Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Norway - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Norway (CIF) - 2024
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Norway
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Norway (CIF) - 2024
In May 2024, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $2,407 per ton, jumping by 47% against the previous month. In general, import price indicated a tangible expansion from May 2023 to May 2024: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2024 figures, import price for fresh or chilled chicory, other than witloof chicory increased by +46.7% against April 2024 indices. The pace of growth appeared the most rapid in June 2023 an increase of 61% month-to-month. As a result, import price reached the peak level of $2,948 per ton. From July 2023 to May 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,725 per ton), while the price for Spain ($1,723 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Norway
In 2022, approx. 764 tons of fresh or chilled chicory, other than witloof chicory were imported into Norway; reducing by -17.1% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 921 tons, and then reduced sharply in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell remarkably to $1.4M in 2022. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. As a result, imports attained the peak of $2M, and then fell remarkably in the following year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 581 | 494 | 790 | 641 | 3.3% |
| Italy | 320 | 406 | 678 | 441 | 11.3% |
| Germany | 115 | 108 | 295 | 155 | 10.5% |
| Netherlands | 43.2 | 130 | 198 | 87.8 | 26.7% |
| Others | 8.6 | 20.8 | 57.1 | 26.9 | 46.2% |
| Total | 1,068 | 1,159 | 2,019 | 1,352 | 8.2% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Norway in 2022:
- Spain (377.1 tons)
- Italy (287.4 tons)
- Germany (57.0 tons)
- Netherlands (33.2 tons)
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