Price for Fresh or Chilled Witloff Chicory in Spain - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Spain (FOB) - 2023
- Price for Fresh or Chilled Witloff Chicory in Spain (CIF) - 2023
- Exports of Fresh or Chilled Witloff Chicory in Spain
- Imports of Fresh or Chilled Witloff Chicory in Spain
Price for Fresh or Chilled Witloff Chicory in Spain (FOB) - 2023
The average export price for fresh or chilled witloff chicory stood at $1,846 per ton in June 2023, declining by -1.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in May 2023 an increase of 16% month-to-month. As a result, the export price reached the peak level of $1,880 per ton, and then contracted modestly in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Portugal ($2,177 per ton), while the average price for exports to Morocco ($1,084 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Witloff Chicory in Spain (CIF) - 2023
The average import price for fresh or chilled witloff chicory stood at $850 per ton in June 2023, declining by -18.7% against the previous month. Overall, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 33% month-to-month. The import price peaked at $1,644 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($1,357 per ton), while the price for Belgium ($832 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced a decline.
Exports of Fresh or Chilled Witloff Chicory in Spain
For the third consecutive year, Spain recorded decline in overseas shipments of fresh or chilled witloff chicory, which decreased by -2.4% to 3.4K tons in 2022. In general, exports showed a perceptible curtailment. The smallest decline of -1.6% was in 2021.
In value terms, fresh or chilled witloff chicory exports surged to $3.6M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Witloff Chicory in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 224 | 4.4 | 2.7 | 941 | 61.4% |
| France | 903 | 815 | 850 | 725 | -7.1% |
| Portugal | 308 | 366 | 744 | 626 | 26.7% |
| Sweden | 4.1 | 179 | 0.8 | 482 | 389.9% |
| Italy | 306 | 183 | 905 | 430 | 12.0% |
| Denmark | N/A | N/A | N/A | 141 | 0% |
| Morocco | 139 | 93.0 | 99.9 | 91.6 | -13.0% |
| Belgium | 146 | 286 | 204 | 46.6 | -31.7% |
| United Kingdom | 723 | 857 | 5.5 | 5.5 | -80.3% |
| Others | 42.0 | 40.9 | 111 | 115 | 39.9% |
| Total | 2,795 | 2,824 | 2,922 | 3,604 | 8.8% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Spain in 2022:
- France (1316.0 tons)
- Netherlands (893.9 tons)
- Portugal (346.1 tons)
- Italy (322.9 tons)
- Sweden (236.7 tons)
- Morocco (81.8 tons)
- Denmark (74.5 tons)
- Belgium (72.5 tons)
- United Kingdom (3.3 tons)
Imports of Fresh or Chilled Witloff Chicory in Spain
In 2022, fresh or chilled witloff chicory imports into Spain soared to 2K tons, jumping by 16% compared with the previous year. Over the period under review, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year.
In value terms, fresh or chilled witloff chicory imports soared to $1.3M in 2022. In general, imports, however, recorded a deep reduction.
| Import of Fresh or Chilled Witloff Chicory in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,007 | 640 | 866 | 694 | -11.7% |
| France | 504 | 165 | 252 | 379 | -9.1% |
| Netherlands | 406 | 61.6 | 45.2 | 265 | -13.3% |
| Morocco | 92.5 | 177 | N/A | N/A | 91.4% |
| Others | 10.8 | 1.6 | 4.2 | 6.4 | -16.0% |
| Total | 2,020 | 1,045 | 1,168 | 1,344 | -12.7% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Spain in 2022:
- Belgium (1028.2 tons)
- France (502.6 tons)
- Netherlands (419.5 tons)
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