Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Philippines - 2022
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Philippines (FOB) - 2022
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Philippines
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the Philippines (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,828 per ton in 2022, surging by 4.6% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +4.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Maldives ($4,000 per ton), while the average price for exports to Hong Kong SAR amounted to $1,706 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+30.3%).
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in the Philippines
In 2022, exports of fresh or chilled chicory, other than witloof chicory from the Philippines dropped sharply to 18 kg, with a decrease of -98.8% compared with the previous year. Over the period under review, exports recorded a dramatic decline.
In value terms, exports of fresh or chilled chicory, other than witloof chicory dropped notably to $33 in 2022. In general, exports saw a dramatic curtailment.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in the Philippines (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Hong Kong SAR | 831 | 29.0 | -96.5% |
| Maldives | N/A | 4.0 | 0% |
| South Korea | 265 | N/A | 0% |
| Japan | 331 | N/A | 0% |
| Saudi Arabia | 1,262 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 2,689 | 33.0 | -98.8% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from the Philippines in 2022:
- Hong Kong SAR (17.0 kg)
- Maldives (1.0 kg)
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