Price for Vegetable Saps and Extracts; of Liquorice in Sri Lanka - 2022
Contents:
- Price for Vegetable Saps and Extracts; of Liquorice in Sri Lanka (CIF) - 2022
- Imports of Vegetable Saps and Extracts; of Liquorice in Sri Lanka
Price for Vegetable Saps and Extracts; of Liquorice in Sri Lanka (CIF) - 2022
In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $22,425 per ton, which is down by -36.5% against the previous year. Over the period under review, the import price, however, posted a modest increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 114%. As a result, import price reached the peak level of $35,319 per ton, and then shrank rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,447 per ton), while the price for China ($16,120 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetable Saps and Extracts; of Liquorice in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of vegetable saps and extracts; of liquorice, when their volume decreased by -27.1% to 153 kg. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 209%. As a result, imports attained the peak of 210 kg, and then dropped remarkably in the following year.
In value terms, imports of vegetable saps and extracts; of liquorice shrank markedly to $3.4K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 562%. As a result, imports reached the peak of $7.4K, and then declined significantly in the following year.
Import of Vegetable Saps and Extracts; of Liquorice in Sri Lanka (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 60.0 | 357 | 826 | 2,248 | 234.6% |
China | N/A | N/A | 2,868 | 806 | -71.9% |
United Kingdom | 224 | N/A | N/A | 377 | 18.9% |
India | 7.0 | 38.0 | 48.0 | N/A | 161.9% |
Poland | N/A | 211 | N/A | N/A | 0% |
Others | 220 | 514 | 3,675 | N/A | 308.7% |
Total | 511 | 1,120 | 7,417 | 3,431 | 88.7% |
Top Suppliers of Vegetable Saps and Extracts; of Liquorice to Sri Lanka in 2022:
- Germany (85.0 kg)
- China (50.0 kg)
- United Kingdom (18.0 kg)
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