Report Update Feb 1, 2025

Puerto Rico - Chicory - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Chicory Market 2025

Chicory Market Size in Puerto Rico

In 2021, after three years of growth, there was significant decline in the Puerto Rican chicory market, when its value decreased by -6.1% to $X. In general, consumption, however, continues to indicate a deep setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Chicory Production in Puerto Rico

In value terms, chicory production dropped to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when the production volume increased by 38%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

In 2021, the average chicory yield in Puerto Rico stood at X tons per ha, standing approx. at 2020. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the yield increased by 0.8%. The global yield peaked at X tons per ha in 2015; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of chicory production in Puerto Rico amounted to X ha, remaining stable against 2020 figures. In general, the harvested area, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of 34% against the previous year. The global 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 by Country

In 2021, the Netherlands (X tons) represented the major exporter of chicory, constituting 46% of total exports. Hungary (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (14%), France (8.4%) and Poland (6.4%). India (X tons) took a relatively small 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, Hungary (+924.9%), Belgium (+345.0%), Poland (+53.4%), France (+29.0%) and India (+14.4%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +924.9% from 2012-2021. While the share of Hungary (+16 p.p.), Belgium (+14 p.p.), Poland (+5.5 p.p.), India (+4.3 p.p.) and France (+3.3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the Netherlands (-13.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X), Hungary ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021, together accounting for 83% of total exports.

Hungary, with a CAGR of +669.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Chicory Imports

Imports by Country

The purchases of the twelve major importers of chicory, namely Yemen, Russia, the United States, the UK, Germany, Italy, Switzerland, Hungary, Spain, Belgium, Vietnam and Taiwan (Chinese), represented more than two-thirds of total import. Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of +320.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chicory importing markets into Puerto Rico were Russia ($X), Spain ($X) and the UK ($X), together accounting for 27% of total imports. Switzerland, Taiwan (Chinese), Germany, Italy, the United States, Vietnam, Yemen, Belgium, Hungary and Brazil lagged somewhat behind, together comprising a further 47%.

Hungary, with a CAGR of +190.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. The third position in this ranking was occupied by France, 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, accounting for 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 Puerto Rico?

In value terms, Russia, Switzerland and Poland appeared to be the countries with the highest levels of imports in 2020, together comprising 38% of total imports. Germany, Yemen, Italy, the United States, Hungary, Belgium, Canada, Spain, Portugal and South Africa lagged somewhat behind, together accounting for a further 43%.

What are the leading importers of chicory from Puerto Rico?

In value terms, the Netherlands emerged as the largest chicory supplier from Puerto Rico, comprising 46% of global exports. The second position in the ranking was occupied by Belgium, with a 14% share of global exports. It was followed by Poland, with a 13% share.

What is the average export price for chicory in Puerto Rico?

In 2020, the chicory export price in Puerto Rico amounted to $less than 0.1 per ton, remaining stable against the previous year.

What is the average import price for chicory in Puerto Rico?

The chicory import price in Puerto Rico stood at $less than 0.1 per ton in 2020, stabilizing at the previous year.

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

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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