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

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Peru (FOB) - 2022
  2. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Peru

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $3,742 per ton, standing approx. at the previous year. In general, the export price, however, recorded a perceptible expansion. The growth pace was the most rapid in 2018 when the average export price increased by 72%. Over the period under review, the average export prices hit record highs at $3,840 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($4,110 per ton), while the average price for exports to the Dominican Republic stood at $3,727 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Peru recorded growth in shipments abroad of fresh or chilled chicory, other than witloof chicory, which increased by 156% to 19 tons in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 207% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $71K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 536% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican RepublicN/A17.726.467.595.3%
Canada2.73.40.42.2-6.6%
SpainN/A1.00.90.6-22.5%
GermanyN/A4.3N/AN/A0%
Jamaica0.3N/AN/AN/A0%
Others1.1N/A0.20.3-35.2%
Total4.226.427.970.5156.0%

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

  1. Dominican Republic (18.1 tons)
  2. Canada (0.5 tons)
  3. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

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