Price for Fresh or Chilled Witloff Chicory in Indonesia - 2022
Contents:
- Price for Fresh or Chilled Witloff Chicory in Indonesia (FOB) - 2022
- Price for Fresh or Chilled Witloff Chicory in Indonesia (CIF) - 2022
- Exports of Fresh or Chilled Witloff Chicory in Indonesia
- Imports of Fresh or Chilled Witloff Chicory in Indonesia
Price for Fresh or Chilled Witloff Chicory in Indonesia (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $5,609 per ton in 2022, surging by 11% against the previous year. Overall, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 228% against the previous year. Over the period under review, the average export prices attained the maximum at $5,849 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +15.0% per year.
Price for Fresh or Chilled Witloff Chicory in Indonesia (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $5,128 per ton, increasing by 35% against the previous year. In general, the import price enjoyed significant growth. The pace of growth appeared the most rapid in 2017 an increase of 165% against the previous year. The import price peaked at $6,394 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($5,240 per ton), while the price for Singapore stood at $3,848 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+23.7%).
Exports of Fresh or Chilled Witloff Chicory in Indonesia
Fresh or chilled witloff chicory exports from Indonesia skyrocketed to 1.6 tons in 2022, rising by 71% on the previous year's figure. Overall, exports, however, showed a deep setback.
In value terms, fresh or chilled witloff chicory exports surged to $8.9K in 2022. In general, exports, however, saw a relatively flat trend pattern.
| Export of Fresh or Chilled Witloff Chicory in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 9.0 | 13.2 | 4.6 | 8.9 | -0.4% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 9.0 | 13.2 | 4.7 | 8.9 | -0.4% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Indonesia in 2022:
- Singapore (1.6 tons)
Imports of Fresh or Chilled Witloff Chicory in Indonesia
In 2022, the amount of fresh or chilled witloff chicory imported into Indonesia declined markedly to 576 kg, which is down by -53.1% against the year before. Overall, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3,621%.
In value terms, fresh or chilled witloff chicory imports contracted notably to $3K in 2022. Over the period under review, imports faced a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 3,648% against the previous year.
| Import of Fresh or Chilled Witloff Chicory in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 12.5 | 0.1 | 4.4 | 2.8 | -39.3% |
| Singapore | 0.3 | N/A | 0.3 | 0.2 | -12.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.7 | 0.1 | 4.6 | 3.0 | -38.2% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Indonesia in 2022:
- Australia (530.0 kg)
- Singapore (46.0 kg)
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