Price for Fresh or Chilled Witloff Chicory in Austria - 2023

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in Austria (CIF) - 2023
  2. Price for Fresh or Chilled Witloff Chicory in Austria (FOB) - 2022
  3. Imports of Fresh or Chilled Witloff Chicory in Austria
  4. Exports of Fresh or Chilled Witloff Chicory in Austria

Price for Fresh or Chilled Witloff Chicory in Austria (CIF) - 2023

In May 2023, the average import price for fresh or chilled witloff chicory amounted to $2,627 per ton, with an increase of 18% against the previous month. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 68% m-o-m. Over the period under review, average import prices reached the maximum at $3,202 per ton in September 2022; however, from October 2022 to May 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($3,580 per ton), while the price for Italy ($2,263 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Fresh or Chilled Witloff Chicory in Austria (FOB) - 2022

In 2022, the average export price for fresh or chilled witloff chicory amounted to $2,410 per ton, with a decrease of -12% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 75%. Over the period under review, the average export prices hit record highs at $2,737 per ton in 2021, and then reduced in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,116 per ton), while the average price for exports to Slovenia ($2,155 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 Italy (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Witloff Chicory in Austria

In 2022, imports of fresh or chilled witloff chicory into Austria fell dramatically to 263 tons, declining by -33.1% on the previous year. Overall, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6% against the previous year.

In value terms, fresh or chilled witloff chicory imports plummeted to $628K in 2022. Over the period under review, imports saw a significant decline. The smallest decline of -27.3% was in 2021.

Import of Fresh or Chilled Witloff Chicory in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16910875.423711.9%
Netherlands597196222206-29.9%
Italy440194392184-25.2%
France16.814.756.71.8-52.5%
Hungary580N/AN/AN/A0%
Belgium576785197N/A-41.5%
Others6.70.40.5N/A-72.7%
Total2,3861,297943628-35.9%

Top Suppliers of Fresh or Chilled Witloff Chicory to Austria in 2022:

  1. Germany (101.6 tons)
  2. Netherlands (80.9 tons)
  3. Italy (79.7 tons)
  4. France (0.4 tons)

Exports of Fresh or Chilled Witloff Chicory in Austria

In 2022, fresh or chilled witloff chicory exports from Austria dropped significantly to 16 tons, which is down by -56.6% on 2021. In general, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 67%.

In value terms, fresh or chilled witloff chicory exports fell significantly to $38K in 2022. Over the period under review, exports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 139% against the previous year.

Export of Fresh or Chilled Witloff Chicory in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11827.729.529.0-37.4%
Germany6.97.77.27.42.4%
Slovenia4.40.10.91.4-31.7%
Switzerland2.30.158.40.3-49.3%
Czech Republic2.93.52.10.1-67.5%
Others4.92.81.8N/A-39.4%
Total13941.910038.2-35.0%

Top Export Markets for Fresh or Chilled Witloff Chicory from Austria in 2022:

  1. Czech Republic (undefined tons)
  2. Italy (12.7 tons)
  3. Germany (2.4 tons)
  4. Slovenia (0.6 tons)
  5. Switzerland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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