Poland - Chicory - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Poland - Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Chicory Price in Poland - 2023

Contents:

  1. Chicory Price in Poland (FOB) - 2023
  2. Chicory Price in Poland (CIF) - 2022
  3. Chicory Exports in Poland
  4. Chicory Imports in Poland

Chicory Price in Poland (FOB) - 2023

The average chicory export price stood at $1,413 per ton in September 2023, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +4.8%. The growth pace was the most rapid in October 2022 an increase of 36% month-to-month. Over the period under review, the average export prices hit record highs at $1,514 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was the Czech Republic ($1,467 per ton), while the average price for exports to Russia ($1,397 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Chicory Price in Poland (CIF) - 2022

In 2022, the average chicory import price amounted to $1,467 per ton, declining by -62.3% against the previous year. Overall, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 126%. The import price peaked at $3,897 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,471 per ton), while the price for India totaled $578 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Chicory Exports in Poland

After two years of decline, shipments abroad of chicory increased by 169% to 2.5K tons in 2022. In general, exports, however, showed a perceptible downturn.

In value terms, chicory exports soared to $2.6M in 2022. Overall, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chicory in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,4691,0411711,8047.1%
Russia27042641855527.1%
Germany1451671681899.2%
Latvia73.51.2N/A61.0-6.0%
Others32.732.624.018.7-17.0%
Total1,9901,6687812,6289.7%

Top Export Markets for Chicory from Poland in 2022:

  1. Belgium (1484.8 tons)
  2. Russia (750.4 tons)
  3. Germany (217.1 tons)
  4. Latvia (42.8 tons)

Chicory Imports in Poland

In 2022, supplies from abroad of chicory decreased by -39.5% to 84 tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep setback. The growth pace was the most rapid in 2020 with an increase of 131%. As a result, imports attained the peak of 269 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chicory imports dropped remarkably to $123K in 2022. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 421%. As a result, imports attained the peak of $900K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Chicory in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16113374.8123-8.6%
HungaryN/A740464N/A-37.3%
Latvia11.5N/AN/AN/A0%
FranceN/A27.2N/AN/A0%
OthersN/AN/AN/A0.20%
Total173900539123-10.7%

Top Suppliers of Chicory to Poland in 2022:

  1. Germany (83.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chicory market in Poland. 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:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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