Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco (FOB) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco (CIF) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,182 per ton, rising by 22% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled chicory, other than witloof chicory increased by +64.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of 46%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($1,379 per ton) and Spain ($1,362 per ton), while the average price for exports to Germany ($1,117 per ton) and France ($1,159 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco (CIF) - 2022
In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,166 per ton, with a decrease of -13.8% against the previous year. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 9.5%. The import price peaked at $1,434 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,220 per ton), while the price for Spain stood at $1,166 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.5%).
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco
In 2022, approx. 1.1K tons of fresh or chilled chicory, other than witloof chicory were exported from Morocco; falling by -35.9% against 2021 figures. Overall, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 0.1% against the previous year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory shrank dramatically to $1.3M in 2022. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports reached the peak of $2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 667 | 396 | 1,006 | 640 | -1.4% |
| France | 1,035 | 719 | 202 | 301 | -33.7% |
| United Kingdom | N/A | 155 | 208 | 203 | 14.4% |
| Russia | N/A | 253 | 226 | 124 | -30.0% |
| Spain | 10.3 | 7.8 | 62.1 | 60.1 | 80.0% |
| Netherlands | 62.8 | 481 | N/A | N/A | 665.9% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1,775 | 2,012 | 1,704 | 1,329 | -9.2% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Morocco in 2022:
- Germany (573.2 tons)
- France (259.5 tons)
- United Kingdom (147.3 tons)
- Russia (100.1 tons)
- Spain (44.2 tons)
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco
In 2022, the amount of fresh or chilled chicory, other than witloof chicory imported into Morocco expanded significantly to 82 tons, with an increase of 14% against 2021 figures. The total import volume increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell to $96K in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of $99K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 69.9 | 98.5 | 97.9 | 92.7 | 9.9% |
| France | N/A | N/A | N/A | 2.8 | 0% |
| Others | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Total | 69.9 | 98.6 | 97.9 | 95.9 | 11.1% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Morocco in 2022:
- Spain (79.5 tons)
- France (2.3 tons)
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