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

India - Chicory - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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India: Chicory Market Overview 2021

Chicory Market Size in India

The Indian chicory market was estimated at $X in 2019, therefore, remained relatively stable against the previous year. In general, consumption showed a relatively flat trend pattern. Chicory consumption peaked at $X in 2014; afterwards, it flattened through to 2019.

Chicory Production in India

In value terms, chicory production soared to $X in 2020 estimated in export prices. In general, production enjoyed buoyant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The average yield of chicory in India amounted to X kg per ha in 2020, remaining stable against 2019. Overall, the yield showed 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 2020, approx. X ha of chicory were harvested in India; stabilizing at 2019 figures. In general, the harvested area continues to indicate a relatively flat trend pattern.

Chicory Exports

Exports from India

In 2020, shipments abroad of chicory increased by X% to X tonnes, rising for the third year in a row after two years of decline. Overall, exports saw resilient growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the immediate term.

In value terms, chicory exports skyrocketed to $X in 2020. In general, exports posted perceptible growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to see steady growth in the near future.

Exports by Country

Hungary (X tonnes), Portugal (X tonnes) and South Africa (X tonnes) were the main destinations of chicory exports from India, together accounting for X% of total exports. These countries were followed by Spain, Belgium, Italy and Latvia, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Portugal ($X) and Belgium ($X) constituted the largest markets for chicory exported from India worldwide, together accounting for X% of total exports. These countries were followed by Spain, Italy, South Africa and Latvia, which together accounted for a further X terms of the main countries of destination, Latvia (+X% per year) saw 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

In 2020, the average chicory export price amounted to $X per tonne, leveling off at the previous year. In general, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced a decline.

Chicory Imports

Imports into India

In 2020, supplies from abroad of chicory increased by X% to X tonnes, rising for the second consecutive year after three years of decline. In general, imports recorded a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, chicory imports stood at $X in 2020. Overall, imports saw a strong expansion. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2018, Croatia (X tonnes) was the main supplier of chicory to India, accounting for a approx. X% share of total imports.

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

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

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

Import Prices by Country

In 2018, the average chicory import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?
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Belgium (311K tonnes) constituted the country with the largest volume of chicory consumption, comprising approx. 67% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands (51K tonnes), sixfold. The third position in this ranking was occupied by France (39K tonnes), with a 8.5% share.
What are the largest producers of chicory in the world?
+
The country with the largest volume of chicory production was Belgium (312K tonnes), comprising approx. 68% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (53K tonnes), sixfold. The third position in this ranking was occupied by France (40K tonnes), with a 8.6% share.
What are the leading suppliers of chicory to India?
+
In value terms, Croatia ($11K) constituted the largest supplier of chicory to India.
What are the leading importers of chicory from India?
+
In value terms, the largest markets for chicory exported from India were Hungary ($100K), Portugal ($54K) and Belgium ($44K), together comprising 48% of total exports. Spain, Italy, South Africa and Latvia lagged somewhat behind, together comprising a further 29%.
What is the average export price for chicory in India?
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In 2020, the average chicory export price amounted to $1,102 per tonne, approximately reflecting the previous year.
What is the average import price for chicory in India?
+
In 2018, the average chicory import price amounted to $5,378 per tonne, increasing by 111% against the previous year.
Product coverage:
• FCL 459 - Chicory roots

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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