export price peaked in 2022 and is likely to see steady growth in the near future.

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 Ireland ($9,875 per ton), while the average price for exports to Canada totaled $2,652 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+33.6%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Ecuador recorded decline in overseas shipments of fresh or chilled chicory, other than witloof chicory, which decreased by -18.4% to 31 kg in 2022. In general, exports saw a precipitous decline.

In value terms, exports of fresh or chilled chicory, other than witloof chicory declined to $140 in 2022. Overall, exports showed a precipitous shrinkage.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland447N/AN/A79.0-43.9%
Canada50.027815561.06.9%
OthersN/AN/AN/AN/A0%
Total497278155140-34.4%

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

  1. Canada (23.0 kg)
  2. Ireland (8.0 kg)

Source: IndexBox Market Intelligence Platform

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