Price for Fresh or Chilled Witloff Chicory in Argentina - 2022
Contents:
- Price for Fresh or Chilled Witloff Chicory in Argentina (FOB) - 2022
- Price for Fresh or Chilled Witloff Chicory in Argentina (CIF) - 2022
- Exports of Fresh or Chilled Witloff Chicory in Argentina
- Imports of Fresh or Chilled Witloff Chicory in Argentina
Price for Fresh or Chilled Witloff Chicory in Argentina (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $3,404 per ton, increasing by 18% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 32% against the previous year. As a result, the export price attained the peak level of $4,627 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($4,761 per ton), while the average price for exports to Poland ($728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Witloff Chicory in Argentina (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $4,443 per ton, shrinking by -1.6% against the previous year. Over the last seven-year period, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2018 when the average import price increased by 25%. As a result, import price reached the peak level of $4,636 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2015 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.1% per year.
Exports of Fresh or Chilled Witloff Chicory in Argentina
In 2022, shipments abroad of fresh or chilled witloff chicory decreased by -11.2% to 116 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 440% against the previous year.
In value terms, fresh or chilled witloff chicory exports amounted to $397K in 2022. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 224% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fresh or Chilled Witloff Chicory in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 28.5 | 131 | 340 | 241 | 103.7% |
| Uruguay | 19.4 | 27.5 | 23.3 | 20.6 | 2.0% |
| Poland | N/A | N/A | 6.7 | 6.1 | -9.0% |
| Chile | 3.5 | 7.9 | 7.3 | 4.5 | 8.7% |
| Others | N/A | N/A | N/A | 124 | 0% |
| Total | 51.4 | 167 | 378 | 397 | 97.7% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Argentina in 2022:
- Brazil (80.5 tons)
- Poland (8.4 tons)
- Uruguay (5.7 tons)
- Chile (0.9 tons)
Imports of Fresh or Chilled Witloff Chicory in Argentina
For the fourth year in a row, Argentina recorded growth in purchases abroad of fresh or chilled witloff chicory, which increased by 64% to 115 kg in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh or chilled witloff chicory imports soared to $511 in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Witloff Chicory in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 195 | 248 | 316 | 282 | 13.1% |
| Others | N/A | N/A | N/A | 229 | 0% |
| Total | 195 | 248 | 316 | 511 | 37.9% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Argentina in 2022:
- Brazil (62.0 kg)
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