Price for Fresh or Chilled Witloff Chicory in Egypt - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Egypt (FOB) - 2022
- Price for Fresh or Chilled Witloff Chicory in Egypt (CIF) - 2022
- Exports of Fresh or Chilled Witloff Chicory in Egypt
- Imports of Fresh or Chilled Witloff Chicory in Egypt
Price for Fresh or Chilled Witloff Chicory in Egypt (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $2,115 per ton, picking up by 152% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Lebanon.
From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +11.5% per year.
Price for Fresh or Chilled Witloff Chicory in Egypt (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $24,732 per ton, waning by -12.8% against the previous year. Over the period under review, the import price, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 73%. Over the period under review, average import prices attained the peak figure at $28,375 per ton in 2021, and then contracted in the following year.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +15.7% per year.
Exports of Fresh or Chilled Witloff Chicory in Egypt
In 2022, fresh or chilled witloff chicory exports from Egypt declined markedly to 288 kg, waning by -98.7% against 2021 figures. Overall, exports faced a sharp setback. The smallest decline of -8.5% was in 2021.
In value terms, fresh or chilled witloff chicory exports fell rapidly to $609 in 2022. In general, exports recorded a sharp slump. The smallest decline of -5.5% was in 2021.
| Export of Fresh or Chilled Witloff Chicory in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 0.3 | 0.1 | N/A | 0.6 | 26.0% |
| Germany | 4.0 | 2.4 | 2.5 | N/A | -20.9% |
| Jordan | 9.2 | 4.6 | 3.9 | N/A | -34.9% |
| Kuwait | 2.1 | 1.3 | 1.4 | N/A | -18.4% |
| Italy | 21.3 | 11.0 | 9.9 | N/A | -31.8% |
| Bahrain | 1.6 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.6 | N/A | 144.9% |
| Total | 38.7 | 19.5 | 18.4 | 0.6 | -75.1% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Egypt in 2022:
- Lebanon (288.0 kg)
Imports of Fresh or Chilled Witloff Chicory in Egypt
In 2022, after two years of decline, there was significant growth in purchases abroad of fresh or chilled witloff chicory, when their volume increased by 6.7% to 478 kg. In general, imports, however, recorded a abrupt shrinkage.
In value terms, fresh or chilled witloff chicory imports declined to $12K in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of $13K, and then reduced in the following year.
| Import of Fresh or Chilled Witloff Chicory in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.4 | 10.9 | 12.7 | 11.8 | 7.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.4 | 10.9 | 12.7 | 11.8 | 7.9% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Egypt in 2022:
- Netherlands (478.0 kg)
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