Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the UK - 2024
Contents:
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the UK (CIF) - 2024
- Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the UK (FOB) - 2022
- Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in the UK
- Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in the UK
Price for Fresh or Chilled Chicory, Other than Witloof Chicory in the UK (CIF) - 2024
In April 2024, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $1,435 per ton, dropping by -6.5% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 49% against the previous month. Over the period under review, average import prices hit record highs at $3,338 per ton in August 2023; however, from September 2023 to April 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the Netherlands ($7,032 per ton), while the price for Spain ($1,191 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.7%), 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 the UK (FOB) - 2022
The average export price for fresh or chilled chicory, other than witloof chicory stood at $971 per ton in 2022, declining by -13.8% against the previous year. In general, the export price faced a deep downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 222% against the previous year. Over the period under review, the average export prices reached the maximum at $4,473 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gibraltar ($2,093 per ton), while the average price for exports to Ireland stood at $732 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+79.1%), 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 the UK
In 2022, the amount of fresh or chilled chicory, other than witloof chicory imported into the UK dropped remarkably to 3.3K tons, falling by -71.6% compared with 2021. Over the period under review, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2.2% against the previous year.
In value terms, imports of fresh or chilled chicory, other than witloof chicory dropped significantly to $4.2M in 2022. Overall, imports recorded a dramatic curtailment. The smallest decline of -1.6% was in 2021.
| Import of Fresh or Chilled Chicory, Other than Witloof Chicory in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.2 | 8.2 | 8.4 | 2.5 | -32.7% |
| Italy | 2.8 | 2.8 | 3.0 | 1.0 | -29.1% |
| France | 2.8 | 1.6 | 1.9 | 0.4 | -47.7% |
| Morocco | 0.4 | 0.1 | N/A | 0.2 | -20.6% |
| Netherlands | 3.7 | 1.2 | 0.4 | N/A | -67.1% |
| Others | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
| Total | 18.0 | 14.2 | 14.0 | 4.2 | -38.4% |
Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to the UK in 2022:
- Spain (2248.0 tons)
- Italy (526.7 tons)
- France (254.1 tons)
- Morocco (155.4 tons)
- Netherlands (10.2 tons)
Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in the UK
In 2022, the amount of fresh or chilled chicory, other than witloof chicory exported from the UK soared to 112 tons, jumping by 39% against 2021 figures. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 173% against the previous year. As a result, the exports reached the peak of 125 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fresh or chilled chicory, other than witloof chicory surged to $109K in 2022. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 271% against the previous year. As a result, the exports attained the peak of $338K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fresh or Chilled Chicory, Other than Witloof Chicory in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 74.1 | 99.4 | 91.3 | 70.6 | -1.6% |
| Gibraltar | N/A | N/A | N/A | 9.9 | 0% |
| Spain | N/A | 141 | N/A | N/A | 0% |
| Italy | 9.9 | 78.6 | N/A | N/A | 693.9% |
| Others | 7.2 | 19.7 | N/A | 28.6 | 58.4% |
| Total | 91.2 | 338 | 91.3 | 109 | 6.1% |
Top Export Markets for Fresh or Chilled Chicory, Other than Witloof Chicory from the UK in 2022:
- Ireland (96.4 tons)
- Gibraltar (4.7 tons)
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