What is the price of chicory roots per kilogram/pound in Lebanon today?
The retail price range for Lebanon chicory roots is between US$ 3.33 and US$ 4.59 per kilogram or between US$ 1.51 and US$ 2.08 per pound(lb). Click here to see today's exact prices of chicory roots in Lebanon
The retail price range in Lebanese Pound for chicory roots is between LBP 50,521.59 and LBP 69,558.71 per kilogram or between LBP 22,912.29 and LBP 31,545.90 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon chicory roots is between US$ 2.33 and US$ 3.21 per kilogram or between US$ 1.06 and US$ 1.46 per pound(lb).
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Lebanon Chicory Roots Export Prices - Historical, Trends and Prediction
The export price per kilogram of Chicory roots from Lebanon over the last five years has been quite varied. In 2017, the price was 2.12 US$ per kg, followed by a significant increase to 4.99 US$ per kg in 2018. In 2019, the price dropped to 2.90 US$ per kg, before rising again to 6.39 US$ per kg in 2020. The highest price was recorded in 2021, at 8.65 US$ per kg. Based on this data, it is likely that the export price of Chicory roots from Lebanon will continue to increase in the coming years, with an estimated price of around 9.50 US$ per kg in 2023 and 10.50 US$ per kg in 2024.Lebanon Chicory Roots Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chicory roots into Lebanon has been quite volatile over the past five years. In 2016, the price was 2.35 US dollars per kg, followed by a decrease to 2.12 US dollars per kg in 2017. In 2018, the price increased to 4.99 US dollars per kg, before dropping to 2.90 US dollars per kg in 2019. In 2020, the price rose again to 6.39 US dollars per kg, and then to 8.65 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Chicory roots into Lebanon will be 10.87 US dollars per kg in 2023 and 13.09 US dollars per kg in 2024.Export values for Lebanon chicory roots
The total values in export for chicory roots in Lebanon were US$ 345, US$ 548, US$ 1,342 and US$ 823 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Lebanon: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Ginseng roots & Cocoyam.
See prices of chicory roots in other countries across Middle East: Bahrain chicory roots, Cyprus chicory roots, Iraq chicory roots, Israel chicory roots, Jordan chicory roots, Kuwait chicory roots, Lebanon chicory roots, Palestine chicory roots, Oman chicory roots & Qatar chicory roots.
Lebanon chicory roots - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon exported 284 tonnes of chicory roots. In 2019 alone, the demand for Lebanon chicory roots (tubers category) has surged, changing by 5.576 per cent compared to the year 2018. Between 2017 and 2019, chicory roots' exports increased by 10.08 pc earning the nation US$0.82m for the year 2019. Lebanon's chicory roots exports are categorised as:
- Chicory roots, fresh, chilled, frozen or dried, whether or not ground (HS code 121294)
- Fruit stones and kernels and other vegetable products, incl. unroasted chicory roots of the variety cichorium intybus sativum, of a kind used primarily for human consumption, n.e.s. (HS code 121299)
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Lebanon chicory roots export values
In 2019, Lebanon shipped chicory roots with a value of 0.82m USD, a contraction of -38.90% from 2018's total chicory roots export of 1.342m USD. The annual reduction in value of Lebanon chicory roots between 2017 to 2018 was 144.891%.
The per year change in the volume of Lebanon's chicory roots exports between 2017 and 2019 was 10.08 pc when compared to a variation of 5.576% in the growth rate between 2018 and 2019.
Export markets for Lebanon chicory roots ( in '000$ )
Lebanon brought in 20 tonnes of chicory roots in 2019.