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

Contents:

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

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,303 per ton, increasing by 12% against the previous year. In general, the import price recorded a notable expansion. The pace of growth was the most pronounced in 2013 an increase of 90% against the previous year. Over the period under review, average import prices attained the peak figure at $2,596 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the Netherlands ($3,021 per ton), while the price for France ($1,067 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+9.3%), 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 Serbia (FOB) - 2022

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $988 per ton, waning by -78.1% against the previous year. Overall, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices reached the maximum at $5,458 per ton in 2020; however, from 2021 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 North Macedonia ($2,717 per ton), while the average price for exports to Italy totaled $605 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of fresh or chilled chicory, other than witloof chicory imported into Serbia skyrocketed to 288 tons, with an increase of 92% against 2021. Over the period under review, imports posted significant 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 skyrocketed to $375K in 2022. Overall, imports enjoyed a significant expansion. 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy23.647.550.6245118.1%
Spain44.612311074.418.6%
FranceN/A6.310.334.1132.7%
Greece0.6N/AN/A19.1216.9%
North Macedonia24.510.92.1N/A-70.7%
Others21.03.61.32.4-51.5%
Total11419117437548.7%

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

  1. Italy (196.0 tons)
  2. Spain (47.8 tons)
  3. France (32.0 tons)
  4. Greece (9.9 tons)

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

In 2022, shipments abroad of fresh or chilled chicory, other than witloof chicory decreased by -43.6% to 4.2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of 163 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fresh or chilled chicory, other than witloof chicory plummeted to $4.2K in 2022. Overall, exports faced a significant contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 69%. As a result, the exports attained the peak of $889K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.4N/AN/A2.114.5%
North Macedonia1.11.87.52.124.1%
Russia52488626.3N/A-77.6%
Others0.91.3N/AN/A44.4%
Total52788933.94.2-80.0%

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

  1. Italy (3.5 tons)
  2. North Macedonia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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