Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia (CIF) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia (CIF) - 2022
The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,889 per ton in 2022, growing by 6.8% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 63% against the previous year. As a result, import price reached the peak level of $4,689 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($3,373 per ton), while the price for Spain ($1,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+21.9%), 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 Estonia (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $8,657 per ton in 2022, dropping by -28.9% against the previous year. Over the period under review, export price indicated noticeable growth from 2016 to 2022: its price increased at an average annual rate of +3.3% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average export price increased by 51%. Over the period under review, the average export prices attained the peak figure at $12,172 per ton in 2021, and then contracted rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -3.9% per year.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia
In 2022, approx. 23 tons of fresh or chilled chicory, other than witloof chicory were imported into Estonia; with a decrease of -52.9% compared with 2021 figures. Overall, imports, however, continue to indicate a pronounced expansion. The growth pace was the most rapid in 2021 with an increase of 225% against the previous year. As a result, imports reached the peak of 48 tons, and then reduced sharply in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell significantly to $43K in 2022. Over the period under review, imports recorded a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 154% against the previous year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 0.5 | 25.6 | 21.0 | 548.1% |
| Spain | 0.8 | 13.3 | 51.3 | 15.3 | 167.4% |
| Latvia | N/A | N/A | N/A | 3.6 | 0% |
| Netherlands | 4.6 | 6.5 | 6.3 | 2.0 | -24.2% |
| Italy | 81.6 | 6.4 | 1.7 | 0.6 | -80.6% |
| Others | 0.3 | 6.7 | N/A | N/A | 2133.3% |
| Total | 87.3 | 33.4 | 85.0 | 42.5 | -21.3% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Estonia in 2022:
- Spain (11.1 tons)
- Lithuania (9.0 tons)
- Netherlands (1.1 tons)
- Latvia (1.1 tons)
- Italy (0.3 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia
In 2022, overseas shipments of fresh or chilled chicory, other than witloof chicory decreased by -95.4% to 132 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 4.6%. As a result, the exports attained the peak of 2.9 tons, and then declined notably in the following year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory declined significantly to $1.1K in 2022. Overall, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 6.7%. As a result, the exports attained the peak of $35K, and then dropped markedly in the following year.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Estonia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Netherlands | 32.7 | 32.5 | 1.1 | -81.7% |
| Portugal | N/A | 1.7 | N/A | 0% |
| Others | N/A | 0.8 | N/A | 0% |
| Total | 32.7 | 34.9 | 1.1 | -81.7% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Estonia in 2022:
- Netherlands (132.0 kg)
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