Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Japan - 2024

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Japan (CIF) - 2024
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Japan (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Japan
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Japan

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Japan (CIF) - 2024

In April 2024, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $5,072 per ton, with an increase of 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($7,115 per ton), while the price for Mexico ($3,922 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Mexico (+0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $43,871 per ton, increasing by 445% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($97,667 per ton), while the average price for exports to Cambodia stood at $3,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+96.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, overseas purchases of fresh or chilled chicory, other than witloof chicory increased by 2.2% to 2K tons in 2022. Over the period under review, imports, however, saw a abrupt decline.

In value terms, imports of fresh or chilled chicory, other than witloof chicory rose remarkably to $7.6M in 2022. Overall, imports, however, saw a deep setback.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.96.76.36.6-9.5%
Mexico1.20.80.70.8-12.6%
Others0.10.10.10.10.0%
Total10.27.57.07.6-9.3%

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

  1. United States (1791.6 tons)
  2. Mexico (223.0 tons)

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

Exports of fresh or chilled chicory, other than witloof chicory from Japan dropped rapidly to 21 kg in 2022, which is down by -61.1% compared with the previous year. In general, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 145% against the previous year.

In value terms, exports of fresh or chilled chicory, other than witloof chicory surged to $921 in 2022. Overall, exports recorded a deep downturn.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Japan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A38213387951.7%
CambodiaN/AN/A16.042.0162.5%
Macao SARN/AN/A40.0N/A0%
Malaysia1,219N/A217N/A-57.8%
United Arab EmiratesN/AN/A5.0N/A0%
SingaporeN/A82.023.0N/A-72.0%
OthersN/AN/AN/AN/A0%
Total1,219464434921-8.9%

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

  1. Cambodia (12.0 kg)
  2. Spain (9.0 kg)

Source: IndexBox Market Intelligence Platform

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