Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden (CIF) - 2023
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden (CIF) - 2023
In December 2023, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $2,573 per ton, falling by -2.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 55% month-to-month. As a result, import price attained the peak level of $4,247 per ton. From June 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($5,433 per ton), while the price for Italy ($1,894 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 Italy (+0.7%), 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 Sweden (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $4,535 per ton, declining by -13.3% against the previous year. Overall, the export price, however, saw measured growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 220% against the previous year. The export price peaked at $24,452 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($4,416 per ton), while the average price for exports to the Netherlands amounted to $2,581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden
After three years of growth, overseas purchases of fresh or chilled chicory, other than witloof chicory decreased by -11.3% to 328 tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 370 tons, and then contracted in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory contracted to $859K in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $956K, and then dropped in the following year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 70.1 | 160 | 463 | 405 | 79.4% |
| Netherlands | 322 | 319 | 352 | 364 | 4.2% |
| Italy | 133 | 86.1 | 88.6 | 80.5 | -15.4% |
| Denmark | 209 | 83.2 | 51.6 | 0.1 | -92.2% |
| Others | 34.7 | 2.7 | 1.3 | 9.7 | -34.6% |
| Total | 769 | 651 | 956 | 859 | 3.8% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Sweden in 2022:
- Spain (197.3 tons)
- Netherlands (90.3 tons)
- Italy (37.2 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden
Exports of fresh or chilled chicory, other than witloof chicory from Sweden skyrocketed to 4.4 tons in 2022, rising by 42% on 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 123% against the previous year. Over the period under review, the exports of hit record highs in 2022 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 $20K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 210%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 4.2 | 14.7 | 17.8 | 105.9% |
| Netherlands | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Norway | 1.7 | 3.0 | N/A | N/A | 76.5% |
| Others | 0.7 | 0.4 | 1.0 | 1.8 | 37.0% |
| Total | 2.4 | 7.5 | 16.1 | 19.8 | 102.1% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Sweden in 2022:
- Denmark (4.0 tons)
- Netherlands (0.1 tons)
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