Price for Fresh or Chilled Witloff Chicory in Israel - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Israel (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Israel (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Israel
- Exports of Fresh or Chilled Witloff Chicory in Israel
Price for Fresh or Chilled Witloff Chicory in Israel (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $2,151 per ton, almost unchanged from the previous year. In general, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. Over the period under review, average import prices hit record highs at $3,566 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,151 per ton), while the price for France ($2,151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-3.3%), while the prices for the other major suppliers experienced a decline.
Price for Fresh or Chilled Witloff Chicory in Israel (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $2,782 per ton, declining by -2.3% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh or chilled witloff chicory export price increased by +122.2% against 2013 indices. The growth pace was the most rapid in 2014 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $2,847 per ton in 2021, and then shrank modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($26,000 per ton), while the average price for exports to Russia ($234 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 the Czech Republic (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Witloff Chicory in Israel
In 2022, approx. 729 tons of fresh or chilled witloff chicory were imported into Israel; rising by 89% against the year before. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh or chilled witloff chicory imports skyrocketed to $1.6M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Witloff Chicory in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 342 | 444 | 348 | 863 | 36.1% |
| Netherlands | 104 | 1.1 | 67.3 | 439 | 61.6% |
| France | 24.8 | 15.8 | 13.4 | 267 | 120.8% |
| Others | 346 | 412 | 405 | N/A | 8.2% |
| Total | 817 | 873 | 834 | 1,569 | 24.3% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Israel in 2022:
- Belgium (401.1 tons)
- Netherlands (204.1 tons)
- France (124.1 tons)
Exports of Fresh or Chilled Witloff Chicory in Israel
In 2022, overseas shipments of fresh or chilled witloff chicory were finally on the rise to reach 652 kg after two years of decline. Over the period under review, exports, however, saw a sharp slump.
In value terms, fresh or chilled witloff chicory exports skyrocketed to $1.8K in 2022. In general, exports, however, recorded a abrupt curtailment.
| Export of Fresh or Chilled Witloff Chicory in Israel (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 2,414 | 1,646 | 1,111 | 1,403 | -16.5% |
| Germany | 648 | 431 | 283 | 349 | -18.6% |
| Russia | 130 | 62.0 | 30.0 | 26.0 | -41.5% |
| Others | 55.0 | 33.0 | 31.0 | 36.0 | -13.2% |
| Total | 3,247 | 2,172 | 1,455 | 1,814 | -17.6% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Israel in 2022:
- Belarus (478.0 kg)
- Russia (111.0 kg)
- Germany (59.0 kg)
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