Price for Fresh or Chilled Witloff Chicory in Slovenia - 2023

Contents:

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

Price for Fresh or Chilled Witloff Chicory in Slovenia (CIF) - 2022

The average import price for fresh or chilled witloff chicory stood at $1,656 per ton in 2022, growing by 10% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 50% against the previous year. The import price peaked at $1,707 per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Croatia ($1,715 per ton), while the price for Italy amounted to $1,652 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+9.1%).

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

The average export price for fresh or chilled witloff chicory stood at $1,605 per ton in 2022, with an increase of 25% against the previous year. Overall, the export price, however, continues to indicate a slight decline. The export price peaked at $1,822 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Montenegro ($1,914 per ton) and Bosnia and Herzegovina ($1,819 per ton), while the average price for exports to Serbia ($1,530 per ton) and North Macedonia ($1,534 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Witloff Chicory in Slovenia

For the third year in a row, Slovenia recorded decline in supplies from abroad of fresh or chilled witloff chicory, which decreased by -16.2% to 657 tons in 2022. Over the period under review, imports saw a abrupt downturn. The smallest decline of -3.4% was in 2021.

In value terms, fresh or chilled witloff chicory imports declined to $1.1M in 2022. Overall, imports continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $1.2M, and then dropped in the following year.

Import of Fresh or Chilled Witloff Chicory in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,1019421,0681,065-1.1%
Croatia0.88.190.817.2178.1%
Others28.67.521.16.0-40.6%
Total1,1319581,1801,088-1.3%

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

  1. Italy (644.7 tons)
  2. Croatia (10.0 tons)

Exports of Fresh or Chilled Witloff Chicory in Slovenia

In 2022, overseas shipments of fresh or chilled witloff chicory decreased by -5.5% to 234 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,053% against the previous year. As a result, the exports attained the peak of 299 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fresh or chilled witloff chicory exports skyrocketed to $375K in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 871%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fresh or Chilled Witloff Chicory in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia0.5265226226667.4%
Bosnia and Herzegovina6.627.245.051.197.8%
North MacedoniaN/AN/A0.136.836700.0%
MontenegroN/A11.924.025.345.8%
Italy20.514.612.025.06.8%
Others5.85.59.610.722.6%
Total33.4324317375123.9%

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

  1. Serbia (148.0 tons)
  2. Bosnia and Herzegovina (28.1 tons)
  3. North Macedonia (24.0 tons)
  4. Italy (15.6 tons)
  5. Montenegro (13.2 tons)

Source: IndexBox Market Intelligence Platform

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