CIS: Chicory Market 2024

Chicory Market Size in CIS

In 2022, the CIS chicory market increased by X% to $X, rising for the second consecutive year after eight years of decline. Overall, consumption, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Chicory Production in CIS

In value terms, chicory production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Kazakhstan (X tons) remains the largest chicory producing country in the CIS, accounting for X% of total volume.

In Kazakhstan, chicory production remained relatively stable over the period from 2012-2022.

In 2022, the average chicory yield in the CIS stood at X tons per ha, increasing by X% against the previous year. In general, the yield, however, saw a relatively flat trend pattern. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chicory harvested area shrank to X ha in 2022, falling by X% against the previous year. In general, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the harvested area attained the peak level of X ha, and then contracted in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Chicory Exports

Exports in CIS

In 2022, the amount of chicory exported in the CIS surged to X tons, picking up by X% on the previous year. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, chicory exports soared to $X in 2022. Overall, exports, however, showed a slight decrease. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan was the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Russia (X tons) and Kazakhstan (X tons), together mixing up a X% share of total exports.

Exports from Uzbekistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Kazakhstan (X p.p.) and Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Uzbekistan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X), Kazakhstan ($X) and Russia ($X) appeared to be the countries with the highest levels of exports in 2022.

Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Chicory Imports

Imports in CIS

In 2022, approx. X tons of chicory were imported in the CIS; rising by X% on the year before. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, chicory imports soared to $X in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2016 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

The countries with the highest levels of chicory imports in 2022 were Russia (X tons), together amounting to X% of total import.

Russia was also the fastest-growing in terms of the chicory imports, with a CAGR of X% from 2012 to 2022. While the share of Russia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported chicory in the CIS.

In Russia, chicory imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :