Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland (CIF) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland (CIF) - 2022
In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,480 per ton, waning by -16.1% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2017 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $2,633 per ton in 2012; however, from 2013 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 the Netherlands ($2,324 per ton), while the price for the UK ($1,060 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $3,436 per ton, jumping by 15% against the previous year. Over the period under review, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 275%. As a result, the export price reached the peak level of $6,125 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +15.5% per year.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland
Imports of fresh or chilled chicory, other than witloof chicory into Ireland declined to 231 tons in 2022, remaining stable against 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of 233 tons, leveling off in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory dropped sharply to $341K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $411K, and then shrank remarkably in the following year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 87.7 | 53.9 | 142 | 158 | 21.7% |
| United Kingdom | 100 | 147 | 185 | 138 | 11.3% |
| France | 58.2 | 51.8 | 53.2 | 44.1 | -8.8% |
| Denmark | N/A | 28.9 | 27.4 | 0.5 | -86.8% |
| Egypt | 37.8 | N/A | N/A | N/A | 0% |
| Italy | 23.0 | 3.7 | 3.1 | N/A | -63.3% |
| Others | 30.7 | 5.9 | N/A | N/A | -80.8% |
| Total | 338 | 291 | 411 | 341 | 0.3% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Ireland in 2022:
- United Kingdom (130.5 tons)
- Netherlands (68.2 tons)
- France (31.7 tons)
- Denmark (0.3 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland
In 2022, approx. 7.6 tons of fresh or chilled chicory, other than witloof chicory were exported from Ireland; waning by -6.8% on the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, the exports attained the peak of 8.2 tons, and then declined in the following year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory reached $26K in 2022. Overall, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 118% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.8 | 11.2 | 24.4 | 26.2 | 18.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.8 | 11.2 | 24.4 | 26.2 | 18.4% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Ireland in 2022:
- United Kingdom (7.6 tons)
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