Price for Fresh or Chilled Witloff Chicory in Oman - 2021

Contents:

  1. Price for Fresh or Chilled Witloff Chicory in Oman (CIF) - 2022
  2. Price for Fresh or Chilled Witloff Chicory in Oman (FOB) - 2022
  3. Imports of Fresh or Chilled Witloff Chicory in Oman
  4. Exports of Fresh or Chilled Witloff Chicory in Oman

Price for Fresh or Chilled Witloff Chicory in Oman (CIF) - 2022

The average import price for fresh or chilled witloff chicory stood at $4,837 per ton in 2022, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $4,886 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,517 per ton), while the price for Lebanon ($3,452 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Witloff Chicory in Oman (FOB) - 2022

In 2022, the average export price for fresh or chilled witloff chicory amounted to $200 per ton, increasing by 17% against the previous year. Overall, the export price, however, continues to indicate a dramatic contraction. The export price peaked at $2,654 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -22.1% per year.

Imports of Fresh or Chilled Witloff Chicory in Oman

In 2022, approx. 332 kg of fresh or chilled witloff chicory were imported into Oman; waning by -31.1% against the year before. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 134% against the previous year.

In value terms, fresh or chilled witloff chicory imports fell rapidly to $1.6K in 2022. Overall, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 168% against the previous year.

Import of Fresh or Chilled Witloff Chicory in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom914286294582-14.0%
Qatar23517727551730.1%
Netherlands430248114189-24.0%
United Arab Emirates29490.065.0168-17.0%
Lebanon17869.074.0145-6.6%
LuxembourgN/AN/A816N/A0%
Others6,8704.07005.0-91.0%
Total8,9218742,3381,606-43.5%

Top Suppliers of Fresh or Chilled Witloff Chicory to Oman in 2022:

  1. United Kingdom (150.0 kg)
  2. Qatar (83.0 kg)
  3. Lebanon (42.0 kg)
  4. Netherlands (29.0 kg)
  5. United Arab Emirates (27.0 kg)

Exports of Fresh or Chilled Witloff Chicory in Oman

After three years of growth, shipments abroad of fresh or chilled witloff chicory decreased by -3.2% to 210 kg in 2022. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 7.4%.

In value terms, fresh or chilled witloff chicory exports totaled $42 in 2022. In general, exports showed a deep reduction.

Export of Fresh or Chilled Witloff Chicory in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates58.047.037.042.0-10.2%
OthersN/AN/AN/AN/A0%
Total58.047.037.042.0-10.2%

Top Export Markets for Fresh or Chilled Witloff Chicory from Oman in 2022:

  1. United Arab Emirates (210.0 kg)

Source: IndexBox Market Intelligence Platform

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