Price for Fresh or Chilled Witloff Chicory in Luxembourg - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Luxembourg (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Luxembourg (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Luxembourg
- Exports of Fresh or Chilled Witloff Chicory in Luxembourg
Price for Fresh or Chilled Witloff Chicory in Luxembourg (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $2,562 per ton in 2022, falling by -9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 27%. As a result, import price attained the peak level of $2,870 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
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 the Netherlands ($4,619 per ton), while the price for Belgium ($2,363 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced a decline.
Price for Fresh or Chilled Witloff Chicory in Luxembourg (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $3,158 per ton in 2022, falling by -4.2% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 52% against the previous year. The export price peaked at $16,104 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($5,234 per ton), while the average price for exports to France ($2,734 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 Netherlands (-4.6%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Witloff Chicory in Luxembourg
Fresh or chilled witloff chicory imports into Luxembourg fell modestly to 354 tons in 2022, waning by -4.5% compared with 2021 figures. Over the period under review, imports showed a noticeable slump. The smallest decline of -1.8% was in 2020.
In value terms, fresh or chilled witloff chicory imports fell to $907K in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Fresh or Chilled Witloff Chicory in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 803 | 996 | 849 | 743 | -2.6% |
| Netherlands | 16.8 | 90.2 | 139 | 122 | 93.6% |
| France | 93.5 | 35.4 | 45.3 | 37.4 | -26.3% |
| Others | 14.0 | 29.8 | 10.0 | 4.8 | -30.0% |
| Total | 927 | 1,152 | 1,043 | 907 | -0.7% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Luxembourg in 2022:
- Belgium (314.3 tons)
- Netherlands (26.3 tons)
- France (12.4 tons)
Exports of Fresh or Chilled Witloff Chicory in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in shipments abroad of fresh or chilled witloff chicory, which increased by 11% to 2.9 tons in 2022. The total export volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, fresh or chilled witloff chicory exports expanded significantly to $9.1K in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Witloff Chicory in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.5 | 3.7 | 3.3 | 4.1 | 5.4% |
| France | 2.8 | 3.2 | 2.1 | 3.3 | 5.6% |
| Germany | 1.5 | 1.0 | 1.3 | 1.5 | 0.0% |
| Netherlands | N/A | 0.3 | 0.4 | 0.2 | -18.4% |
| Oman | N/A | N/A | 1.2 | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 7.9 | 8.2 | 8.5 | 9.1 | 4.8% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Luxembourg in 2022:
- Belgium (1255.0 kg)
- France (1216.0 kg)
- Germany (364.0 kg)
- Netherlands (47.0 kg)
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