Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hong Kong SAR - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hong Kong SAR (CIF) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Hong Kong SAR
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hong Kong SAR (CIF) - 2022
The average import price for fresh or chilled chicory, other than witloof chicory stood at $4,212 per ton in 2022, declining by -10.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. As a result, import price attained the peak level of $4,699 per ton, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($15,150 per ton), while the price for the United States ($1,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Hong Kong SAR
In 2022, supplies from abroad of fresh or chilled chicory, other than witloof chicory was finally on the rise to reach 64 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous shrinkage.
In value terms, imports of fresh or chilled chicory, other than witloof chicory expanded slightly to $268K in 2022. In general, imports, however, showed a dramatic decrease.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 400 | 131 | 103 | 131 | -31.1% |
| South Korea | 16.3 | 71.1 | 100 | 89.3 | 76.3% |
| United States | 23.8 | 19.0 | 19.3 | 24.5 | 1.0% |
| Australia | 100 | 21.7 | 30.7 | 15.9 | -45.8% |
| Brazil | 6.4 | 3.7 | 2.8 | 2.2 | -29.9% |
| Others | 2.5 | 4.0 | 1.9 | 4.6 | 22.5% |
| Total | 549 | 250 | 258 | 268 | -21.3% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Hong Kong SAR in 2022:
- Netherlands (36.6 tons)
- United States (14.6 tons)
- South Korea (5.9 tons)
- Australia (3.8 tons)
- Brazil (1.3 tons)
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