Report Update Jan 1, 2025

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

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India: Chicory Market 2025

Chicory Market Size in India

In 2021, the Indian chicory market was finally on the rise to reach $X after three years of decline. Overall, consumption continues to indicate a deep contraction. Chicory consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Chicory Production in India

In value terms, chicory production expanded remarkably to $X in 2021 estimated in export price. In general, production saw a noticeable slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by 47% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Chicory Exports

Exports from India

In 2021, overseas shipments of chicory increased by 10% to X tons, rising for the third year in a row after three years of decline. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by 492%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, chicory exports reached $X in 2021. Overall, exports saw a prominent expansion. The pace of growth was the most pronounced in 2015 when exports increased by 608% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Hungary (X tons) was the main destination for chicory exports from India, accounting for a 33% share of total exports. Moreover, chicory exports to Hungary exceeded the volume sent to the second major destination, South Africa (X tons), threefold. Portugal (X tons) ranked third in terms of total exports with an 11% share.

From 2013 to 2021, the average annual growth rate of volume to Hungary totaled +27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+44.5% per year) and Portugal (+6.1% per year).

In value terms, Hungary ($X) remains the key foreign market for chicory exports from India, comprising 32% of total exports. The second position in the ranking was held by Belgium ($X), with a 12% share of total exports. It was followed by Portugal, with a 10% share.

From 2013 to 2021, the average annual rate of growth in terms of value to Hungary amounted to +29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+23.5% per year) and Portugal (+5.9% per year).

Export Prices by Country

In 2021, the average chicory export price amounted to $X per ton, which is down by -7.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Yemen ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chicory Imports

Imports into India

After two years of decline, overseas purchases of chicory decreased by 0% to X tons in 2021. In general, imports saw a deep slump. The smallest decline of 99.9% was in 2019. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, chicory imports amounted to $X in 2021. Over the period under review, imports saw buoyant growth. The smallest decline of 99.9% was in 2019. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Croatia (X tons) was the main chicory supplier to India, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Croatia stood at +32.0%.

In value terms, Croatia ($X) constituted the largest supplier of chicory to India.

From 2012 to 2021, the average annual growth rate of value from Croatia totaled +25.3%.

Import Prices by Country

The average chicory import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average import price decreased by 99.9%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Croatia.

From 2012 to 2021, the rate of growth in terms of prices for Croatia amounted to -5.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?

The country with the largest volume of chicory consumption was Belgium, accounting for 66% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands, sixfold. France ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of chicory in the world?

Belgium constituted the country with the largest volume of chicory production, comprising approx. 67% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands, sixfold. France ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of chicory to India?

In value terms, Croatia constituted the largest supplier of chicory to India.

What are the leading importers of chicory from India?

In value terms, Hungary, Portugal and Belgium constituted the largest markets for chicory exported from India worldwide, together accounting for 48% of total exports. Spain, Italy, South Africa and Latvia lagged somewhat behind, together comprising a further 29%.

What is the average export price for chicory in India?

The average chicory export price stood at $6,101 per ton in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for chicory in India?

The average chicory import price stood at $5,378 per ton in 2018, with an increase of 111% against the previous year.

This report provides an in-depth analysis of the chicory market in India. 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:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024