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

Contents:

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

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,269 per ton, with a decrease of -11.4% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 56%. The import price peaked at $2,383 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 China ($1,437 per ton), while the price for Uzbekistan ($553 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), 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 Russia (FOB) - 2022

In 2021, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $4,339 per ton, picking up by 51% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 336% against the previous year. Over the period under review, the average export prices hit record highs at $10,132 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($4,368 per ton), while the average price for exports to Kazakhstan stood at $2,000 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+30.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of fresh or chilled chicory, other than witloof chicory decreased by -42.5% to 328 tons in 2022. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year.

In value terms, imports of fresh or chilled chicory, other than witloof chicory dropped dramatically to $417K in 2022. In general, imports faced a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2281392592401.7%
MoroccoN/A253226130-28.3%
Tunisia9.2N/A47.437.059.0%
UzbekistanN/A0.2N/A8.1536.4%
Serbia52488626.3N/A-77.6%
Iran0.32.75.8N/A339.7%
Belarus16532.0211N/A13.1%
Others3.1N/A42.61.5-21.5%
Total9291,313819417-23.4%

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

  1. China (166.7 tons)
  2. Morocco (104.2 tons)
  3. Tunisia (41.5 tons)
  4. Uzbekistan (14.7 tons)

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

Exports of fresh or chilled chicory, other than witloof chicory from Russia expanded sharply to 3.2 tons in 2021, with an increase of 12% on the year before. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,480% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $14K in 2021. In general, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,534%. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in the immediate term.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Russia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
BelarusN/A1.913.9631.6%
Kazakhstan0.32.7N/A800.0%
SerbiaN/A3.6N/A0%
OthersN/AN/AN/A0%
Total0.38.213.9580.7%

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

  1. Belarus (3.2 tons)

Source: IndexBox Market Intelligence Platform

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