Price for Fresh or Chilled Witloff Chicory in Greece - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Greece (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Greece (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Greece
- Exports of Fresh or Chilled Witloff Chicory in Greece
Price for Fresh or Chilled Witloff Chicory in Greece (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $1,651 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13%. Over the period under review, average import prices attained the peak figure at $1,876 per ton in 2012; however, from 2013 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 Italy ($2,263 per ton), while the price for Bulgaria ($1,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Fresh or Chilled Witloff Chicory in Greece (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $2,489 per ton in 2022, rising by 6.1% against the previous year. Over the period under review, the export price showed a temperate increase. The pace of growth appeared the most rapid in 2017 an increase of 100% against the previous year. Over the period under review, the average export prices hit record highs at $2,703 per ton in 2020; however, from 2021 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 Belgium ($2,799 per ton), while the average price for exports to Albania ($421 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Witloff Chicory in Greece
In 2022, approx. 219 tons of fresh or chilled witloff chicory were imported into Greece; surging by 47% compared with 2021. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, fresh or chilled witloff chicory imports surged to $362K in 2022. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fresh or Chilled Witloff Chicory in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 136 | 116 | 175 | 192 | 12.2% |
| Italy | 11.6 | 13.0 | 63.5 | 118 | 116.7% |
| Bulgaria | 5.7 | N/A | 2.6 | 45.9 | 100.4% |
| Belgium | 24.1 | 2.1 | 6.8 | N/A | -46.9% |
| United Kingdom | 11.4 | 28.1 | N/A | N/A | 146.5% |
| Others | 0.4 | N/A | N/A | 5.9 | 145.2% |
| Total | 189 | 159 | 248 | 362 | 24.2% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Greece in 2022:
- Netherlands (124.8 tons)
- Italy (52.3 tons)
- Bulgaria (38.8 tons)
Exports of Fresh or Chilled Witloff Chicory in Greece
After three years of growth, overseas shipments of fresh or chilled witloff chicory decreased by -15.5% to 13 tons in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 54%.
In value terms, fresh or chilled witloff chicory exports fell to $33K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year.
| Export of Fresh or Chilled Witloff Chicory in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.3 | 18.0 | 24.1 | 17.5 | 12.5% |
| Cyprus | 1.1 | 4.5 | 3.6 | 6.7 | 82.6% |
| Bulgaria | 0.8 | 1.0 | 3.6 | 4.6 | 79.2% |
| Sweden | 1.8 | 2.8 | 3.9 | 2.2 | 6.9% |
| Belgium | 1.0 | 1.1 | 1.2 | 1.6 | 17.0% |
| Netherlands | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.8 | 3.3 | 0.7 | 0.4 | -20.6% |
| Total | 18.0 | 30.7 | 37.1 | 33.3 | 22.8% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Greece in 2022:
- Germany (6.7 tons)
- Cyprus (2.4 tons)
- Bulgaria (2.4 tons)
- Sweden (0.8 tons)
- Belgium (0.6 tons)
- Netherlands (0.3 tons)
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