India - 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 India - 2023
Contents:
- Chicory Price in India (FOB) - 2023
- Chicory Price in India (CIF) - 2022
- Chicory Exports in India
- Chicory Imports in India
Chicory Price in India (FOB) - 2023
In October 2023, the average chicory export price amounted to $911 per ton, with an increase of 12% against the previous month. In general, export price indicated a moderate expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, chicory export price increased by +11.6% against September 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 88% m-o-m. As a result, the export price reached the peak level of $1,310 per ton. From December 2022 to October 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In October 2023, the countries with the highest prices were Latvia ($1,038 per ton) and Australia ($947 per ton), while the average price for exports to the United States ($821 per ton) and Italy ($844 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Chicory Price in India (CIF) - 2022
In 2022, the average chicory import price amounted to $11,533 per ton, growing by 152% against the previous year. In general, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($12,375 per ton), while the price for China amounted to $9,850 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (-5.1%).
Chicory Exports in India
For the fourth year in a row, India recorded growth in overseas shipments of chicory, which increased by 172% to 1.7K tons in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 321%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, chicory exports soared to $1.4M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chicory in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.7 | 18.4 | 20.7 | 329 | 266.2% |
| Germany | 4.8 | 8.7 | 27.7 | 284 | 289.7% |
| Belgium | 5.6 | 38.8 | 48.8 | 254 | 256.6% |
| Spain | N/A | 30.3 | 30.8 | 174 | 139.6% |
| Slovenia | N/A | N/A | N/A | 88.2 | 0% |
| Ireland | N/A | 1.7 | 5.6 | 74.7 | 562.9% |
| Italy | 10.7 | 27.5 | 10.1 | 48.5 | 65.5% |
| Portugal | 13.6 | 47.5 | 42.6 | 43.5 | 47.3% |
| Hungary | 32.0 | 87.4 | 135 | 41.5 | 9.1% |
| South Africa | 24.6 | 23.9 | 32.4 | N/A | 14.8% |
| Others | 41.8 | 128 | 67.7 | 66.8 | 16.9% |
| Total | 140 | 412 | 421 | 1,403 | 115.6% |
Top Export Markets for Chicory from India in 2022:
- Germany (481.4 tons)
- Belgium (302.9 tons)
- Spain (289.9 tons)
- United States (155.6 tons)
- Slovenia (108.0 tons)
- Ireland (108.0 tons)
- Italy (80.4 tons)
- Portugal (75.1 tons)
- Hungary (54.0 tons)
Chicory Imports in India
Chicory imports into India shrank notably to 60 kg in 2022, which is down by -98.7% against 2021. In general, imports faced a sharp descent.
In value terms, chicory imports plummeted to $692 in 2022. Over the period under review, imports faced a significant contraction.
| Import of Chicory in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Poland | N/A | 0.5 | 0% | ||
| China | N/A | 0.2 | 0% | ||
| Croatia | 21.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 21.0 | 0.7 | -96.7% | ||
Top Suppliers of Chicory to India in 2022:
- Poland (40.0 kg)
- China (20.0 kg)
This report provides an in-depth analysis of the chicory market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
1092
This report provides an in-depth analysis of the chicory market in India.
98
This report provides an in-depth analysis of the vegetable product market in India.
168
This report provides an in-depth analysis of the sugar crop market in India.
799
This report provides an in-depth analysis of the sugar beet market in India.
658
This report provides an in-depth analysis of the sugar cane market in India.
549
This report provides an in-depth analysis of the carob market in India.
38
This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in India.
271
This report provides an in-depth analysis of the knitted track-suit market in India.
398
This report provides an in-depth analysis of the ethanal market in India.
497
This report provides an in-depth analysis of the beryllium market in India.
181
Chicory witnessed a remarkable surge in its July 2023 exports, reaching a total value of $291K.
2475
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
3814
In 2015, the country with the largest volume of the chicory output was Belgium (X thousand tons), accounting for X% of global production.
1561
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
1140
Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9%
6644
Global sugar beet consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2324
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.
2223
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
3474
Global sugar cane consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1871
In 2015, the country with the largest volume of the sugar cane output was Brazil (X thousand tons), accounting for X% of global production.
