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Discover how the global chicory market is expected to grow significantly over the next six years, driven by increasing demand. Market volume is projected to reach 723K tons and market value to hit $1B by the end of 2030.
During the review period, Chicory imports peaked at 374 tons in 2022 before decreasing the following year. In terms of value, Chicory imports significantly dropped to $399K in 2023.
Chicory imports reached their peak in 2023 and are projected to continue growing in the near future. The value of chicory imports skyrocketed to $1.5M in 2023.
Chicory exports reached a peak of 2.8K tons in 2019, but failed to regain momentum from 2020 to 2023. In value terms, Chicory exports amounted to $2.8M in 2023.
Chicory exports peaked at 2.8K tons in 2019, with a slight decrease from 2020 to 2023. In terms of value, chicory exports significantly increased to $2.8M in 2023.
In June 2023, chicory imports saw a remarkable 463% month-on-month growth, with a significant increase in value to $143K by September 2023.
Chicory witnessed a remarkable surge in its July 2023 exports, reaching a total value of $291K.
The price of chicory in April 2023 was $1,722 per ton (CIF, Germany), representing a 5.1% decrease compared to the previous month.
In April 2023, the chicory price amounted to $1,103 per ton (CIF, US), with a decrease of -12.8% against the previous month.
In January 2023, the chicory price amounted to $122 per ton (FOB, France), reducing by -45.5% against the previous month.
In October 2022, the chicory price amounted to $3,379 per ton (CIF, Spain), shrinking by -22.2% against the previous month.
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
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