Hong Kong SAR, China - Chicory - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChicory Price in Hong Kong SAR - 2022
Contents:
- Chicory Price in Hong Kong SAR (CIF) - 2022
- Chicory Price in Hong Kong SAR (FOB) - 2022
- Chicory Imports in Hong Kong SAR
- Chicory Exports in Hong Kong SAR
Chicory Price in Hong Kong SAR (CIF) - 2022
In 2022, the average chicory import price amounted to $3,301 per ton, shrinking by -18% against the previous year. In general, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 188%. The import price peaked at $7,500 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,880 per ton), while the price for Brazil ($2,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Chicory Price in Hong Kong SAR (FOB) - 2022
In 2022, the average chicory export price amounted to $487 per ton, growing by 22% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The export price peaked at $2,730 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($488 per ton), while the average price for exports to Sweden stood at $486 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-5.6%).
Chicory Imports in Hong Kong SAR
After three years of growth, overseas purchases of chicory decreased by -30.9% to 505 kg in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 247%.
In value terms, chicory imports shrank sharply to $1.7K in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 648% against the previous year. As a result, imports reached the peak of $2.9K, and then declined significantly in the following year.
| Import of Chicory in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 1,283 | 0% |
| China | 72.0 | 179 | 2,845 | 344 | 68.4% |
| Brazil | 114 | 214 | 96.0 | 40.0 | -29.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 186 | 393 | 2,941 | 1,667 | 107.7% |
Top Suppliers of Chicory to Hong Kong SAR in 2022:
- Australia (440.0 kg)
- China (50.0 kg)
- Brazil (15.0 kg)
Chicory Exports in Hong Kong SAR
After three years of growth, overseas shipments of chicory decreased by -8.3% to 1.3 tons in 2022. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year.
In value terms, chicory exports stood at $622 in 2022. In general, exports showed a abrupt decline.
| Export of Chicory in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 588 | 498 | 421 | 484 | -6.3% |
| Germany | 253 | 187 | 137 | 138 | -18.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 841 | 685 | 558 | 622 | -9.6% |
Top Export Markets for Chicory from Hong Kong SAR in 2022:
- Sweden (995.0 kg)
- Germany (283.0 kg)
This report provides an in-depth analysis of the chicory market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 459 - Chicory roots
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
398
This report provides an in-depth analysis of the chicory market in Hong Kong SAR, China.
222
This report provides an in-depth analysis of the vegetable product market in Hong Kong SAR, China.
173
This report provides an in-depth analysis of the sugar crop market in Hong Kong SAR, China.
396
This report provides an in-depth analysis of the sugar beet market in Hong Kong SAR, China.
482
This report provides an in-depth analysis of the sugar cane market in Hong Kong SAR, China.
423
This report provides an in-depth analysis of the carob market in Hong Kong SAR, China.
71
This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Hong Kong SAR, China.
228
This report provides an in-depth analysis of the ethanal market in Hong Kong SAR, China.
282
This report provides an in-depth analysis of the beryllium market in Hong Kong SAR, China.
1809
This report provides an in-depth analysis of the global chicory market.
2473
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
3810
In 2015, the country with the largest volume of the chicory output was Belgium (X thousand tons), accounting for X% of global production.
1559
Despite somewhat disappointing export numbers in 2014, Italy continued to lead the way in the global chicory trade. In 2014, Italy exported X thousand tons of chicory totaling X million USD, X% under the previous year. Its primary trading partner w
1134
Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9%
6639
Global sugar beet consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2320
In 2015, the countries with the highest levels of sugar beet production were France (X thousand tons), Germany (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
2219
The Netherlands dominates in the global sugar beet trade. In 2014, the Netherlands exported X thousand tons of sugar beet totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its tot
3467
Global sugar cane consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1870
In 2015, the country with the largest volume of the sugar cane output was Brazil (X thousand tons), accounting for X% of global production.
2318
Spain continued its dominance in the global sugar cane trade. In 2014, Spain exported X kt of sugar cane totaling $X, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total sugar cane exports in
