Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Turkey - 2024

Contents:

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

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $2,590 per ton, surging by 420% against the previous year. Over the period under review, the import price showed a buoyant expansion. Over the period under review, average import prices hit record highs at $3,713 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -4.8% per year.

Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Turkey (FOB) - 2022

The average export price for fresh or chilled chicory, other than witloof chicory stood at $6,273 per ton in 2021, leveling off at the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 304% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,000 per ton), while the average price for exports to Seychelles ($5,500 per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+53.1%).

Imports of Fresh or Chilled Chicory, Other than Witloof Chicory in Turkey

For the third consecutive year, Turkey recorded decline in overseas purchases of fresh or chilled chicory, other than witloof chicory, which decreased by -99.6% to 2 kg in 2022. Overall, imports faced a precipitous setback. The smallest decline of -58.9% was in 2020.

In value terms, imports of fresh or chilled chicory, other than witloof chicory contracted notably to $6 in 2022. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -59.5% was in 2020.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Turkey (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A6.00%
Netherlands2,306933249N/A-67.1%
OthersN/AN/AN/AN/A0%
Total2,3069332496.0-86.2%

Top Suppliers of Fresh or Chilled Chicory, Other than Witloof Chicory to Turkey in 2022:

  1. United Kingdom (2.0 kg)

Exports of Fresh or Chilled Chicory, Other than Witloof Chicory in Turkey

Exports of fresh or chilled chicory, other than witloof chicory from Turkey stood at 11 kg in 2021, remaining relatively unchanged against 2020 figures. In general, exports recorded a significant decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of fresh or chilled chicory, other than witloof chicory amounted to $69 in 2021. Overall, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2020.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Turkey (USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/AN/A35.00%
MaldivesN/AN/A23.00%
SeychellesN/AN/A11.00%
Germany189N/AN/A0%
OthersN/AN/AN/A0%
Total189N/A69.0-39.6%

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

  1. United Arab Emirates (5.0 kg)
  2. Maldives (4.0 kg)
  3. Seychelles (2.0 kg)

Source: IndexBox Market Intelligence Platform

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