Report Asia - Chicory - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 29, 2021

Asia - Chicory - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Chicory Market Overview 2021

Chicory Market Size in Asia

The Asian chicory market fell to $X in 2020, which is down by -X% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2020: its value decreased at an average annual rate of -X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of consumption peaked at $X in 2019, and then declined slightly in the following year.

Chicory Production in Asia

In value terms, chicory production fell to $X in 2020 estimated in export prices. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019, and then declined in the following year.

The countries with the highest volumes of chicory production in 2020 were the Philippines (X tonnes), Kazakhstan (X tonnes) and India (X tonnes), with a combined X% share of total production.

From 2012 to 2020, the most notable rate of growth in terms of chicory production, amongst the main producing countries, was attained by India, while chicory production for the other leaders experienced more modest paces of growth.

The average chicory yield totaled X tonnes per ha in 2020, with an increase of X% against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of chicory in Asia was estimated at X ha, with an increase of X% on 2019. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to chicory production reached the maximum in 2020 and is expected to retain growth in the near future.

Production By Country in Asia

The countries with the highest volumes of chicory production in 2020 were the Philippines (X tonnes), Kazakhstan (X tonnes) and India (X tonnes), with a combined X% share of total production.

From 2012 to 2020, the most notable rate of growth in terms of chicory production, amongst the leading producing countries, was attained by India, while chicory production for the other leaders experienced more modest paces of growth.

Chicory Exports

Exports in Asia

In 2020, approx. X tonnes of chicory were exported in Asia; growing by X% on the previous year's figure. Overall, exports enjoyed resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, chicory exports surged to $X in 2020. In general, exports enjoyed moderate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

Exports by Country

India represented the key exporting country with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by Myanmar (X tonnes), creating a X% share of total exports. Viet Nam (X tonnes) and Singapore (X tonnes) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +X% from 2012 to 2020. At the same time, Viet Nam (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2020. By contrast, Myanmar (-X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of Myanmar and Viet Nam increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest chicory supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In India, chicory exports expanded at an average annual rate of +X% over the period from 2012-2020. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Singapore (+X% per year).

Export Prices by Country

In 2020, the chicory export price in Asia amounted to $X per tonne, waning by -X% against the previous year. In general, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced more modest paces of growth.

Chicory Imports

Imports in Asia

In 2020, purchases abroad of chicory increased by X% to X tonnes, rising for the second year in a row after four years of decline. Over the period under review, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. from 2015 to 2020, the growth imports failed to regain the momentum.

In value terms, chicory imports soared to $X in 2020. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Yemen dominates chicory imports structure, resulting at X tonnes, which was near X% of total imports in 2020. Viet Nam (X tonnes) followed a long way behind the leaders.

Yemen was also the fastest-growing in terms of the chicory imports, with a CAGR of -X% from 2012 to 2020. Viet Nam (-X%) illustrated a downward trend over the same period. While the share of Yemen (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Yemen ($X) constitutes the largest market for imported chicory in Asia, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports.

In Yemen, chicory imports contracted by an average annual rate of -X% over the period from 2012-2020.

Import Prices by Country

The chicory import price in Asia stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The growth pace was the most rapid in 2014 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Viet Nam ($X per tonne), while Yemen totaled $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in Asia?
+
The countries with the highest volumes of chicory consumption in 2020 were the Philippines (5.4K tonnes), Kazakhstan (2.9K tonnes) and Yemen (1.4K tonnes), together accounting for 97% of total consumption.
What are the largest producers of chicory in Asia?
+
The countries with the highest volumes of chicory production in 2020 were the Philippines (5.4K tonnes), Kazakhstan (2.9K tonnes) and India (362 tonnes), with a combined 97% share of total production.
What are the leading exporters of chicory in Asia?
+
In value terms, India ($412K) remains the largest chicory supplier in Asia, comprising 74% of total exports. The second position in the ranking was occupied by Viet Nam ($65K), with a 12% share of total exports. It was followed by Singapore, with a 7.7% share.
What are the leading importers of chicory in Asia?
+
In value terms, Yemen ($553K) constitutes the largest market for imported chicory in Asia, comprising 82% of total imports. The second position in the ranking was occupied by Viet Nam ($31K), with a 4.6% share of total imports.
What is the average export price for chicory in Asia?
+
The chicory export price in Asia stood at $1,199 per tonne in 2020, waning by -37.5% against the previous year.
What is the average import price for chicory in Asia?
+
The chicory import price in Asia stood at $462 per tonne in 2020, growing by 37% against the previous year.
Product coverage:
• FCL 459 - Chicory roots

This report provides an in-depth analysis of the chicory market in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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