Price for Fresh or Chilled Witloff Chicory in Ukraine - 2023

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in Ukraine (CIF) - 2022
  2. Price for Fresh or Chilled Witloff Chicory in Ukraine (FOB) - 2022
  3. Imports of Fresh or Chilled Witloff Chicory in Ukraine
  4. Exports of Fresh or Chilled Witloff Chicory in Ukraine

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

In 2022, the average import price for fresh or chilled witloff chicory amounted to $2,043 per ton, jumping by 35% against the previous year. In general, the import price posted a mild increase. The growth pace was the most rapid in 2017 an increase of 52%. As a result, import price attained the peak level of $3,195 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 ($2,919 per ton), while the price for Poland ($1,610 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for fresh or chilled witloff chicory stood at $6,000 per ton in 2021, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price decreased by -29.8%. Over the period under review, the average export prices attained the peak figure at $6,333 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2013 to 2021, the rate of growth in terms of prices for Canada amounted to -29.8% per year.

Imports of Fresh or Chilled Witloff Chicory in Ukraine

In 2022, supplies from abroad of fresh or chilled witloff chicory decreased by -54.6% to 153 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2020 when imports increased by 83%.

In value terms, fresh or chilled witloff chicory imports declined notably to $314K in 2022. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year.

Import of Fresh or Chilled Witloff Chicory in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy87.662.510429349.6%
Netherlands15.514.116.211.1-10.5%
Poland20.712.39.17.1-30.0%
Greece1.52.33.52.111.9%
Others67.4239377N/A136.5%
Total19333150931417.6%

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

  1. Italy (144.0 tons)
  2. Poland (4.4 tons)
  3. Netherlands (3.8 tons)
  4. Greece (1.2 tons)

Exports of Fresh or Chilled Witloff Chicory in Ukraine

In 2021, the amount of fresh or chilled witloff chicory exported from Ukraine amounted to 5 kg, remaining stable against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, fresh or chilled witloff chicory exports totaled $30 in 2021. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2021 and are likely to see steady growth in the near future.

Export of Fresh or Chilled Witloff Chicory in Ukraine (USD)
COUNTRY20202021CAGR,
2020-2021
Cyprus30.030.00.0%
OthersN/AN/A0%
Total30.030.00.0%

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

  1. Cyprus (5.0 kg)

Source: IndexBox Market Intelligence Platform

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