Price for Fresh or Chilled Witloff Chicory in Lithuania - 2023

Price for Fresh or Chilled Witloff Chicory in Lithuania (CIF) - 2022

In 2022, the average import price for fresh or chilled witloff chicory amounted to $2,427 per ton, with an increase of 46% against the previous year. Over the period under review, the import price showed a mild increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 84%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 the Netherlands ($2,675 per ton), while the price for Italy totaled $1,616 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+154.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fresh or chilled witloff chicory amounted to $1,916 per ton, with an increase of 29% against the previous year. Overall, the export price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2019 an increase of 55% against the previous year. Over the period under review, the average export prices attained the maximum at $2,401 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($2,032 per ton), while the average price for exports to Latvia totaled $1,825 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Fresh or Chilled Witloff Chicory in Lithuania

For the third consecutive year, Lithuania recorded decline in supplies from abroad of fresh or chilled witloff chicory, which decreased by -97.1% to 2 tons in 2022. Over the period under review, imports faced a sharp shrinkage. The smallest decline of -21.5% was in 2020.

In value terms, fresh or chilled witloff chicory imports contracted sharply to $4.8K in 2022. Overall, imports recorded a significant contraction. The smallest decline of -13.1% was in 2021.

Import of Fresh or Chilled Witloff Chicory in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	116	72.7	28.8	4.0	-67.5%
Italy	4.2	6.3	24.4	0.7	-45.0%
Belgium	1.7	6.8	46.6	N/A	423.6%
Poland	33.3	39.8	N/A	N/A	19.5%
Others	15.3	3.7	12.7	N/A	-8.9%
Total	171	129	112	4.8	-69.6%

Top Suppliers of Fresh or Chilled Witloff Chicory to Lithuania in 2022:

Netherlands (1511.0 kg)
Italy (463.0 kg)

Exports of Fresh or Chilled Witloff Chicory in Lithuania

In 2022, overseas shipments of fresh or chilled witloff chicory decreased by -99.8% to 143 kg, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 8.8%. As a result, the exports attained the peak of 129 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fresh or chilled witloff chicory exports reduced sharply to $274 in 2022. In general, exports saw a significant curtailment. The smallest decline of -11% was in 2021.