Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala (FOB) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala (CIF) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $522 per ton in 2022, falling by -17.6% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2015 when the average export price increased by 53% against the previous year. The export price peaked at $1,965 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,738 per ton), while the average price for exports to El Salvador ($176 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 the United States (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala (CIF) - 2022
The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,658 per ton in 2022, falling by -42.6% against the previous year. In general, the import price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 126% against the previous year. The import price peaked at $2,889 per ton in 2021, and then declined notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Honduras.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +11.5% per year.
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala
In 2022, the amount of fresh or chilled chicory, other than witloof chicory exported from Guatemala surged to 1.4K tons, increasing by 61% on the previous year. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 66%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $717K in 2022. Overall, exports, however, recorded a drastic downturn.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 853 | 355 | 313 | 419 | -21.1% |
| El Salvador | 31.9 | 33.7 | 98.8 | 163 | 72.2% |
| Honduras | 147 | 25.5 | 28.4 | 99.4 | -12.2% |
| Nicaragua | 22.8 | 86.5 | 153 | 30.6 | 10.3% |
| Others | N/A | N/A | N/A | 5.7 | 0% |
| Total | 1,055 | 501 | 593 | 717 | -12.1% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Guatemala in 2022:
- El Salvador (922.6 tons)
- United States (240.9 tons)
- Honduras (179.5 tons)
- Nicaragua (28.4 tons)
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala
In 2022, imports of fresh or chilled chicory, other than witloof chicory into Guatemala shrank rapidly to 225 kg, waning by -78% on the year before. Over the period under review, imports saw a sharp reduction.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell markedly to $373 in 2022. Overall, imports recorded a sharp slump.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Guatemala (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Honduras | N/A | 0.4 | 0% |
| United States | 3.0 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 3.0 | 0.4 | -86.7% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Guatemala in 2022:
- Honduras (225.0 kg)
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