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

Contents:

1. Price for Vegetable Saps and Extracts; of Liquorice in Morocco (CIF) - 2022
2. Imports of Vegetable Saps and Extracts; of Liquorice in Morocco

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

The average import price for vegetable saps and extracts; of liquorice stood at $12,131 per ton in 2022, reducing by -14.7% against the previous year. In general, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs at $14,217 per ton in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($12,766 per ton), while the price for France amounted to $11,894 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Liquorice in Morocco

In 2022, supplies from abroad of vegetable saps and extracts; of liquorice was finally on the rise to reach 1.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a significant contraction.

In value terms, imports of vegetable saps and extracts; of liquorice reached $19K in 2022. In general, imports, however, faced a dramatic descent.

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

1. France (1175.0 kg)
2. Netherlands (350.0 kg)

Source: IndexBox Market Intelligence Platform