Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia - 2023
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia (CIF) - 2023
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia (CIF) - 2023
In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $4,931 per ton, rising by 17% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 73% against the previous month. The import price peaked at $5,421 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was the Czech Republic ($7,038 per ton), while the price for Italy ($4,791 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.1%), 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 Slovakia (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $5,511 per ton, with an increase of 17% against the previous year. In general, the export price continues to indicate a perceptible expansion. The growth pace was the most rapid in 2016 an increase of 185%. The export price peaked at $17,166 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($6,888 per ton), while the average price for exports to the Czech Republic ($3,119 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 Austria (+9.3%), 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 Slovakia
For the fourth year in a row, Slovakia recorded growth in purchases abroad of fresh or chilled chicory, other than witloof chicory, which increased by 0.3% to 859 tons in 2022. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fresh or chilled chicory, other than witloof chicory declined dramatically to $3M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,710 | 1,761 | 2,113 | 1,728 | 0.3% |
| Germany | 276 | 953 | 1,161 | 1,122 | 59.6% |
| Czech Republic | 12.3 | 65.0 | 147 | 73.7 | 81.6% |
| Hungary | N/A | 23.5 | 100 | 56.8 | 55.5% |
| Others | 69.5 | 9.0 | 6.2 | 7.4 | -52.6% |
| Total | 2,068 | 2,811 | 3,527 | 2,988 | 13.1% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Slovakia in 2022:
- Italy (619.4 tons)
- Germany (206.1 tons)
- Czech Republic (16.6 tons)
- Hungary (13.8 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia
After two years of decline, shipments abroad of fresh or chilled chicory, other than witloof chicory increased by 134% to 2.3 tons in 2022. In general, exports, however, showed a significant decline.
In value terms, exports of fresh or chilled chicory, other than witloof chicory skyrocketed to $13K in 2022. Over the period under review, exports, however, showed a dramatic shrinkage.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.7 | 3.1 | 2.3 | 9.5 | 3.0% |
| Czech Republic | 0.1 | N/A | 1.5 | 2.2 | 180.2% |
| Malta | 0.5 | 0.1 | 0.4 | 1.1 | 30.1% |
| Hungary | 55.5 | 3.9 | N/A | N/A | -93.0% |
| Austria | 1.9 | 0.3 | 0.3 | N/A | -60.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 66.7 | 7.4 | 4.5 | 12.8 | -42.3% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Slovakia in 2022:
- Germany (1373.0 kg)
- Czech Republic (712.0 kg)
- Malta (225.0 kg)
- Austria (9.0 kg)
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