Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland (CIF) - 2024
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland (CIF) - 2024
The average import price for fresh or chilled chicory, other than witloof chicory stood at $2,037 per ton in May 2024, jumping by 28% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in June 2023 when the average import price increased by 42% month-to-month. Over the period under review, average import prices attained the peak figure at $2,551 per ton in October 2023; however, from November 2023 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,175 per ton), while the price for Spain ($1,348 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland (FOB) - 2022
In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $1,070 per ton, which is down by -94% against the previous year. Overall, the export price, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 198%. Over the period under review, the average export prices reached the maximum at $17,800 per ton in 2021, and then fell rapidly in the following year.
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 France ($7,058 per ton), while the average price for exports to Spain ($973 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 Russia (+11.2%), 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 Switzerland
In 2022, approx. 10K tons of fresh or chilled chicory, other than witloof chicory were imported into Switzerland; with a decrease of -5.1% on the previous year's figure. Overall, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.8%. As a result, imports attained the peak of 11K tons, and then reduced in the following year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory fell to $16M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of $18M, and then contracted in the following year.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.4 | 9.4 | 11.5 | 10.6 | 4.1% |
| Spain | 4.2 | 4.3 | 4.0 | 3.6 | -5.0% |
| France | 2.5 | 1.9 | 2.1 | 1.8 | -10.4% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 16.4 | 15.8 | 17.8 | 16.2 | -0.4% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Switzerland in 2022:
- Italy (5.7K tons)
- Spain (3.4K tons)
- France (0.9K tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland
In 2022, after three years of growth, there was significant decline in overseas shipments of fresh or chilled chicory, other than witloof chicory, when their volume decreased by -33.1% to 37 tons. Overall, exports showed a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, the exports reached the peak of 55 tons, and then declined sharply in the following year.
In value terms, exports of fresh or chilled chicory, other than witloof chicory declined markedly to $40K in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -6.2% was in 2021.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 5.5 | N/A | 29.6 | 132.0% |
| Spain | N/A | N/A | N/A | 6.9 | 0% |
| France | 683 | 536 | 508 | 3.1 | -83.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 683 | 541 | 508 | 39.7 | -61.3% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from Switzerland in 2022:
- Italy (29.3 tons)
- Spain (7.1 tons)
- France (0.4 tons)
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