Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Mexico - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Mexico (FOB) - 2023
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Mexico
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Mexico (FOB) - 2023
In February 2023, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,331 per ton, leveling off at the previous month. In general, the export price saw a slight curtailment. As a result, the export price reached the peak level of $1,485 per ton. From June 2022 to February 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From May 2022 to February 2023, the rate of growth in terms of prices for the United States amounted to -1.2% per month.
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Mexico
In 2022, approx. 5.2K tons of fresh or chilled chicory, other than witloof chicory were exported from Mexico; growing by 53% against 2021 figures. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $8.7M in 2022. Over the period under review, exports posted a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 2.8 | 3.6 | 4.7 | 5.5% |
| Canada | 1.0 | 0.5 | 0.7 | 1.8 | 21.6% |
| Japan | 1.5 | 0.7 | 0.7 | 1.7 | 4.3% |
| South Korea | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 6.8 | 4.3 | 5.1 | 8.7 | 8.6% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Mexico in 2022:
- United States (3.8K tons)
- Canada (0.8K tons)
- Japan (0.5K tons)
- South Korea (0.1K tons)
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