Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia - 2022
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia (FOB) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia (CIF) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $5,825 per ton in 2022, surging by 3.3% against the previous year. In general, the export price, however, showed a mild contraction. The export price peaked at $6,741 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -1.4% per year.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia (CIF) - 2022
In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $5,038 per ton, picking up by 7.5% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 325%. Over the period under review, average import prices hit record highs at $5,042 per ton in 2019; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($5,038 per ton), while the price for Malaysia totaled $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.5%).
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia
In 2022, the amount of fresh or chilled chicory, other than witloof chicory exported from Indonesia shrank to 1.7 tons, falling by -14% against the previous year's figure. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. As a result, the exports reached the peak of 1.9 tons, and then shrank in the following year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory shrank to $9.7K in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 99% against the previous year. As a result, the exports attained the peak of $11K, and then dropped in the following year.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.4 | 5.5 | 10.9 | 9.7 | 9.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 5.5 | 10.9 | 9.7 | 9.4% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Indonesia in 2022:
- Singapore (1.7 tons)
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia
For the third consecutive year, Indonesia recorded decline in purchases abroad of fresh or chilled chicory, other than witloof chicory, which decreased by -11.7% to 106 kg in 2022. In general, imports showed a abrupt decrease. The smallest decline of -6.2% was in 2020.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell to $530 in 2022. Over the period under review, imports showed a deep setback. The smallest decline of -4.3% was in 2021.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 725 | 566 | 553 | 529 | -10.0% |
| Others | 1.0 | 13.0 | 1.0 | 1.0 | 0.0% |
| Total | 726 | 579 | 554 | 530 | -10.0% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Indonesia in 2022:
- Australia (105.0 kg)
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