Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Dominican Republic - 2023

Contents:

  1. Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Dominican Republic (CIF) - 2022
  2. Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Dominican Republic

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Dominican Republic (CIF) - 2022

The average import price for fresh or chilled chicory, other than witloof chicory stood at $8,854 per ton in 2022, picking up by 7.6% against the previous year. In general, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 211%. Over the period under review, average import prices hit record highs at $10,164 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,447 per ton), while the price for Peru stood at $8,330 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+14.1%).

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

In 2022, overseas purchases of fresh or chilled chicory, other than witloof chicory increased by 54% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous decrease.

In value terms, imports of fresh or chilled chicory, other than witloof chicory surged to $135K in 2022. Over the period under review, imports, however, recorded a deep reduction.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20433.642.067.6-30.8%
PeruN/A17.726.467.595.3%
OthersN/AN/AN/AN/A0%
Total20451.368.4135-12.9%

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

  1. Peru (8.1 tons)
  2. United States (7.2 tons)

Source: IndexBox Market Intelligence Platform

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