Price for Fresh or Chilled Witloff Chicory in Kazakhstan - 2021
Contents:
- Price for Fresh or Chilled Witloff Chicory in Kazakhstan (CIF) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Kazakhstan
Price for Fresh or Chilled Witloff Chicory in Kazakhstan (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $6,452 per ton in 2022, increasing by 9.9% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.0% 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 import price increased by +69.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($12,000 per ton), while the price for the Netherlands ($6,303 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Witloff Chicory in Kazakhstan
In 2022, the amount of fresh or chilled witloff chicory imported into Kazakhstan contracted to 330 kg, dropping by -7.8% on the previous year's figure. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
In value terms, fresh or chilled witloff chicory imports stood at $2.1K in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.5%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Fresh or Chilled Witloff Chicory in Kazakhstan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 569 | 530 | 491 | 1,872 | 48.7% |
| Spain | N/A | N/A | N/A | 197 | 0% |
| Russia | 65.0 | 26.0 | 46.0 | 60.0 | -2.6% |
| Belarus | 145 | 150 | 140 | N/A | -1.7% |
| Others | 1,257 | 1,248 | 1,424 | N/A | 6.4% |
| Total | 2,036 | 1,954 | 2,101 | 2,129 | 1.5% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Kazakhstan in 2022:
- Netherlands (297.0 kg)
- Spain (28.0 kg)
- Russia (5.0 kg)
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