Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg (CIF) - 2023
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg (CIF) - 2023
In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $3,669 per ton, increasing by 10% against the previous month. Over the period under review, import price indicated perceptible growth from December 2022 to December 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. 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 +27.9% against October 2023 indices. The pace of growth was the most pronounced in August 2023 when the average import price increased by 54% month-to-month. The import price peaked in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,242 per ton), while the price for the Netherlands ($2,890 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 Belgium (+4.9%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,903 per ton, with a decrease of -13.5% against the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 13% against the previous year. As a result, the export price reached the peak level of $2,666 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,917 per ton), while the average price for exports to France ($1,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg
In 2022, supplies from abroad of fresh or chilled chicory, other than witloof chicory decreased by -15.4% to 871 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59%. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fresh or chilled chicory, other than witloof chicory dropped remarkably to $1.6M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 751 | 1,327 | 1,251 | 911 | 6.6% |
| France | 610 | 868 | 855 | 603 | -0.4% |
| Netherlands | 116 | 114 | 63.3 | 44.0 | -27.6% |
| Others | 35.2 | 35.1 | 47.8 | 50.2 | 12.6% |
| Total | 1,512 | 2,343 | 2,216 | 1,609 | 2.1% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Luxembourg in 2022:
- Belgium (623.5 tons)
- France (226.6 tons)
- Netherlands (15.6 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg
In 2022, after three years of growth, there was significant decline in overseas shipments of fresh or chilled chicory, other than witloof chicory, when their volume decreased by -9.5% to 344 tons. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 678%.
In value terms, exports of fresh or chilled chicory, other than witloof chicory reduced sharply to $654K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 623%. As a result, the exports reached the peak of $895K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 48.8 | 801 | 745 | 573 | 127.3% |
| France | 54.5 | 73.9 | 72.3 | 62.2 | 4.5% |
| Germany | 19.9 | 19.3 | 18.2 | 18.1 | -3.1% |
| Others | 0.6 | 0.6 | 0.3 | 1.0 | 18.6% |
| Total | 124 | 895 | 836 | 654 | 74.1% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Luxembourg in 2022:
- Belgium (298.8 tons)
- France (35.2 tons)
- Germany (9.5 tons)
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