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Report World - Chicory - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Global Chicory Market 2024

Chicory Market Size

The global chicory market rose modestly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a noticeable slump. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Chicory Production

In value terms, chicory production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Belgium (X tons) remains the largest chicory producing country worldwide, comprising approx. X% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, France (X tons), more than tenfold. The third position in this ranking was held by Poland (X tons), with a X% share.

In Belgium, chicory production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: France (X% per year) and Poland (X% per year).

In 2022, the global average chicory yield amounted to X tons per ha, standing approx. at 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. The global yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of chicory were harvested worldwide; approximately mirroring the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the harvested area dedicated to chicory production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

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Chicory Exports

Exports

In 2022, the amount of chicory exported worldwide fell to X tons, waning by X% against the previous year's figure. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the global exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, chicory exports fell to $X in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The biggest shipments were from Belgium (X tons), France (X tons), Poland (X tons), Hungary (X tons) and India (X tons), together accounting for X% of total export. The Netherlands (X tons) and Germany (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Hungary ($X) emerged as the largest chicory supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Belgium ($X), with an X% share of global exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Hungary stood at X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Poland (X% per year).

Export Prices by Country

The average chicory export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced a decline in the export price figures.

Chicory Imports

Imports

In 2022, approx. X tons of chicory were imported worldwide; with an increase of X% on the previous year's figure. Overall, imports recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, chicory imports surged to $X in 2022. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Yemen (X tons) and the United States (X tons) represented roughly X% of total imports in 2022. Switzerland (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Russia (X%), Germany (X%), Hungary (X%) and the Netherlands (X%). The UK (X tons), Italy (X tons), Belgium (X tons), Australia (X tons) and Canada (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Switzerland ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of global imports. The Netherlands, Germany, Italy, Russia, Yemen, Australia, Hungary, the UK, Belgium and Canada lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average chicory import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chicory import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Global import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of chicory consumption was Belgium, comprising approx. 77% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, France, more than tenfold. The third position in this ranking was taken by Poland, with a 3.7% share.
Belgium constituted the country with the largest volume of chicory production, accounting for 77% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, France, more than tenfold. The third position in this ranking was taken by Poland, with a 4.3% share.
In value terms, Hungary emerged as the largest chicory supplier worldwide, comprising 40% of global exports. The second position in the ranking was held by Belgium, with an 18% share of global exports. It was followed by Poland, with a 13% share.
In value terms, Spain, the United States and Switzerland constituted the countries with the highest levels of imports in 2022, with a combined 33% share of global imports. The Netherlands, Germany, Italy, Russia, Yemen, Australia, Hungary, the UK, Belgium and Canada lagged somewhat behind, together accounting for a further 40%.
The average chicory export price stood at $1,441 per ton in 2022, falling by -4.8% against the previous year.
In 2022, the average chicory import price amounted to $1,399 per ton, surging by 15% against the previous year.

This report provides an in-depth analysis of the global chicory market. 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 2030.

Product coverage:

  • FCL 459 - Chicory roots

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Cosucra Groupe Warcoing, Delecto Foods Pvt Ltd, BENEO GmbH, Sensus, Leroux, Cargill Incorporated, Reily Foods Company, Pioneer Chicory, PMV Nutrient Products Pvt Ltd, Farmvilla Food Industries Pvt Ltd, Murlikrishna Foods Pvt Ltd, Starwest Botanicals, STOKROS Company Ltd, Nature’s Gold Production, Organic Herb Trading Co, Narasu’s Coffee Company, NP Nutra, Shaanxi Sciphar Natural Product Co Ltd., Jamnagar Chicory Industries, and Herbs & Crops Overseas

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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