Price for Fresh or Chilled Witloff Chicory in Croatia - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Croatia (CIF) - 2023
- Price for Fresh or Chilled Witloff Chicory in Croatia (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Croatia
- Exports of Fresh or Chilled Witloff Chicory in Croatia
Price for Fresh or Chilled Witloff Chicory in Croatia (CIF) - 2023
The average import price for fresh or chilled witloff chicory stood at $1,440 per ton in May 2023, increasing by 7.3% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 11% against the previous month. Over the period under review, average import prices hit record highs at $1,954 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the Netherlands ($2,595 per ton), while the price for Italy ($1,382 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 (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Fresh or Chilled Witloff Chicory in Croatia (FOB) - 2022
In 2022, the average export price for fresh or chilled witloff chicory amounted to $3,523 per ton, increasing by 42% against the previous year. In general, the export price posted a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by 134% against the previous year. The export price peaked at $4,043 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($3,974 per ton), while the average price for exports to Montenegro ($1,343 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 Slovenia (+10.2%), while the prices for the other major destinations experienced a decline.
Imports of Fresh or Chilled Witloff Chicory in Croatia
In 2022, fresh or chilled witloff chicory imports into Croatia contracted to 624 tons, dropping by -6.4% on the year before. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year.
In value terms, fresh or chilled witloff chicory imports shrank slightly to $1M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of $1.1M, and then contracted slightly in the following year.
| Import of Fresh or Chilled Witloff Chicory in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 926 | 534 | 1,014 | 918 | -0.3% |
| Netherlands | 11.9 | 0.6 | 22.5 | 49.9 | 61.3% |
| Slovenia | 20.9 | 6.1 | 23.2 | 43.3 | 27.5% |
| Germany | 96.1 | 64.4 | 36.4 | 38.0 | -26.6% |
| Others | 1.4 | 4.9 | N/A | N/A | 250.0% |
| Total | 1,056 | 610 | 1,096 | 1,050 | -0.2% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Croatia in 2022:
- Italy (558.3 tons)
- Slovenia (24.0 tons)
- Netherlands (22.8 tons)
- Germany (18.7 tons)
Exports of Fresh or Chilled Witloff Chicory in Croatia
In 2022, shipments abroad of fresh or chilled witloff chicory decreased by -42.7% to 33 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 166% against the previous year. As a result, the exports reached the peak of 58 tons, and then declined dramatically in the following year.
In value terms, fresh or chilled witloff chicory exports declined notably to $116K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. As a result, the exports reached the peak of $143K, and then dropped rapidly in the following year.
| Export of Fresh or Chilled Witloff Chicory in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 57.0 | 66.7 | 143 | 108 | 23.7% |
| Bosnia and Herzegovina | N/A | N/A | 0.1 | 5.6 | 5500.0% |
| Montenegro | N/A | N/A | N/A | 2.1 | 0% |
| Others | 0.5 | 1.4 | 0.1 | 1.1 | 30.1% |
| Total | 57.5 | 68.1 | 143 | 116 | 26.4% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Croatia in 2022:
- Slovenia (27.1 tons)
- Bosnia and Herzegovina (3.7 tons)
- Montenegro (1.5 tons)
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