Price for Fresh or Chilled Witloff Chicory in the Czech Republic - 2023

Contents:

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

Price for Fresh or Chilled Witloff Chicory in the Czech Republic (CIF) - 2022

In 2022, the average import price for fresh or chilled witloff chicory amounted to $2,138 per ton, declining by -26.8% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. The import price peaked at $2,921 per ton in 2021, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was El Salvador ($5,871 per ton), while the price for France ($589 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fresh or Chilled Witloff Chicory in the Czech Republic (FOB) - 2022

In 2022, the average export price for fresh or chilled witloff chicory amounted to $6,193 per ton, increasing by 57% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 144%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,333 per ton), while the average price for exports to Slovakia stood at $6,183 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+19.0%).

Imports of Fresh or Chilled Witloff Chicory in the Czech Republic

In 2022, imports of fresh or chilled witloff chicory into the Czech Republic soared to 88 tons, growing by 20% compared with the year before. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, fresh or chilled witloff chicory imports dropped to $188K in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $213K, and then reduced in the following year.

Import of Fresh or Chilled Witloff Chicory in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands71.611917012620.7%
Belgium55.934.336.430.7-18.1%
El SalvadorN/AN/AN/A14.30%
France9.3N/AN/A12.08.9%
Italy10.59.72.92.3-39.7%
Others3.34.44.22.6-7.6%
Total1511672131887.6%

Top Suppliers of Fresh or Chilled Witloff Chicory to the Czech Republic in 2022:

  1. Netherlands (42.3 tons)
  2. Belgium (20.7 tons)
  3. France (20.4 tons)
  4. El Salvador (2.4 tons)
  5. Italy (0.7 tons)

Exports of Fresh or Chilled Witloff Chicory in the Czech Republic

In 2022, the amount of fresh or chilled witloff chicory exported from the Czech Republic soared to 2.2 tons, increasing by 1,762% on the previous year. Overall, exports, however, continue to indicate a pronounced reduction.

In value terms, fresh or chilled witloff chicory exports skyrocketed to $14K in 2022. Over the period under review, exports recorded a significant expansion. 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia3.10.10.313.462.9%
Austria0.10.10.10.226.0%
OthersN/AN/AN/AN/A0%
Total3.30.20.513.660.3%

Top Export Markets for Fresh or Chilled Witloff Chicory from the Czech Republic in 2022:

  1. Slovakia (2170.0 kg)
  2. Austria (24.0 kg)

Source: IndexBox Market Intelligence Platform

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