Africa: Chicory Market 2024

Chicory Market Size in Africa

The African chicory market shrank to $X in 2022, which is down by -5.3% against the previous year. In general, consumption recorded a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Chicory Production in Africa

In value terms, chicory production reduced to $X in 2022 estimated in export price. In general, production showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 95%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

South Africa (X tons) constituted the country with the largest volume of chicory production, comprising approx. 95% of total volume. It was followed by Sudan (X tons), with a 2.9% share of total production.

In South Africa, chicory production shrank by an average annual rate of -8.2% over the period from 2012-2022.

In 2022, the average yield of chicory in Africa contracted to X tons per ha, stabilizing at the previous year's figure. The yield indicated a mild increase from 2012 to 2022: its figure increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chicory yield increased by +4.2% against 2018 indices. The growth pace was the most rapid in 2015 when the yield increased by 130%. Over the period under review, the chicory yield hit record highs at X tons per ha in 2021, and then declined slightly in the following year. 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 in Africa; which is down by -4.6% compared with 2021 figures. Overall, the harvested area saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 97%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Chicory Exports

Exports in Africa

In 2022, the amount of chicory exported in Africa soared to X tons, jumping by 18% against the previous year. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 199%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, chicory exports rose notably to $X in 2022. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2014 when exports increased by 281%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Sudan (X tons) represented the key exporter of chicory, comprising 62% of total exports. It was distantly followed by South Africa (X tons), committing a 37% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by South Africa (with a CAGR of +54.1%).

In value terms, Sudan ($X) and South Africa ($X) were the countries with the highest levels of exports in 2022.

South Africa, with a CAGR of +48.1%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by -7.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 32% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while South Africa amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (-0.0%).

Chicory Imports

Imports in Africa

In 2022, overseas purchases of chicory decreased by -96% to X tons, falling for the fifth consecutive year after three years of growth. In general, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2015 when imports increased by 498% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, chicory imports dropped dramatically to $X in 2022. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 483%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Namibia (X tons) represented the largest importer of chicory, constituting 46% of total imports. Lesotho (X kg) took a 29% share (based on physical terms) of total imports, which put it in second place, followed by Tanzania (12%) and Morocco (9%). South Africa (X kg) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Morocco (with a CAGR of +13,266.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported chicory in Africa, comprising 66% of total imports. The second position in the ranking was taken by Morocco ($X), with a 14% share of total imports. It was followed by Namibia, with a 9.2% share.

In South Africa, chicory imports shrank by an average annual rate of -10.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (+18,836.4% per year) and Namibia (+32.3% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, jumping by 662% against the previous year. Overall, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+67.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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