Eastern Europe: Chicory Market 2025

Chicory Market Size in Eastern Europe

In 2021, the East European chicory market increased by 3.3% to $X, rising for the second year in a row after four years of decline. In general, consumption, however, showed a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Chicory Production in Eastern Europe

In value terms, chicory production shrank to $X in 2021 estimated in export price. In general, production, however, faced a deep contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 53%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The country with the largest volume of chicory production was Poland (X tons), comprising approx. 81% of total volume. Moreover, chicory production in Poland exceeded the figures recorded by the second-largest producer, Ukraine (X tons), sevenfold.

In Poland, chicory production remained relatively stable over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Ukraine (+0.3% per year) and Hungary (+34.7% per year).

In 2021, the average chicory yield in Eastern Europe expanded notably to X tons per ha, with an increase of 5.3% on the previous year's figure. The yield indicated a remarkable increase from 2012 to 2021: its figure increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chicory yield increased by +34.8% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 51%. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the chicory harvested area in Eastern Europe stood at X ha, picking up by 3.2% compared with 2020. In general, the harvested area, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 30% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Chicory Exports

Exports in Eastern Europe

In 2021, approx. X tons of chicory were exported in Eastern Europe; growing by 46% compared with the previous year. In general, exports recorded a significant increase. The growth pace was the most rapid in 2013 when exports increased by 1,094% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, chicory exports soared to $X in 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 409% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Hungary represented the major exporter of chicory in Eastern Europe, with the volume of exports recording X tons, which was approx. 70% of total exports in 2021. It was distantly followed by Poland (X tons), making up a 28% share of total exports.

Hungary was also the fastest-growing in terms of the chicory exports, with a CAGR of +924.9% from 2012 to 2021. At the same time, Poland (+53.4%) displayed positive paces of growth. Hungary (+70 p.p.) and Poland (+8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) emerged as the largest chicory supplier in Eastern Europe, comprising 90% of total exports. The second position in the ranking was taken by Poland ($X), with an 8.9% share of total exports.

In Hungary, chicory exports increased at an average annual rate of +669.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, surging by 216% against the previous year. In general, the export price continues to indicate a mild expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per ton), while Poland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-4.4%).

Chicory Imports

Imports in Eastern Europe

For the fourth consecutive year, Eastern Europe recorded growth in purchases abroad of chicory, which increased by 1.6% to X tons in 2021. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 126%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, chicory imports reduced modestly to $X in 2021. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 67%. Over the period under review, imports hit record highs at $X in 2020, and then dropped modestly in the following year.

Imports by Country

Russia was the key importing country with an import of around X tons, which reached 63% of total imports. Hungary (X tons) ranks second in terms of the total imports with a 25% share, followed by Poland (5.9%). The Czech Republic (X tons) and Latvia (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +18.0% from 2012 to 2021. At the same time, Hungary (+320.0%), Latvia (+60.6%), the Czech Republic (+21.9%) and Poland (+11.7%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +320.0% from 2012-2021. From 2012 to 2021, the share of Hungary, the Czech Republic and Latvia increased by +25, +4.3 and +1.8 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported chicory in Eastern Europe, comprising 55% of total imports. The second position in the ranking was taken by Poland ($X), with a 20% share of total imports. It was followed by Hungary, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +16.6%. In the other countries, the average annual rates were as follows: Poland (+20.8% per year) and Hungary (+190.4% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, which is down by -3.6% against the previous year. Over the period under review, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2020 an increase of 33%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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