Price for Fresh or Chilled Witloff Chicory in Ghana - 2022
Contents:
- Price for Fresh or Chilled Witloff Chicory in Ghana (CIF) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Ghana
Price for Fresh or Chilled Witloff Chicory in Ghana (CIF) - 2022
In 2022, the average import price for fresh or chilled witloff chicory amounted to $714 per ton, dropping by -6.4% against the previous year. Over the period under review, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21% against the previous year. The import price peaked at $6,063 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 ($6,500 per ton), while the price for Luxembourg ($1,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced a decline.
Imports of Fresh or Chilled Witloff Chicory in Ghana
In 2022, imports of fresh or chilled witloff chicory into Ghana amounted to 4.5 tons, growing by 2.5% on the year before. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. 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 contracted modestly to $3.2K in 2022. Overall, imports, however, showed a pronounced contraction. The smallest decline of -4% was in 2021.
| Import of Fresh or Chilled Witloff Chicory in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 184 | 92.0 | 86.0 | 112 | -15.3% |
| Netherlands | 3,344 | 95.0 | 58.0 | 52.0 | -75.0% |
| Luxembourg | 127 | 55.0 | 44.0 | 50.0 | -26.7% |
| Others | 1.0 | 3,267 | 3,181 | 3,019 | 1345.3% |
| Total | 3,656 | 3,509 | 3,369 | 3,233 | -4.0% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Ghana in 2022:
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