Price for Fresh or Chilled Witloff Chicory in Kuwait - 2021
Contents:
- Price for Fresh or Chilled Witloff Chicory in Kuwait (CIF) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Kuwait
Price for Fresh or Chilled Witloff Chicory in Kuwait (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $3,250 per ton, growing by 35% against the previous year. Overall, the import price, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2019 an increase of 40%. Over the period under review, average import prices hit record highs at $5,052 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($10,527 per ton), while the price for Syrian Arab Republic ($1,491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Witloff Chicory in Kuwait
Fresh or chilled witloff chicory imports into Kuwait shrank to 2.2 tons in 2022, dropping by -12.8% on the previous year. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year.
In value terms, fresh or chilled witloff chicory imports surged to $7.2K in 2022. Overall, imports recorded a precipitous decline.
| Import of Fresh or Chilled Witloff Chicory in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 4.3 | 1.8 | 2.4 | 2.0 | -22.5% |
| Lebanon | 11.2 | 2.2 | 0.6 | 1.2 | -52.5% |
| Saudi Arabia | 2.5 | 1.0 | 1.4 | 1.1 | -23.9% |
| Syrian Arab Republic | 6.3 | 1.3 | 0.5 | 1.0 | -45.9% |
| Others | 14.4 | 1.9 | 1.2 | 1.8 | -50.0% |
| Total | 38.8 | 8.3 | 6.1 | 7.2 | -43.0% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Kuwait in 2022:
- Egypt (879.0 kg)
- Syrian Arab Republic (699.0 kg)
- Saudi Arabia (440.0 kg)
- Lebanon (112.0 kg)
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