Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Italy - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Italy (FOB) - 2024
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Italy (CIF) - 2023
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Italy
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Italy
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Italy (FOB) - 2024
The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,957 per ton in March 2024, shrinking by -23.1% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in February 2024 when the average export price increased by 45% m-o-m. As a result, the export price attained the peak level of $2,545 per ton, and then fell notably in the following month.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Switzerland ($2,027 per ton), while the average price for exports to Serbia ($738 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.4%), 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 Italy (CIF) - 2023
In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $2,898 per ton, with an increase of 8.4% against the previous month. Overall, import price indicated a strong expansion from December 2022 to December 2023: its price increased at an average monthly rate of +5.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for fresh or chilled chicory, other than witloof chicory increased by +113.1% against July 2023 indices. The most prominent rate of growth was recorded in November 2023 an increase of 55% against the previous month. Over the period under review, average import prices attained the peak figure in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($5,230 per ton), while the price for Spain ($1,994 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Italy
In 2022, shipments abroad of fresh or chilled chicory, other than witloof chicory was finally on the rise to reach 39K tons after two years of decline. In general, exports, however, recorded a deep setback.
In value terms, exports of fresh or chilled chicory, other than witloof chicory declined slightly to $59M in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 8.5% against the previous year.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.2 | 22.5 | 24.0 | 22.5 | -1.0% |
| Austria | 6.1 | 5.9 | 6.3 | 5.8 | -1.7% |
| Netherlands | 5.0 | 3.7 | 5.3 | 5.2 | 1.3% |
| France | 5.5 | 4.0 | 5.0 | 5.2 | -1.9% |
| Czech Republic | 5.0 | 2.8 | 3.1 | 4.0 | -7.2% |
| Switzerland | 3.7 | 3.4 | 2.9 | 3.4 | -2.8% |
| Belgium | 1.8 | 1.4 | 1.8 | 1.9 | 1.8% |
| Poland | 5.2 | 3.3 | 3.0 | 1.8 | -29.8% |
| Spain | 1.9 | 1.5 | 1.5 | 1.3 | -11.9% |
| Croatia | 1.5 | 0.8 | 1.5 | 1.2 | -7.2% |
| Romania | 1.2 | 0.5 | 0.7 | 0.9 | -9.1% |
| Sweden | 1.3 | 1.3 | 1.1 | 0.9 | -11.5% |
| Slovenia | 1.4 | 1.0 | 1.2 | 0.9 | -13.7% |
| Others | 7.6 | 5.2 | 4.8 | 4.3 | -17.3% |
| Total | 70.5 | 57.3 | 62.2 | 59.3 | -5.6% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Italy in 2022:
- Germany (13.8K tons)
- Netherlands (3.9K tons)
- Austria (3.5K tons)
- France (2.6K tons)
- Czech Republic (2.4K tons)
- Switzerland (1.9K tons)
- Belgium (1.5K tons)
- Poland (1.4K tons)
- Spain (1.4K tons)
- Romania (1.1K tons)
- Croatia (1.0K tons)
- Sweden (0.8K tons)
- Slovenia (0.6K tons)
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Italy
In 2022, imports of fresh or chilled chicory, other than witloof chicory into Italy dropped to 3.3K tons, with a decrease of -13.4% against the previous year. In general, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 3.8K tons, and then reduced in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell to $4.4M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 998 | 1,831 | 2,564 | 2,449 | 34.9% |
| Netherlands | 1,126 | 1,520 | 1,358 | 1,209 | 2.4% |
| Austria | 239 | 142 | 193 | 213 | -3.8% |
| Poland | 12.5 | 42.7 | 31.4 | 171 | 139.2% |
| France | 202 | 491 | 660 | 166 | -6.3% |
| Germany | 139 | 72.8 | 94.4 | 78.9 | -17.2% |
| Greece | 2,252 | 47.7 | 1.8 | 21.0 | -79.0% |
| Others | 219 | 232 | 216 | 138 | -14.3% |
| Total | 5,187 | 4,378 | 5,118 | 4,445 | -5.0% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Italy in 2022:
- Spain (1892.4 tons)
- Netherlands (674.1 tons)
- Austria (264.0 tons)
- Poland (180.5 tons)
- France (102.3 tons)
- Germany (51.6 tons)
- Greece (13.2 tons)
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