Price for Fresh or Chilled Witloff Chicory in Hong Kong SAR - 2023

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in Hong Kong SAR (CIF) - 2022
  2. Imports of Fresh or Chilled Witloff Chicory in Hong Kong SAR

Price for Fresh or Chilled Witloff Chicory in Hong Kong SAR (CIF) - 2022

The average import price for fresh or chilled witloff chicory stood at $9,933 per ton in 2022, growing by 66% against the previous year. Overall, the import price saw a strong increase. As a result, import price attained 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +9.3% per year.

Imports of Fresh or Chilled Witloff Chicory in Hong Kong SAR

Fresh or chilled witloff chicory imports into Hong Kong SAR fell markedly to 1.4 tons in 2022, with a decrease of -48.9% against 2021. In general, imports saw a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 2.8%.

In value terms, fresh or chilled witloff chicory imports shrank sharply to $14K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 22%.

Import of Fresh or Chilled Witloff Chicory in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.84.86.214.322.4%
Brazil0.20.10.2N/A0.0%
Belgium0.10.10.1N/A0.0%
Others13.18.810.4N/A-10.9%
Total21.313.816.914.3-12.4%

Top Suppliers of Fresh or Chilled Witloff Chicory to Hong Kong SAR in 2022:

  1. Netherlands (1.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Witloff chicory (cichorium intybus var. foliosum), fresh or chilled - Hong Kong SAR