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

Contents:

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

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

The average import price for fresh or chilled chicory, other than witloof chicory stood at $2,128 per ton in 2022, jumping by 19% against the previous year. In general, the import price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure at $2,449 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,634 per ton), while the price for Spain ($1,312 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $7,554 per ton, jumping by 77% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 266%. The export price peaked at $14,108 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 Cabo Verde ($9,273 per ton), while the average price for exports to Spain ($1,903 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 Sao Tome and Principe (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of fresh or chilled chicory, other than witloof chicory was finally on the rise to reach 65 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed prominent growth. As a result, imports reached the peak 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 $198K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A1520%
Spain86.547.138.540.3-22.5%
Netherlands2.15.35.93.821.9%
OthersN/AN/A0.11.31200.0%
Total88.652.544.419830.7%

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

  1. France (32.9 tons)
  2. Spain (30.7 tons)
  3. Netherlands (1.2 tons)

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

In 2022, shipments abroad of fresh or chilled chicory, other than witloof chicory was finally on the rise to reach 206 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic shrinkage.

In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $1.5K in 2022. Overall, exports, however, faced a dramatic setback.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola0.40.7N/A1.140.1%
GuineaN/AN/AN/A0.20%
Cabo VerdeN/AN/A0.30.2-33.3%
SpainN/AN/AN/A0.10%
LuxembourgN/AN/AN/AN/A0%
Netherlands17.7N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total18.20.90.31.5-56.5%

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

  1. Angola (119.0 kg)
  2. Spain (31.0 kg)
  3. Guinea (26.0 kg)
  4. Cabo Verde (22.0 kg)
  5. Luxembourg (6.0 kg)

Source: IndexBox Market Intelligence Platform

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