Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Nepal - 2022

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Nepal (CIF) - 2022
  2. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Nepal

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,156 per ton, waning by -5.8% against the previous year. Overall, the import price faced a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 38% against the previous year. The import price peaked at $4,826 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -9.8% per year.

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

For the fourth year in a row, Nepal recorded growth in purchases abroad of fresh or chilled chicory, other than witloof chicory, which increased by 13% to 932 kg in 2022. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory expanded notably to $1.1K in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 6.1%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9039581,0161,0776.0%
OthersN/AN/AN/AN/A0%
Total9039581,0161,0776.0%

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

  1. India (932.0 kg)

Source: IndexBox Market Intelligence Platform

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