Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sri Lanka - 2022
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sri Lanka (FOB) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Sri Lanka
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sri Lanka (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $3,607 per ton, picking up by 114% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled chicory, other than witloof chicory increased by +116.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue 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 ($3,545 per ton), while the average price for exports to Maldives amounted to $2,333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (-1.1%).
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Sri Lanka
Exports of fresh or chilled chicory, other than witloof chicory from Sri Lanka skyrocketed to 284 kg in 2022, with an increase of 127% compared with the previous year's figure. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 594%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of fresh or chilled chicory, other than witloof chicory soared to $974 in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 603% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 911 | 0% |
| Maldives | 151 | 25.0 | 211 | 63.0 | -25.3% |
| Others | N/A | 5.0 | N/A | N/A | 0% |
| Total | 151 | 30.0 | 211 | 974 | 86.1% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Sri Lanka in 2022:
- South Korea (257.0 kg)
- Maldives (27.0 kg)
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