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

Contents:

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

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $904 per ton, which is down by -7.5% against the previous year. In general, the import price recorded a slight decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 110%. As a result, import price reached the peak level of $2,280 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,333 per ton), while the price for Italy ($764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $4,264 per ton in 2022, dropping by -7.9% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 14% against the previous year. The export price peaked at $4,631 per ton in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +0.6% per year.

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

Imports of fresh or chilled chicory, other than witloof chicory into Romania surged to 1.2K tons in 2022, increasing by 39% against 2021. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. As a result, imports attained 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 $1.1M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy42251564377622.5%
Hungary2624.00.5137-19.4%
Netherlands95.213014613612.6%
Others2.95.239.23.01.1%
Total7836548291,05310.4%

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

  1. Italy (1016.7 tons)
  2. Netherlands (91.0 tons)
  3. Hungary (66.1 tons)

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

For the third year in a row, Romania recorded decline in shipments abroad of fresh or chilled chicory, other than witloof chicory, which decreased by -84.9% to 104 kg in 2022. In general, exports recorded a sharp downturn. The smallest decline of -24.1% was in 2021.

In value terms, exports of fresh or chilled chicory, other than witloof chicory fell sharply to $443 in 2022. Over the period under review, exports recorded a sharp curtailment. The smallest decline of -14.1% was in 2021.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova4.53.73.20.4-55.4%
OthersN/AN/AN/AN/A0%
Total4.53.73.20.4-55.4%

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

  1. Moldova (104.0 kg)

Source: IndexBox Market Intelligence Platform

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