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

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan (CIF) - 2022
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan

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

The average import price for fresh or chilled chicory, other than witloof chicory stood at $603 per ton in 2022, picking up by 54% against the previous year. In general, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2021 an increase of 115% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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

From 2018 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -30.4% per year.

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan (FOB) - 2022

The average export price for fresh or chilled chicory, other than witloof chicory stood at $4,423 per ton in 2022, jumping by 29% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 34%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($14,500 per ton), while the average price for exports to the United Arab Emirates totaled $4,014 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+10.8%).

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

In 2022, supplies from abroad of fresh or chilled chicory, other than witloof chicory decreased by 0% to 4 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of 7.1 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fresh or chilled chicory, other than witloof chicory totaled $2.4K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 3.3%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A2.40%
Iran1.3N/AN/AN/A0%
AfghanistanN/A1.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.31.3N/A2.422.7%

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

  1. United Kingdom (4.0 tons)

Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Pakistan

For the fourth consecutive year, Pakistan recorded growth in shipments abroad of fresh or chilled chicory, other than witloof chicory, which increased by 66% to 300 kg in 2022. In general, exports posted significant growth. As a result, the exports reached 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 skyrocketed to $1.3K in 2022. Over the period under review, exports showed a significant 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 Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2854196151,15259.3%
NetherlandsN/AN/AN/A1740%
Others1.01.01.01.00.0%
Total2864206161,32766.8%

Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Pakistan in 2022:

  1. United Arab Emirates (287.0 kg)
  2. Netherlands (12.0 kg)

Source: IndexBox Market Intelligence Platform

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