Price for Fresh or Chilled Witloff Chicory in Ireland - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Ireland (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Ireland (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Ireland
- Exports of Fresh or Chilled Witloff Chicory in Ireland
Price for Fresh or Chilled Witloff Chicory in Ireland (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $3,385 per ton, remaining stable against the previous year. In general, the import price showed a noticeable decrease. The growth pace was the most rapid in 2018 when the average import price increased by 84% against the previous year. The import price peaked at $4,666 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,568 per ton), while the price for Belgium ($2,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-2.8%).
Price for Fresh or Chilled Witloff Chicory in Ireland (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $3,641 per ton in 2022, shrinking by -12.1% against the previous year. Over the period under review, the export price faced a dramatic shrinkage. Over the period under review, the average export prices hit record highs at $5,800 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2020 to 2022, the rate of growth in terms of prices for the UK amounted to +13.0% per year.
Imports of Fresh or Chilled Witloff Chicory in Ireland
Fresh or chilled witloff chicory imports into Ireland amounted to 13 tons in 2022, leveling off at 2021 figures. Over the period under review, imports recorded a significant expansion. The smallest decline of -55.4% was in 2020. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, fresh or chilled witloff chicory imports totaled $44K in 2022. In general, imports recorded significant growth. The smallest decline of -35% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fresh or Chilled Witloff Chicory in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.0 | 3.8 | N/A | 31.3 | 98.5% |
| France | 9.8 | 5.0 | N/A | 11.4 | 5.2% |
| Belgium | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.8 | 0.7 | N/A | 0.7 | -4.4% |
| Total | 14.6 | 9.5 | N/A | 43.9 | 44.3% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Ireland in 2022:
- Netherlands (8.8 tons)
- France (3.8 tons)
- Belgium (0.2 tons)
Exports of Fresh or Chilled Witloff Chicory in Ireland
Fresh or chilled witloff chicory exports from Ireland rose sharply to 1.4 tons in 2022, growing by 10% on 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,982%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, fresh or chilled witloff chicory exports dropped to $5K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,386%. As a result, the exports attained the peak of $5.2K, and then shrank slightly in the following year.
| Export of Fresh or Chilled Witloff Chicory in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | 1.4 | 5.0 | 257.1% | |
| Netherlands | 0.3 | 3.7 | N/A | 1133.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.3 | 5.2 | 5.0 | 308.2% | |
Top Export Markets for Fresh or Chilled Witloff Chicory from Ireland in 2022:
- United Kingdom (1.4 tons)
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