Price for Fresh or Chilled Witloff Chicory in the Dominican Republic - 2023

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in the Dominican Republic (CIF) - 2022
  2. Imports of Fresh or Chilled Witloff Chicory in the Dominican Republic

Price for Fresh or Chilled Witloff Chicory in the Dominican Republic (CIF) - 2022

The average import price for fresh or chilled witloff chicory stood at $10,048 per ton in 2022, surging by 14% against the previous year. Over the period under review, the import price saw a resilient expansion. The growth pace was the most rapid in 2016 when the average import price increased by 109% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.2% per year.

Imports of Fresh or Chilled Witloff Chicory in the Dominican Republic

In 2022, supplies from abroad of fresh or chilled witloff chicory was finally on the rise to reach 15 tons after two years of decline. In general, imports, however, showed a deep setback.

In value terms, fresh or chilled witloff chicory imports surged to $146K in 2022. Overall, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Witloff Chicory in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11872.880.61467.4%
OthersN/AN/AN/AN/A0%
Total11872.880.61467.4%

Top Suppliers of Fresh or Chilled Witloff Chicory to the Dominican Republic in 2022:

  1. United States (14.6 tons)

Source: IndexBox Market Intelligence Platform

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