Benelux: Chicory Market 2025

Chicory Market Size in Benelux

In 2021, the Benelux chicory market decreased by -0.4% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Chicory Production in Benelux

In value terms, chicory production declined to $X in 2021 estimated in export price. Overall, production, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2017 with an increase of 140%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The country with the largest volume of chicory production was Belgium (X tons), accounting for 85% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), sixfold.

In Belgium, chicory production expanded at an average annual rate of +3.4% over the period from 2012-2021.

In 2021, the average yield of chicory in Benelux declined modestly to X tons per ha, remaining relatively unchanged against the previous year. The yield figure increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 when the yield increased by 12% against the previous year. The level of yield peaked at X tons per ha in 2020, and then fell modestly 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.

The chicory harvested area totaled X ha in 2021, approximately reflecting the previous year. The harvested area increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the harvested area increased by 17% against the previous year. Over the period under review, the harvested area dedicated to chicory production reached the maximum at X ha in 2015; however, from 2016 to 2021, the harvested area remained at a lower figure.

Chicory Exports

Exports in Benelux

In 2021, after two years of decline, there was significant growth in overseas shipments of chicory, when their volume increased by 34% to X tons. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 6,236%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, chicory exports soared to $X in 2021. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,351% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

The Netherlands represented the main exporter of chicory in Benelux, with the volume of exports amounting to X tons, which was approx. 77% of total exports in 2021. It was distantly followed by Belgium (X tons), making up a 23% share of total exports.

Exports from the Netherlands increased at an average annual rate of +18.5% from 2012 to 2021. At the same time, Belgium (+345.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +345.0% from 2012-2021. Belgium (+23 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -23.3% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest chicory supplier in Benelux, comprising 78% of total exports. The second position in the ranking was taken by Belgium ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +10.1%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, increasing by 2.7% against the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the export price increased by 58% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-7.1%).

Chicory Imports

Imports in Benelux

In 2021, after four years of growth, there was decline in purchases abroad of chicory, when their volume decreased by -0.6% to X tons. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 58% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, chicory imports skyrocketed to $X in 2021. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by 59% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium dominates imports structure, accounting for X tons, which was approx. 96% of total imports in 2021. The Netherlands (X tons) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the chicory imports, with a CAGR of +67.8% from 2012 to 2021. The Netherlands (-30.7%) illustrated a downward trend over the same period. Belgium (+95 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -95.2% from 2012 to 2021, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported chicory in Benelux, comprising 82% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium amounted to +50.1%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, picking up by 37% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%).

Source: IndexBox Platform