Price for Fresh or Chilled Witloff Chicory in Kenya - 2021
Contents:
- Price for Fresh or Chilled Witloff Chicory in Kenya (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Kenya (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Kenya
- Exports of Fresh or Chilled Witloff Chicory in Kenya
Price for Fresh or Chilled Witloff Chicory in Kenya (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $1,974 per ton in 2022, reducing by -49.8% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $4,795 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 -6.9% per year.
Price for Fresh or Chilled Witloff Chicory in Kenya (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $3,301 per ton, shrinking by -23.8% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 41% against the previous year. The export price peaked at $5,519 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Bahrain ($4,811 per ton), while the average price for exports to the United Arab Emirates ($1,940 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 United Arab Emirates (-0.6%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Witloff Chicory in Kenya
Fresh or chilled witloff chicory imports into Kenya surged to 154 kg in 2022, rising by 111% on the year before. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 742%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, fresh or chilled witloff chicory imports rose remarkably to $304 in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 817% against the previous year. As a result, imports attained the peak of $321. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Fresh or Chilled Witloff Chicory in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 35.0 | 321 | 187 | 152 | 63.2% |
| Spain | N/A | N/A | 19.0 | N/A | 0% |
| Others | N/A | N/A | 81.0 | 152 | 87.7% |
| Total | 35.0 | 321 | 287 | 304 | 105.6% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Kenya in 2022:
- Netherlands (77.0 kg)
Exports of Fresh or Chilled Witloff Chicory in Kenya
In 2022, fresh or chilled witloff chicory exports from Kenya soared to 1.8 tons, growing by 139% compared with 2021 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 814% against the previous year. As a result, the exports attained the peak of 2.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fresh or chilled witloff chicory exports surged to $6K in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 493% against the previous year. As a result, the exports reached the peak of $8.7K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Fresh or Chilled Witloff Chicory in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 1.1 | 5.4 | 2.7 | 4.7 | 62.3% |
| United Arab Emirates | 0.2 | 2.9 | 0.3 | 1.0 | 71.0% |
| Bahrain | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 1.5 | 8.7 | 3.3 | 6.0 | 58.7% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Kenya in 2022:
- Qatar (1213.0 kg)
- United Arab Emirates (536.0 kg)
- Bahrain (37.0 kg)
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