Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Poland - 2024

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Poland (CIF) - 2023
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Poland (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Poland
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Poland

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Poland (CIF) - 2023

In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,321 per ton, surging by 12% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 193% month-to-month. As a result, import price reached the peak level of $3,226 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($2,133 per ton), while the price for Spain ($1,204 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,614 per ton in 2022, increasing by 22% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of 106%. The export price peaked at $5,178 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($3,810 per ton), while the average price for exports to Italy ($734 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 Ukraine (+6.5%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, Poland recorded growth in overseas purchases of fresh or chilled chicory, other than witloof chicory, which increased by 23% to 2K tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory soared to $2.3M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7468741,2891,64830.2%
Germany5.181.8420371317.4%
Hungary243217211231-1.7%
Italy20150.112.326.7-49.0%
AustriaN/A5.57.224.5111.1%
Others4.316722.85.911.1%
Total1,1991,3961,9632,30724.4%

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

  1. Spain (1427.1 tons)
  2. Hungary (395.6 tons)
  3. Germany (104.8 tons)
  4. Austria (44.6 tons)
  5. Italy (15.6 tons)

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

For the third year in a row, Poland recorded decline in overseas shipments of fresh or chilled chicory, other than witloof chicory, which decreased by -7.8% to 502 tons in 2022. In general, exports faced a abrupt decline. The smallest decline of -5.2% was in 2020.

In value terms, exports of fresh or chilled chicory, other than witloof chicory expanded notably to $810K in 2022. Overall, exports continue to indicate a drastic downturn.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine14274.618942043.5%
Czech Republic257164152194-8.9%
Belarus10216024014111.4%
ItalyN/A14471.352.8-39.4%
Germany9913367.4N/A-91.4%
Others25.545.062.12.0-57.2%
Total1,516925722810-18.9%

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

  1. Ukraine (268.6 tons)
  2. Belarus (108.5 tons)
  3. Italy (71.9 tons)
  4. Czech Republic (51.0 tons)

Source: IndexBox Market Intelligence Platform

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