Price for Fresh or Chilled Witloff Chicory in Estonia - 2023

Contents:

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

Price for Fresh or Chilled Witloff Chicory in Estonia (CIF) - 2022

In 2022, the average import price for fresh or chilled witloff chicory amounted to $3,837 per ton, growing by 38% against the previous year. Overall, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2016 when the average import price increased by 119% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,053 per ton), while the price for Italy amounted to $3,048 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.8%).

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

The average export price for fresh or chilled witloff chicory stood at $3,281 per ton in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2018 when the average export price increased by 38%. As a result, the export price attained the peak level of $4,460 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +13.9% per year.

Imports of Fresh or Chilled Witloff Chicory in Estonia

In 2022, supplies from abroad of fresh or chilled witloff chicory was finally on the rise to reach 9.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw 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 surged to $36K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Witloff Chicory in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.91.31.229.871.6%
ItalyN/AN/AN/A6.10%
LatviaN/A1.50.20.1-74.2%
OthersN/AN/AN/AN/A0%
Total5.92.81.436.082.7%

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

  1. Latvia (undefined tons)
  2. Netherlands (7.4 tons)
  3. Italy (2.0 tons)

Exports of Fresh or Chilled Witloff Chicory in Estonia

After two years of decline, shipments abroad of fresh or chilled witloff chicory decreased by 0% to 32 kg in 2022. Overall, exports faced a deep downturn. The smallest decline of 99.9% was in 2020.

In value terms, fresh or chilled witloff chicory exports stood at $105 in 2022. In general, exports showed a mild descent. The smallest decline of 99.9% was in 2020.

Export of Fresh or Chilled Witloff Chicory in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.0N/AN/A10587.2%
Lithuania93.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total109N/AN/A105-1.2%

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

  1. Netherlands (32.0 kg)

Source: IndexBox Market Intelligence Platform

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