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

Contents:

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

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in India (FOB) - 2022

The average export price for fresh or chilled chicory, other than witloof chicory stood at $723 per ton in 2022, flattening at the previous year. In general, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $2,554 per ton in 2016; however, from 2017 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 Russia ($3,635 per ton), while the average price for exports to Bhutan ($63 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 Qatar (+19.3%), 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 India (CIF) - 2022

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $531 per ton, reducing by -4% against the previous year. Overall, the import price showed a abrupt contraction. Over the period under review, average import prices hit record highs at $1,373 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2016 to 2022, the rate of growth in terms of prices for Brazil amounted to -9.0% per year.

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

In 2022, overseas shipments of fresh or chilled chicory, other than witloof chicory decreased by 0% to 817 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a abrupt decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of fresh or chilled chicory, other than witloof chicory amounted to $692 in 2022. Over the period under review, exports saw a abrupt shrinkage. The smallest decline of 99.9% was in 2020.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in India (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait447N/AN/A336-9.1%
Russia243N/AN/A189-8.0%
United States194N/AN/A152-7.8%
Nepal7.0N/AN/A6.0-5.0%
Bhutan1.0N/AN/A1.00.0%
Poland3.0N/AN/AN/A0%
Others9.0N/AN/A8.0-3.9%
Total904N/AN/A692-8.5%

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

  1. United States (370.0 kg)
  2. Kuwait (279.0 kg)
  3. Nepal (90.0 kg)
  4. Russia (52.0 kg)
  5. Bhutan (16.0 kg)

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

In 2022, purchases abroad of fresh or chilled chicory, other than witloof chicory was finally on the rise to reach 371 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp shrinkage.

In value terms, imports of fresh or chilled chicory, other than witloof chicory soared to $197 in 2022. Overall, imports, however, recorded a significant decline.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in India (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil668185141197-33.4%
Thailand92.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total760185141197-36.2%

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

  1. Brazil (371.0 kg)

Source: IndexBox Market Intelligence Platform

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