Price for Vegetable Saps and Extracts; of Liquorice in Ireland - 2023

Contents:

1. Price for Vegetable Saps and Extracts; of Liquorice in Ireland (CIF) - 2022
2. Price for Vegetable Saps and Extracts; of Liquorice in Ireland (FOB) - 2022
3. Imports of Vegetable Saps and Extracts; of Liquorice in Ireland
4. Exports of Vegetable Saps and Extracts; of Liquorice in Ireland

Price for Vegetable Saps and Extracts; of Liquorice in Ireland (CIF) - 2022

The average import price for vegetable saps and extracts; of liquorice stood at $2,472 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 14%. The import price peaked at $2,787 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($5,797 per ton), while the price for the UK ($2,235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+153.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetable Saps and Extracts; of Liquorice in Ireland (FOB) - 2022

The average export price for vegetable saps and extracts; of liquorice stood at $10,059 per ton in 2020, surging by 115% against the previous year. Overall, the export price, however, saw a deep setback. Over the period under review, the average export prices attained the maximum at $21,909 per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2020, the rate of growth in terms of prices for the UK amounted to -29.9% per year.

Imports of Vegetable Saps and Extracts; of Liquorice in Ireland

In 2022, imports of vegetable saps and extracts; of liquorice into Ireland surged to 288 tons, jumping by 2,079% compared with 2021. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable saps and extracts; of liquorice surged to $712K in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Vegetable Saps and Extracts; of Liquorice to Ireland in 2022:

1. United States (277.9 tons)
2. Switzerland (7.6 tons)

Exports of Vegetable Saps and Extracts; of Liquorice in Ireland

Exports of vegetable saps and extracts; of liquorice from Ireland fell significantly to 540 kg in 2020, declining by -92.3% on the previous year. Over the period under review, exports saw a precipitous setback.

In value terms, exports of vegetable saps and extracts; of liquorice fell markedly to $5.4K in 2020. In general, exports continue to indicate a sharp curtailment.

Top Export Markets for Vegetable Saps and Extracts; of Liquorice from Ireland in 2022:

1. United States (540.0 kg)

Source: IndexBox Market Intelligence Platform