Price for Fresh or Chilled Witloff Chicory in Nepal - 2022
Contents:
- Price for Fresh or Chilled Witloff Chicory in Nepal (FOB) - 2022
- Exports of Fresh or Chilled Witloff Chicory in Nepal
Price for Fresh or Chilled Witloff Chicory in Nepal (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $3,307 per ton, standing approx. at the previous year. Overall, the export price, however, saw notable growth. The most prominent rate of growth was recorded in 2021 an increase of 134%. The export price peaked at $3,461 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.1% per year.
Exports of Fresh or Chilled Witloff Chicory in Nepal
In 2022, the amount of fresh or chilled witloff chicory exported from Nepal amounted to 166 kg, remaining stable against the year before. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 44%. As a result, the exports attained the peak of 313 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fresh or chilled witloff chicory exports totaled $549 in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Fresh or Chilled Witloff Chicory in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 479 | 442 | 545 | 493 | 1.0% |
| Others | 1.0 | 1.0 | 1.0 | 56.0 | 282.6% |
| Total | 480 | 443 | 546 | 549 | 4.6% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Nepal in 2022:
- United Arab Emirates (238.0 kg)
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