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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $10,700 per ton, falling by -11.5% against the previous year. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2019 an increase of 14% against the previous year. Over the period under review, average import prices attained the peak figure at $15,533 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 France ($20,594 per ton), while the price for China ($7,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Vegetable Saps and Extracts; of Liquorice in Argentina

In 2022, the amount of vegetable saps and extracts; of liquorice imported into Argentina soared to 16 tons, rising by 19% compared with 2021. In general, imports, however, faced a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 24%.

In value terms, imports of vegetable saps and extracts; of liquorice expanded notably to $167K in 2022. Overall, imports, however, recorded a sharp shrinkage.

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

1. Iran (6.5 tons)
2. China (6.4 tons)
3. France (2.6 tons)

Source: IndexBox Market Intelligence Platform