Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Finland - 2023

Contents:

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

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

The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,718 per ton in 2022, declining by -2.5% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 29%. The import price peaked at $3,413 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 the Netherlands ($3,534 per ton), while the price for Spain ($958 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.1%), 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 Finland (FOB) - 2022

The average export price for fresh or chilled chicory, other than witloof chicory stood at $9,519 per ton in 2021, rising by 80% against the previous year. Overall, the export price saw a buoyant expansion. The export price peaked at $11,283 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Estonia amounted to +0.3% per year.

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

In 2022, imports of fresh or chilled chicory, other than witloof chicory into Finland rose rapidly to 547 tons, with an increase of 12% compared with the previous year. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fresh or chilled chicory, other than witloof chicory expanded sharply to $986K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden20226827530114.2%
Netherlands1951831932051.7%
Italy14050.81251716.9%
Spain41.513811616759.1%
Germany8.681.910176.6107.3%
Poland1.228.351.463.3275.0%
Others3.1N/A1.81.4-23.3%
Total59275086498618.5%

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

  1. Spain (174.7 tons)
  2. Sweden (127.9 tons)
  3. Italy (84.1 tons)
  4. Germany (69.0 tons)
  5. Netherlands (57.9 tons)
  6. Poland (32.5 tons)

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

In 2021, exports of fresh or chilled chicory, other than witloof chicory from Finland plummeted to 14 kg, shrinking by -89.6% compared with the previous year. Over the period under review, exports saw a sharp descent.

In value terms, exports of fresh or chilled chicory, other than witloof chicory shrank notably to $133 in 2021. In general, exports saw a sharp reduction.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Finland (USD)
COUNTRY20202021CAGR,
2020-2021
RussiaN/A1330%
Estonia713N/A0%
OthersN/AN/A0%
Total713133-81.3%

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

  1. Russia (14.0 kg)

Source: IndexBox Market Intelligence Platform

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