Price for Fresh or Chilled Witloff Chicory in Denmark - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Denmark (FOB) - 2022
- Price for Fresh or Chilled Witloff Chicory in Denmark (CIF) - 2022
- Exports of Fresh or Chilled Witloff Chicory in Denmark
- Imports of Fresh or Chilled Witloff Chicory in Denmark
Price for Fresh or Chilled Witloff Chicory in Denmark (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $2,010 per ton in 2022, reducing by -4.8% against the previous year. In general, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 34% against the previous year. As a result, the export price attained the peak level of $3,988 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($2,048 per ton), while the average price for exports to Spain amounted to $600 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-1.2%), while the prices for the other major destinations experienced a decline.
Price for Fresh or Chilled Witloff Chicory in Denmark (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $2,105 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 35%. Over the period under review, average import prices hit record highs at $2,115 per ton in 2016; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,584 per ton), while the price for Spain ($1,243 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced a decline.
Exports of Fresh or Chilled Witloff Chicory in Denmark
In 2022, fresh or chilled witloff chicory exports from Denmark shrank markedly to 98 tons, which is down by -19.8% against 2021 figures. Overall, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, the exports attained the peak of 123 tons, and then fell rapidly in the following year.
In value terms, fresh or chilled witloff chicory exports contracted notably to $197K in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $259K, and then contracted significantly in the following year.
| Export of Fresh or Chilled Witloff Chicory in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 180 | 179 | 258 | 196 | 2.9% |
| Spain | N/A | N/A | 0.4 | 1.6 | 300.0% |
| Netherlands | N/A | 13.2 | N/A | N/A | 0% |
| Others | N/A | 0.8 | 0.7 | 0.2 | -50.0% |
| Total | 180 | 193 | 259 | 197 | 3.1% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Denmark in 2022:
- Norway (95.5 tons)
- Spain (2.7 tons)
Imports of Fresh or Chilled Witloff Chicory in Denmark
Fresh or chilled witloff chicory imports into Denmark stood at 102 tons in 2022, flattening at 2021 figures. Overall, imports, however, continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 32%.
In value terms, fresh or chilled witloff chicory imports surged to $215K in 2022. Over the period under review, imports, however, saw a deep slump.
| Import of Fresh or Chilled Witloff Chicory in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 79.5 | 97.1 | 74.8 | 101 | 8.3% |
| Spain | 157 | 37.1 | 80.4 | 61.9 | -26.7% |
| Italy | N/A | N/A | N/A | 38.3 | 0% |
| Germany | 39.4 | 0.1 | 10.8 | 12.9 | -31.1% |
| Others | 0.7 | 0.9 | 0.4 | 1.2 | 19.7% |
| Total | 276 | 135 | 166 | 215 | -8.0% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Denmark in 2022:
- Spain (49.8 tons)
- Netherlands (28.1 tons)
- Italy (16.6 tons)
- Germany (7.1 tons)
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