Price for Fresh or Chilled Witloff Chicory in Slovakia - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Slovakia (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Slovakia (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Slovakia
- Exports of Fresh or Chilled Witloff Chicory in Slovakia
Price for Fresh or Chilled Witloff Chicory in Slovakia (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $3,166 per ton, growing by 13% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +113.9% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 49%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($8,333 per ton), while the price for Italy ($1,436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Witloff Chicory in Slovakia (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $4,333 per ton in 2022, standing approx. at the previous year. Overall, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 7% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Austria.
From 2015 to 2022, the rate of growth in terms of prices for Austria amounted to +10.4% per year.
Imports of Fresh or Chilled Witloff Chicory in Slovakia
In 2022, approx. 30 tons of fresh or chilled witloff chicory were imported into Slovakia; growing by 20% on 2021 figures. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, fresh or chilled witloff chicory imports surged to $95K in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 183% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Fresh or Chilled Witloff Chicory in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | 3.6 | 35.4 | 49.7 | 271.6% |
| Italy | 10.9 | 4.3 | 6.3 | 13.7 | 7.9% |
| El Salvador | N/A | N/A | N/A | 13.4 | 0% |
| Germany | 6.2 | 4.9 | 5.5 | 11.0 | 21.1% |
| Netherlands | 17.4 | 11.4 | 21.6 | 5.9 | -30.3% |
| Others | 0.3 | 0.4 | 1.0 | 1.0 | 49.4% |
| Total | 34.8 | 24.7 | 69.8 | 94.7 | 39.6% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Slovakia in 2022:
- Hungary (10.1 tons)
- Italy (9.5 tons)
- Germany (3.9 tons)
- Netherlands (3.8 tons)
- El Salvador (2.1 tons)
Exports of Fresh or Chilled Witloff Chicory in Slovakia
In 2022, exports of fresh or chilled witloff chicory from Slovakia was estimated at 3 kg, approximately mirroring the year before. Overall, exports saw a sharp decline. The smallest decline of -80.9% was in 2020.
In value terms, fresh or chilled witloff chicory exports totaled $13 in 2022. In general, exports faced a sharp curtailment. The smallest decline of -79.6% was in 2020.
| Export of Fresh or Chilled Witloff Chicory in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 5.1 | 2.0 | N/A | N/A | -60.8% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| Lithuania | 0.7 | N/A | N/A | N/A | 0% |
| Czech Republic | 4.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.9 | 2.0 | N/A | N/A | -79.8% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Slovakia in 2022:
- Austria (3.0 kg)
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