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

Contents:

1. Price for Vegetable Saps and Extracts; of Liquorice in Uzbekistan (FOB) - 2023
2. Price for Vegetable Saps and Extracts; of Liquorice in Uzbekistan (CIF) - 2022
3. Exports of Vegetable Saps and Extracts; of Liquorice in Uzbekistan
4. Imports of Vegetable Saps and Extracts; of Liquorice in Uzbekistan

Price for Vegetable Saps and Extracts; of Liquorice in Uzbekistan (FOB) - 2023

In October 2023, the average export price for vegetable saps and extracts; of liquorice amounted to $4,528 per ton, stabilizing at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in February 2023 an increase of 23% month-to-month. The export price peaked at $4,769 per ton in April 2023; however, from May 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($5,002 per ton), while the average price for exports to France ($3,263 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for vegetable saps and extracts; of liquorice stood at $3,500 per ton in 2022, waning by -46.2% against the previous year. Over the period under review, the import price continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure at $19,161 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,000 per ton), while the price for India amounted to $1,000 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+64.9%), while the prices for the other major suppliers experienced a decline.

Exports of Vegetable Saps and Extracts; of Liquorice in Uzbekistan

In 2022, shipments abroad of vegetable saps and extracts; of liquorice decreased by -46.7% to 2.4K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 7.3% against the previous year. As a result, the exports reached the peak of 6.3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vegetable saps and extracts; of liquorice reduced markedly to $24M in 2022. In general, exports saw a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year.

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

1. China (1447.2 tons)
2. France (536.4 tons)
3. Hong Kong SAR (182.0 tons)
4. United States (88.0 tons)
5. Israel (49.9 tons)
6. Japan (19.2 tons)
7. Tunisia (6.6 tons)

Imports of Vegetable Saps and Extracts; of Liquorice in Uzbekistan

In 2022, after two years of decline, there was decline in supplies from abroad of vegetable saps and extracts; of liquorice, when their volume decreased by 0% to 2 kg. In general, imports showed a sharp curtailment. The smallest decline of 99.9% was in 2020.

In value terms, imports of vegetable saps and extracts; of liquorice declined dramatically to $7 in 2022. Overall, imports continue to indicate a dramatic decline.

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

1. South Korea (1.0 kg)
2. India (1.0 kg)

Source: IndexBox Market Intelligence Platform