Price for Fresh or Chilled Witloff Chicory in Guatemala - 2022

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in Guatemala (FOB) - 2022
  2. Exports of Fresh or Chilled Witloff Chicory in Guatemala

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

In 2022, the average export price for fresh or chilled witloff chicory amounted to $308 per ton, waning by -91.6% against the previous year. Overall, the export price faced a abrupt decline. The growth pace was the most rapid in 2014 an increase of 98% against the previous year. The export price peaked at $3,680 per ton in 2021, and then dropped sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.5% per year.

Exports of Fresh or Chilled Witloff Chicory in Guatemala

In 2022, after three years of growth, there was significant decline in shipments abroad of fresh or chilled witloff chicory, when their volume decreased by 99.9% to 13 kg. Over the period under review, exports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of 108 tons, and then shrank sharply in the following year.

In value terms, fresh or chilled witloff chicory exports dropped notably to $4 in 2022. In general, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, the exports reached the peak of $397K, and then fell sharply in the following year.

Export of Fresh or Chilled Witloff Chicory in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/AN/AN/A0%
United States124222397N/A78.9%
OthersN/A0.10.1N/A0.0%
Total125222397N/A78.2%

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

  1. Honduras (13.0 kg)

Source: IndexBox Market Intelligence Platform

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