Price for Fresh or Chilled Witloff Chicory in Poland - 2023

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in Poland (CIF) - 2023
  2. Price for Fresh or Chilled Witloff Chicory in Poland (FOB) - 2022
  3. Imports of Fresh or Chilled Witloff Chicory in Poland
  4. Exports of Fresh or Chilled Witloff Chicory in Poland

Price for Fresh or Chilled Witloff Chicory in Poland (CIF) - 2023

In May 2023, the average import price for fresh or chilled witloff chicory amounted to $1,008 per ton, dropping by -5.9% against the previous month. Overall, the import price saw a noticeable slump. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 84% against the previous month. As a result, import price attained the peak level of $2,278 per ton. From September 2022 to May 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the Netherlands ($3,166 per ton), while the price for Spain ($782 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Witloff Chicory in Poland (FOB) - 2022

In 2022, the average export price for fresh or chilled witloff chicory amounted to $1,078 per ton, increasing by 5.5% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. The export price peaked at $4,034 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 Ukraine ($1,558 per ton), while the average price for exports to Belarus ($696 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 Greece (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Witloff Chicory in Poland

In 2022, the amount of fresh or chilled witloff chicory imported into Poland declined significantly to 1.8K tons, falling by -19.6% compared with 2021 figures. Over the period under review, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 7.6%.

In value terms, fresh or chilled witloff chicory imports contracted rapidly to $2.2M in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of $2.9M, and then shrank sharply in the following year.

Import of Fresh or Chilled Witloff Chicory in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,2651,7952,4221,827-6.9%
Belgium1402432201492.1%
Spain35.479.215911648.5%
Netherlands32.063.993.052.417.9%
South AfricaN/AN/AN/A48.80%
Others14225.324.714.9-52.8%
Total2,6142,2072,9192,209-5.5%

Top Suppliers of Fresh or Chilled Witloff Chicory to Poland in 2022:

  1. Italy (1473.7 tons)
  2. Spain (152.3 tons)
  3. Belgium (99.1 tons)
  4. South Africa (28.8 tons)
  5. Netherlands (27.4 tons)

Exports of Fresh or Chilled Witloff Chicory in Poland

In 2022, the amount of fresh or chilled witloff chicory exported from Poland skyrocketed to 1.1K tons, growing by 27% against 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 45%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, fresh or chilled witloff chicory exports skyrocketed to $1.2M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 78%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Fresh or Chilled Witloff Chicory in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy34327284.3297-4.7%
Lithuania7.76.847.5192192.1%
Spain44.630.738.317858.6%
Sweden19.814.310113187.7%
Belarus1.619.611591.9285.8%
FinlandN/A12.210378.2153.2%
Ukraine12.390.134468.777.4%
GreeceN/AN/A5.060.91118.0%
France11330.032.927.0-37.9%
Others12020.515.963.1-19.3%
Total6624978861,18921.6%

Top Export Markets for Fresh or Chilled Witloff Chicory from Poland in 2022:

  1. Italy (328.8 tons)
  2. Lithuania (153.5 tons)
  3. Belarus (132.1 tons)
  4. Spain (130.3 tons)
  5. Sweden (123.7 tons)
  6. Finland (65.6 tons)
  7. Greece (45.6 tons)
  8. Ukraine (44.1 tons)
  9. France (28.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Witloff chicory (cichorium intybus var. foliosum), fresh or chilled - Poland