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

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Chicory Market Size in Brazil

The Brazilian chicory market totaled $X in 2018, therefore, remained relatively stable against the previous year. In general, consumption showed a significant decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Chicory Production in Brazil

In value terms, chicory production amounted to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. Chicory production peaked in 2019 and is expected to retain growth in the near future.

The average yield of chicory in Brazil amounted to X kg per ha in 2019, therefore, remained relatively stable against 2018 figures. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of chicory were harvested in Brazil; stabilizing at the year before. In general, the harvested area continues to indicate a relatively flat trend pattern.

Chicory Exports

Exports from Brazil

For the eighth year in a row, Brazil recorded growth in shipments abroad of chicory, which increased by X% to X kg in 2019. In general, exports enjoyed a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chicory exports soared to $X in 2019. Overall, exports showed significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X kg), Hong Kong SAR (X kg) and Singapore (X kg) were the main destinations of chicory exports from Brazil, together comprising X% of total exports.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chicory exported from Brazil were Panama ($X), Hong Kong SAR ($X) and Singapore ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Panama (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chicory export price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the export price continues to indicate a dramatic curtailment. Over the period under review, average export prices attained the peak figure at $X per tonne in 2018, and then fell significantly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Greece ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Liberia, while the prices for the other major destinations experienced more modest paces of growth.

Chicory Imports

Imports into Brazil

Chicory imports into Brazil declined markedly to X kg in 2019, waning by -X% on 2018. In general, imports recorded a precipitous shrinkage. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, chicory imports dropped rapidly to $X in 2019. Over the period under review, imports saw a sharp curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Belgium (X tonnes) was the main chicory supplier to Brazil, with a approx. X% share of total imports.

From 2012 to 2018, the average annual growth rate of volume from Belgium was relatively modest.

In value terms, Belgium ($X) constituted the largest supplier of chicory to Brazil.

From 2012 to 2018, the average annual rate of growth in terms of value from Belgium was relatively modest.

Import Prices by Country

The average chicory import price stood at $X per tonne in 2018, approximately equating the previous year. Overall, the import price saw a drastic downturn. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain the momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for Belgium amounted to X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?
+
The country with the largest volume of chicory consumption was Belgium (376K tonnes), accounting for 72% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands (54K tonnes), sevenfold. The third position in this ranking was occupied by France (36K tonnes), with a 6.9% share.
What are the largest producers of chicory in the world?
+
Belgium (376K tonnes) constituted the country with the largest volume of chicory production, accounting for 73% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (56K tonnes), sevenfold. France (36K tonnes) ranked third in terms of total production with a 7% share.
What are the leading suppliers of chicory to Brazil?
+
In value terms, Belgium ($3.8K) constituted the largest supplier of chicory to Brazil.
What are the leading importers of chicory from Brazil?
+
In value terms, the largest markets for chicory exported from Brazil were Panama ($168), Hong Kong SAR ($114) and Singapore ($59), with a combined 82% share of total exports.
What is the average export price for chicory in Brazil?
+
In 2019, the average chicory export price amounted to $1,000 per tonne, shrinking by -50.6% against the previous year.
What is the average import price for chicory in Brazil?
+
In 2018, the average chicory import price amounted to $441 per tonne, flattening at the previous year.

Product coverage:
• FCL 459 - Chicory roots

This report provides an in-depth analysis of the chicory market in Brazil. 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:
• Brazil

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Brazil
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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