Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Uruguay - 2023

Contents:

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

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

In 2022, the average import price for fresh or chilled chicory, other than witloof chicory amounted to $2,161 per ton, rising by 35% against the previous year. Over the period under review, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 59%. The import price peaked at $3,169 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,258 per ton), while the price for Argentina amounted to $739 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-2.1%).

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

In 2022, purchases abroad of fresh or chilled chicory, other than witloof chicory decreased by -40.9% to 4.7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 124%.

In value terms, imports of fresh or chilled chicory, other than witloof chicory shrank significantly to $10K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 63%.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.310.212.29.815.9%
Argentina0.20.30.40.20.0%
OthersN/AN/AN/AN/A0%
Total6.510.512.610.115.8%

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

  1. United States (4.4 tons)
  2. Argentina (0.3 tons)

Source: IndexBox Market Intelligence Platform

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