Price for Fresh or Chilled Chicory, Other than Witloof Chicory in New Zealand - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in New Zealand (FOB) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in New Zealand
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in New Zealand (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $2,231 per ton in 2022, reducing by -50% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 32%. Over the period under review, the average export prices hit record highs at $10,062 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($27,333 per ton), while the average price for exports to Spain ($3,276 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 Kiribati (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of fresh or chilled chicory, other than witloof chicory, when their volume decreased by -85.8% to 335 kg. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 393%. As a result, the exports attained the peak of 2.4 tons, and then declined significantly in the following year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory contracted rapidly to $2.2K in 2022. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 275%. As a result, the exports attained the peak of $16K, and then dropped remarkably in the following year.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Wallis and Futuna Islands | 1,082 | 1,223 | 977 | 479 | -23.8% |
| Spain | 893 | 1,066 | 2,158 | 439 | -21.1% |
| Samoa | 94.0 | 439 | 1,638 | 319 | 50.3% |
| Vanuatu | 240 | 364 | 939 | 243 | 0.4% |
| Fiji | 52.0 | 56.0 | 7,893 | 230 | 64.2% |
| Australia | 130 | 199 | 516 | 134 | 1.0% |
| Kiribati | 330 | 267 | 484 | 88.0 | -35.6% |
| Germany | 565 | N/A | N/A | N/A | 0% |
| Others | 1,154 | 638 | 1,360 | 318 | -34.9% |
| Total | 4,540 | 4,252 | 15,965 | 2,250 | -20.9% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from New Zealand in 2022:
- Spain (134.0 kg)
- Samoa (40.0 kg)
- Fiji (39.0 kg)
- Vanuatu (36.0 kg)
- Kiribati (26.0 kg)
- Wallis and Futuna Islands (20.0 kg)
- Australia (10.0 kg)
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