Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary (FOB) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary (CIF) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $4,365 per ton, surging by 31% against the previous year. Over the period under review, the export price showed perceptible growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 160%. The export price peaked at $6,532 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($6,893 per ton), while the average price for exports to Romania ($2,174 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 Poland (+161.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary (CIF) - 2022
The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,651 per ton in 2022, growing by 66% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The import price peaked at $14,612 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,493 per ton), while the price for Slovenia ($1,172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary
In 2022, exports of fresh or chilled chicory, other than witloof chicory from Hungary skyrocketed to 116 tons, rising by 418% against the previous year's figure. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 2,234,700%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $481K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 7,007,100% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | 7.7 | 178 | 2211.7% |
| Slovakia | N/A | N/A | 17.3 | 178 | 928.9% |
| Romania | N/A | N/A | 18.5 | 124 | 570.3% |
| Poland | N/A | N/A | 26.1 | 1.1 | -95.8% |
| Others | 2.9 | N/A | 0.4 | N/A | -62.9% |
| Total | 2.9 | N/A | 70.1 | 481 | 449.4% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Hungary in 2022:
- Romania (57.2 tons)
- Slovakia (32.6 tons)
- Czech Republic (25.8 tons)
- Poland (0.2 tons)
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary
In 2022, imports of fresh or chilled chicory, other than witloof chicory into Hungary plummeted to 93 tons, waning by -62.1% compared with the previous year. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. As a result, imports reached the peak of 245 tons, and then fell notably in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell significantly to $153K in 2022. Over the period under review, imports, however, posted moderate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports reached the peak of $238K, and then declined remarkably in the following year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.7 | 47.3 | 137 | 82.1 | 97.2% |
| Netherlands | N/A | N/A | 28.8 | 41.2 | 43.1% |
| Belgium | 1.5 | N/A | 12.9 | 27.9 | 165.0% |
| Slovenia | N/A | N/A | 10.4 | 2.3 | -77.9% |
| Spain | 9.8 | 17.2 | 28.6 | N/A | 70.8% |
| Austria | 110 | 31.2 | 19.5 | N/A | -57.9% |
| Others | 8.0 | 15.5 | 1.0 | N/A | -64.6% |
| Total | 140 | 111 | 238 | 153 | 3.0% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Hungary in 2022:
- Italy (60.6 tons)
- Netherlands (19.2 tons)
- Belgium (11.2 tons)
- Slovenia (1.9 tons)
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