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

Contents:

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

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $3,221 per ton, remaining relatively unchanged against the previous year. In general, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 111% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Djibouti.

From 2012 to 2022, the rate of growth in terms of prices for Djibouti amounted to +9.5% per year.

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $3,645 per ton, which is down by -17.5% against the previous year. Overall, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 97% against the previous year. Over the period under review, average import prices reached the maximum at $6,484 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.6% per year.

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

In 2022, approx. 458 kg of fresh or chilled chicory, other than witloof chicory were exported from Ethiopia; rising by 28% against the year before. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 277% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $1.5K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 279% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Djibouti2161071,1461,47589.7%
GermanyN/A699N/AN/A0%
OthersN/A12.0N/AN/A0%
Total2168181,1461,47589.7%

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

  1. Djibouti (458.0 kg)

Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Ethiopia

In 2022, approx. 62 kg of fresh or chilled chicory, other than witloof chicory were imported into Ethiopia; remaining stable against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory reduced markedly to $226 in 2022. Overall, imports faced a abrupt slump. The smallest decline of -17.4% was in 2020.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China402332274226-17.5%
OthersN/AN/AN/AN/A0%
Total402332274226-17.5%

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

  1. China (62.0 kg)

Source: IndexBox Market Intelligence Platform

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