Price for Fresh or Chilled Witloff Chicory in Norway - 2023
Contents:
- Price for Fresh or Chilled Witloff Chicory in Norway (CIF) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Norway
Price for Fresh or Chilled Witloff Chicory in Norway (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $2,001 per ton in 2022, declining by -2.2% against the previous year. Over the period under review, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27%. As a result, import price reached the peak level of $2,956 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
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 ($2,972 per ton), while the price for Greece ($1,241 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced a decline.
Imports of Fresh or Chilled Witloff Chicory in Norway
In 2022, approx. 453 tons of fresh or chilled witloff chicory were imported into Norway; rising by 37% against 2021 figures. In general, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fresh or chilled witloff chicory imports soared to $907K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Witloff Chicory in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 372 | 197 | 244 | 583 | 16.2% |
| Netherlands | 93.6 | 71.4 | 65.4 | 286 | 45.1% |
| Germany | 8.2 | 13.9 | 2.0 | 17.1 | 27.8% |
| Spain | 12.4 | 10.1 | 4.8 | 11.3 | -3.0% |
| Greece | 1.2 | 1.3 | 2.6 | 8.9 | 95.0% |
| Denmark | 2.3 | 94.5 | 122 | 0.2 | -55.7% |
| Others | 227 | 177 | 237 | 0.2 | -90.4% |
| Total | 717 | 564 | 677 | 907 | 8.2% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Norway in 2022:
- Italy (336.5 tons)
- Netherlands (96.3 tons)
- Germany (7.4 tons)
- Greece (7.2 tons)
- Spain (5.8 tons)
- Denmark (0.1 tons)
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