Price for Fresh or Chilled Witloff Chicory in Turkey - 2023

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

The average export price for fresh or chilled witloff chicory stood at $3,324 per ton in 2022, picking up by 21% against the previous year. In general, the export price, however, faced a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by 72% against the previous year. The export price peaked at $7,429 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($6,541 per ton), while the average price for exports to Azerbaijan ($1,068 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-1.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for fresh or chilled witloff chicory amounted to $906 per ton, standing approx. at the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 110%. As a result, import price reached the peak level of $1,953 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.8% per year.

Exports of Fresh or Chilled Witloff Chicory in Turkey

In 2022, overseas shipments of fresh or chilled witloff chicory decreased by -79.9% to 748 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. As a result, the exports attained the peak of 37 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fresh or chilled witloff chicory exports contracted rapidly to $2.5K in 2022. Over the period under review, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of $59K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Fresh or Chilled Witloff Chicory in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Maldives	N/A	N/A	N/A	1.7	0%
Russia	41.5	54.1	10.1	0.5	-77.1%
Azerbaijan	N/A	N/A	N/A	0.3	0%
Belarus	N/A	3.7	N/A	N/A	0%
Lebanon	3.2	0.4	0.1	N/A	-82.3%
United Arab Emirates	8.2	0.7	N/A	N/A	-91.5%
Others	N/A	N/A	N/A	N/A	0%
Total	52.9	59.0	10.2	2.5	-63.8%

Top Export Markets for Fresh or Chilled Witloff Chicory from Turkey in 2022:

Azerbaijan (264.0 kg)
Maldives (255.0 kg)
Russia (221.0 kg)
United Arab Emirates (8.0 kg)

Imports of Fresh or Chilled Witloff Chicory in Turkey

In 2022, fresh or chilled witloff chicory imports into Turkey surged to 7.8 tons, growing by 71% against 2021 figures. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fresh or chilled witloff chicory imports skyrocketed to $7K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.