Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Iran - 2022

Contents:

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

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,070 per ton in 2022, falling by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 19%. The export price peaked at $1,185 per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,093 per ton), while the average price for exports to Iraq totaled $1,061 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+2.3%).

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Iran (CIF) - 2022

The average import price for fresh or chilled chicory, other than witloof chicory stood at $710 per ton in 2020, which is down by -41.5% against the previous year. Over the period under review, the import price saw a slight decrease. The pace of growth was the most pronounced in 2015 an increase of 34%. The import price peaked at $3,348 per ton in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

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

From 2013 to 2020, the rate of growth in terms of prices for Brazil amounted to -41.5% per year.

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

In 2022, exports of fresh or chilled chicory, other than witloof chicory from Iran reduced sharply to 6.4 tons, shrinking by -20.6% compared with 2021. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 584%. As a result, the exports reached the peak of 8 tons, and then reduced dramatically in the following year.

In value terms, exports of fresh or chilled chicory, other than witloof chicory shrank dramatically to $6.8K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 640% against the previous year. As a result, the exports attained the peak of $9.5K, and then shrank notably in the following year.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq3.21.28.76.426.0%
Russia0.2N/A0.40.314.5%
Armenia0.3N/AN/AN/A0%
Others0.1N/A0.30.10.0%
Total3.81.39.56.821.4%

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

  1. Iraq (6.1 tons)
  2. Russia (0.3 tons)

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

Imports of fresh or chilled chicory, other than witloof chicory into Iran surged to 100 kg in 2020, increasing by 64% against the year before. Over the period under review, total imports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +63.9% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory shrank slightly to $71 in 2020. In general, imports, however, continue to indicate a noticeable decline.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Iran (USD)
COUNTRY20192020CAGR,
2019-2020
Brazil74.071.0-4.1%
OthersN/AN/A0%
Total74.071.0-4.1%

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

  1. Brazil (100.0 kg)

Source: IndexBox Market Intelligence Platform

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