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

Contents:

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

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

The average import price for fresh or chilled chicory, other than witloof chicory stood at $3,070 per ton in 2022, increasing by 108% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,569 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the Netherlands ($3,266 per ton), while the price for Latvia ($2,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,429 per ton in 2022, falling by -6.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 225%. Over the period under review, the average export prices attained the peak figure at $2,976 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Estonia ($4,866 per ton), while the average price for exports to Latvia stood at $1,835 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, overseas purchases of fresh or chilled chicory, other than witloof chicory decreased by -89.1% to 30 tons in 2022. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 337%. As a result, imports attained the peak of 273 tons, and then reduced dramatically in the following year.

In value terms, imports of fresh or chilled chicory, other than witloof chicory dropped notably to $95K in 2022. Overall, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 364%. As a result, imports attained the peak of $402K, and then declined rapidly in the following year.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9.611.010284.0106.1%
Netherlands51.129.247.67.7-46.8%
Latvia5.51.1N/A2.8-20.2%
Spain6.535.3223N/A485.7%
BelgiumN/AN/A13.1N/A0%
Italy2.90.713.4N/A115.0%
Others3.29.32.5N/A-11.6%
Total78.786.640294.56.3%

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

  1. Poland (26.1 tons)
  2. Netherlands (2.4 tons)
  3. Latvia (1.4 tons)

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

Exports of fresh or chilled chicory, other than witloof chicory from Lithuania shrank rapidly to 17 tons in 2022, falling by -93.8% against 2021 figures. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 282%. As a result, the exports reached the peak of 270 tons, and then shrank rapidly in the following year.

In value terms, exports of fresh or chilled chicory, other than witloof chicory dropped markedly to $81K in 2022. In general, exports faced a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 533% against the previous year. As a result, the exports reached the peak of $414K, and then declined markedly in the following year.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EstoniaN/AN/A11980.2-32.6%
Latvia1.40.20.30.5-29.1%
Belarus16365.3294N/A34.3%
Others2.6N/AN/AN/A0%
Total16765.441480.7-21.5%

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

  1. Estonia (16.5 tons)
  2. Latvia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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