Price for Fresh or Chilled Witloff Chicory in Germany - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Germany (CIF) - 2023
- Price for Fresh or Chilled Witloff Chicory in Germany (FOB) - 2023
- Imports of Fresh or Chilled Witloff Chicory in Germany
- Exports of Fresh or Chilled Witloff Chicory in Germany
Price for Fresh or Chilled Witloff Chicory in Germany (CIF) - 2023
The average import price for fresh or chilled witloff chicory stood at $2,444 per ton in June 2023, which is down by -6.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 19% m-o-m. Over the period under review, average import prices attained the peak figure at $2,616 per ton in May 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($3,095 per ton), while the price for Belgium ($1,766 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fresh or Chilled Witloff Chicory in Germany (FOB) - 2023
In June 2023, the average export price for fresh or chilled witloff chicory amounted to $2,868 per ton, falling by -2.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 15% m-o-m. The export price peaked at $3,269 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was France ($5,473 per ton), while the average price for exports to Switzerland ($2,543 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Witloff Chicory in Germany
In 2022, approx. 7.1K tons of fresh or chilled witloff chicory were imported into Germany; declining by -6.2% compared with the previous year. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.
In value terms, fresh or chilled witloff chicory imports shrank to $13M in 2022. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.
| Import of Fresh or Chilled Witloff Chicory in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.2 | 4.8 | 6.1 | 5.2 | -5.7% |
| France | 6.9 | 4.7 | 5.0 | 4.1 | -15.9% |
| Italy | 1.2 | 1.4 | 2.4 | 1.9 | 16.6% |
| Belgium | 1.4 | 1.7 | 1.9 | 1.7 | 6.7% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 16.0 | 12.8 | 15.4 | 13.1 | -6.4% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Germany in 2022:
- Netherlands (2.5K tons)
- France (2.4K tons)
- Belgium (1.1K tons)
- Italy (0.9K tons)
Exports of Fresh or Chilled Witloff Chicory in Germany
In 2022, the amount of fresh or chilled witloff chicory exported from Germany fell significantly to 931 tons, waning by -25.4% compared with 2021 figures. Over the period under review, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 21%.
In value terms, fresh or chilled witloff chicory exports shrank sharply to $2.2M in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. As a result, the exports reached the peak of $3.4M, and then dropped notably in the following year.
| Export of Fresh or Chilled Witloff Chicory in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,386 | 2,402 | 2,615 | 1,496 | -14.4% |
| Switzerland | 66.2 | 24.9 | 265 | 393 | 81.1% |
| Austria | 259 | 252 | 250 | 189 | -10.0% |
| France | 136 | 194 | 147 | 51.8 | -27.5% |
| United States | N/A | N/A | N/A | 44.2 | 0% |
| Others | 82.3 | 60.5 | 134 | 68.3 | -6.0% |
| Total | 2,931 | 2,934 | 3,412 | 2,242 | -8.5% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Germany in 2022:
- Italy (646.0 tons)
- Switzerland (173.8 tons)
- Austria (53.9 tons)
- United States (21.8 tons)
- France (11.0 tons)
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