Price for Fresh or Chilled Witloff Chicory in Hungary - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Hungary (FOB) - 2022
- Price for Fresh or Chilled Witloff Chicory in Hungary (CIF) - 2022
- Exports of Fresh or Chilled Witloff Chicory in Hungary
- Imports of Fresh or Chilled Witloff Chicory in Hungary
Price for Fresh or Chilled Witloff Chicory in Hungary (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $4,071 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($5,305 per ton), while the average price for exports to Slovakia amounted to $3,382 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+14.5%).
Price for Fresh or Chilled Witloff Chicory in Hungary (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $3,299 per ton, picking up by 30% against the previous year. Over the period under review, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 69%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,487 per ton), while the price for Germany ($2,155 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Witloff Chicory in Hungary
In 2022, approx. 146 tons of fresh or chilled witloff chicory were exported from Hungary; which is down by -10.5% against the year before. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 4,072,125% against the previous year. As a result, the exports reached the peak of 163 tons, and then dropped in the following year.
In value terms, fresh or chilled witloff chicory exports dropped to $594K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,101,075%. As a result, the exports attained the peak of $656K, and then contracted in the following year.
| Export of Fresh or Chilled Witloff Chicory in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | 461 | 316 | -31.5% |
| Romania | 2.2 | N/A | 196 | 276 | 400.6% |
| Others | N/A | N/A | N/A | 1.4 | 0% |
| Total | 2.2 | N/A | 656 | 594 | 546.3% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Hungary in 2022:
- Slovakia (93.4 tons)
- Romania (52.1 tons)
Imports of Fresh or Chilled Witloff Chicory in Hungary
In 2022, imports of fresh or chilled witloff chicory into Hungary soared to 53 tons, increasing by 16% against the previous year. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,733%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fresh or chilled witloff chicory imports soared to $175K in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 3,002% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Fresh or Chilled Witloff Chicory in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.3 | 2.7 | 100 | 137 | 165.7% |
| Italy | N/A | 0.8 | 8.7 | 22.0 | 424.4% |
| Germany | N/A | N/A | 7.0 | 15.0 | 114.3% |
| Others | 1.9 | 0.2 | 0.1 | N/A | -77.1% |
| Total | 9.3 | 3.7 | 116 | 175 | 166.0% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Hungary in 2022:
- Netherlands (39.4 tons)
- Germany (7.0 tons)
- Italy (6.5 tons)
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