Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia (FOB) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia (CIF) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,633 per ton, reducing by -6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 78%. As a result, the export price reached the peak level of $2,015 per ton. From 2021 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 Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +3.1% per year.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia (CIF) - 2022
The average import price for fresh or chilled chicory, other than witloof chicory stood at $3,708 per ton in 2022, picking up by 114% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 127% against the previous year. As a result, import price attained the peak level of $9,091 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,149 per ton), while the price for China ($1,597 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia
For the third year in a row, Malaysia recorded decline in overseas shipments of fresh or chilled chicory, other than witloof chicory, which decreased by -34.6% to 83 tons in 2022. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -33.7% was in 2021.
In value terms, exports of fresh or chilled chicory, other than witloof chicory declined remarkably to $136K in 2022. In general, exports showed a sharp reduction. The smallest decline of -8.9% was in 2021.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 227 | 234 | 195 | 136 | -15.7% |
| Brunei Darussalam | 7.9 | 0.8 | N/A | N/A | -89.9% |
| Australia | 111 | 0.5 | 10.2 | N/A | -69.7% |
| Others | 7.5 | 7.7 | 15.8 | N/A | 45.1% |
| Total | 354 | 243 | 221 | 136 | -27.3% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Malaysia in 2022:
- Singapore (83.0 tons)
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia
In 2022, imports of fresh or chilled chicory, other than witloof chicory into Malaysia surged to 3.8 tons, picking up by 18% against 2021 figures. In general, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory soared to $12K in 2022. Overall, imports, however, continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 251% against the previous year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.8 | N/A | N/A | 6.3 | -2.5% |
| Australia | 14.1 | 0.5 | 4.3 | 2.2 | -46.2% |
| Netherlands | 10.4 | 0.4 | 0.5 | 1.7 | -45.3% |
| Vietnam | N/A | N/A | N/A | 0.9 | 0% |
| China | 0.3 | 0.9 | 2.2 | 0.8 | 38.7% |
| Thailand | N/A | 0.4 | 0.2 | N/A | -50.0% |
| United States | 1.5 | N/A | N/A | N/A | 0% |
| Others | 1.2 | N/A | 0.2 | 0.1 | -56.3% |
| Total | 34.3 | 2.1 | 7.5 | 12.0 | -29.5% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Malaysia in 2022:
- France (1515.0 kg)
- Australia (824.0 kg)
- Netherlands (685.0 kg)
- China (491.0 kg)
- Vietnam (266.0 kg)
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