Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic - 2024

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic (CIF) - 2024
  2. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic (FOB) - 2022
  3. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic
  4. Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic (CIF) - 2024

In March 2024, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $3,936 per ton, waning by -12.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 49% against the previous month. The import price peaked at $4,702 per ton in January 2024; however, from February 2024 to March 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,895 per ton), while the price for Spain ($1,519 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for fresh or chilled chicory, other than witloof chicory amounted to $3,201 per ton, which is down by -43% against the previous year. In general, the export price, however, posted noticeable growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 50% against the previous year. The export price peaked at $5,614 per ton in 2021, and then contracted sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Slovakia.

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to +18.0% per year.

Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic

After two years of decline, supplies from abroad of fresh or chilled chicory, other than witloof chicory increased by 163% to 209 tons in 2022. In general, imports recorded a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled chicory, other than witloof chicory skyrocketed to $705K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.117.87.4453644.0%
Italy31891.2212110-29.8%
Netherlands85.110364.482.1-1.2%
SpainN/AN/AN/A31.70%
Belgium1.5N/AN/A20.0137.1%
Others0.427.82.87.4164.5%
Total40624028770520.2%

Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to the Czech Republic in 2022:

  1. Germany (91.6 tons)
  2. Netherlands (38.1 tons)
  3. Belgium (35.9 tons)
  4. Italy (21.8 tons)
  5. Spain (17.9 tons)

Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Czech Republic

In 2022, exports of fresh or chilled chicory, other than witloof chicory from the Czech Republic surged to 50 tons, growing by 77% against the previous year. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 167% against the previous year. Over the period under review, the exports of reached the maximum 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 stood at $161K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 212% against the previous year. 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia40.850.215816057.7%
Others2.30.81.20.5-39.9%
Total43.151.015916155.2%

Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from the Czech Republic in 2022:

  1. Slovakia (50.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Chicory (cichorium spp.), (other than witloof chicory), fresh or chilled - Czech Republic