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

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Germany (CIF) - 2023
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Germany (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Germany
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Germany

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Germany (CIF) - 2023

In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,461 per ton, reducing by -16.6% against the previous month. In general, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in July 2023 an increase of 53% m-o-m. The import price peaked at $3,226 per ton in August 2023; however, from September 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($3,242 per ton), while the price for Spain ($1,241 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Portugal (+5.9%), 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 Germany (FOB) - 2022

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,979 per ton, growing by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($2,636 per ton), while the average price for exports to Poland ($662 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.8%), 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 Germany

In 2022, approx. 18K tons of fresh or chilled chicory, other than witloof chicory were imported into Germany; flattening at the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory dropped to $27M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, imports attained the peak of $29M, and then shrank in the following year.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12.514.214.913.52.6%
Spain6.74.68.37.32.9%
Netherlands1.83.52.63.018.6%
France2.31.21.00.7-32.7%
Morocco0.60.50.80.60.0%
Belgium0.70.60.70.5-10.6%
Portugal0.30.50.40.410.1%
Others0.10.70.60.8100.0%
Total25.025.729.126.82.3%

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

  1. Italy (9.2K tons)
  2. Spain (5.6K tons)
  3. Netherlands (1.2K tons)
  4. France (0.6K tons)
  5. Morocco (0.5K tons)
  6. Portugal (0.4K tons)
  7. Belgium (0.3K tons)

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

In 2022, the amount of fresh or chilled chicory, other than witloof chicory exported from Germany declined sharply to 992 tons, which is down by -19.7% compared with the previous year. In general, exports saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 11%.

In value terms, exports of fresh or chilled chicory, other than witloof chicory stood at $2M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.8%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands920522881725-7.6%
Austria574415511518-3.4%
France10771.119032244.4%
Spain90.973.428.81209.7%
Italy60.046.531.510620.9%
Switzerland1.05.24.858.8288.9%
Poland14.268.31894.8-30.3%
Sweden3.83054.83.1-6.6%
Others75.129599.710612.2%
Total1,8461,8011,9411,9632.1%

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

  1. Netherlands (326.8 tons)
  2. Austria (196.4 tons)
  3. France (148.0 tons)
  4. Spain (144.9 tons)
  5. Italy (90.2 tons)
  6. Switzerland (40.0 tons)
  7. Poland (7.3 tons)
  8. Sweden (0.5 tons)

Source: IndexBox Market Intelligence Platform

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