Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore (CIF) - 2022
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore (CIF) - 2022
In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $8,962 per ton, with an increase of 54% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Vietnam ($13,261 per ton), while the price for Thailand ($3,980 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+29.1%), 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 Singapore (FOB) - 2022
In 2021, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $11,193 per ton, growing by 14% against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 137%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($24,500 per ton), while the average price for exports to Maldives amounted to $10,371 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+17.0%).
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore
After two years of decline, supplies from abroad of fresh or chilled chicory, other than witloof chicory increased by 33% to 895 kg in 2022. In general, imports, however, showed a sharp shrinkage.
In value terms, imports of fresh or chilled chicory, other than witloof chicory skyrocketed to $8K in 2022. Overall, imports, however, showed a precipitous descent.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 11.4 | 6.0 | 2.5 | 5.4 | -22.0% |
| Thailand | 3.9 | 2.5 | 1.1 | 1.6 | -25.7% |
| Vietnam | N/A | 0.1 | N/A | 0.3 | 73.2% |
| Others | 0.8 | 0.3 | 0.3 | 0.7 | -4.4% |
| Total | 16.2 | 8.9 | 3.9 | 8.0 | -21.0% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Singapore in 2022:
- Malaysia (451.0 kg)
- Thailand (396.0 kg)
- Vietnam (23.0 kg)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore
In 2021, after two years of growth, there was significant decline in shipments abroad of fresh or chilled chicory, other than witloof chicory, when their volume decreased by -38.3% to 66 kg. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,683%. As a result, the exports reached the peak of 107 kg, and then fell significantly in the following year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory expanded markedly to $741 in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,466% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Singapore (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Maldives | 44.0 | 633 | 643 | 282.3% |
| South Korea | N/A | N/A | 98.0 | 0% |
| Papua New Guinea | N/A | 56.0 | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 44.0 | 689 | 741 | 310.4% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Singapore in 2022:
- Maldives (62.0 kg)
- South Korea (4.0 kg)
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