Price for Fresh or Chilled Chicory, Other than Witloof Chicory in Vietnam - 2022

Contents:

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

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

The average export price for fresh or chilled chicory, other than witloof chicory stood at $1,828 per ton in 2022, growing by 4.6% against the previous year. In general, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27%. As a result, the export price reached the peak level of $5,468 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,846 per ton), while the average price for exports to Cambodia amounted to $224 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-1.9%), while the prices for the other major destinations experienced a decline.

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

The average import price for fresh or chilled chicory, other than witloof chicory stood at $1,826 per ton in 2022, with an increase of 9.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 14% against the previous year. The import price peaked at $1,910 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,711 per ton), while the price for Brazil amounted to $701 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%).

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

In 2022, the amount of fresh or chilled chicory, other than witloof chicory exported from Vietnam skyrocketed to 914 tons, picking up by 81% on 2021. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fresh or chilled chicory, other than witloof chicory surged to $1.7M in 2022. Over the period under review, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fresh or Chilled Chicory, Other than Witloof Chicory in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)9695398341,63819.1%
JapanN/A23.340.917.8-12.6%
Cambodia9.92.31.32.3-38.5%
Others29.59.47.512.0-25.9%
Total1,0085748841,67018.3%

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

  1. Taiwan (Chinese) (887.2 tons)
  2. Cambodia (10.1 tons)
  3. Japan (9.6 tons)

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

In 2022, purchases abroad of fresh or chilled chicory, other than witloof chicory decreased by -87.1% to 3.5 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. As a result, imports attained the peak of 32 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fresh or chilled chicory, other than witloof chicory reduced notably to $6.3K in 2022. In general, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of $54K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fresh or Chilled Chicory, Other than Witloof Chicory in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.254.144.15.6-50.5%
BrazilN/AN/A0.3N/A0%
Others1.00.30.30.6-15.7%
Total47.254.444.66.3-48.9%

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

  1. China (3.3 tons)
  2. Brazil (0.1 tons)

Source: IndexBox Market Intelligence Platform

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