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

Contents:

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

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

In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $7,174 per ton, standing approx. at the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 24%. The export price peaked at $9,930 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($12,552 per ton), while the average price for exports to New Zealand ($4,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for vegetable saps and extracts; of liquorice stood at $7,234 per ton in 2022, growing by 7.1% against the previous year. Overall, the import price, however, recorded a slight contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 60% against the previous year. The import price peaked at $9,804 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($7,246 per ton) and France ($7,235 per ton), while the price for India ($7,233 per ton) and Uzbekistan ($7,234 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vegetable Saps and Extracts; of Liquorice in Israel

In 2022, shipments abroad of vegetable saps and extracts; of liquorice decreased by -18.7% to 233 tons, falling for the second year in a row after two years of growth. In general, exports saw a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 0.8%. As a result, the exports reached the peak of 531 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vegetable saps and extracts; of liquorice dropped rapidly to $1.7M in 2022. Over the period under review, exports recorded a precipitous contraction.

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

1. New Zealand (64.8 tons)
2. Germany (63.6 tons)
3. United States (30.2 tons)
4. Czech Republic (21.6 tons)
5. Poland (14.7 tons)
6. Hong Kong SAR (12.4 tons)
7. France (12.1 tons)
8. Slovenia (4.9 tons)

Imports of Vegetable Saps and Extracts; of Liquorice in Israel

In 2022, after three years of growth, there was significant decline in supplies from abroad of vegetable saps and extracts; of liquorice, when their volume decreased by -55% to 57 tons. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 621%.

In value terms, imports of vegetable saps and extracts; of liquorice dropped rapidly to $415K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 559% against the previous year.

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

1. Uzbekistan (26.3 tons)
2. Turkey (19.2 tons)
3. United Kingdom (4.7 tons)
4. India (4.4 tons)
5. France (2.5 tons)

Source: IndexBox Market Intelligence Platform