Price for Vegetable Saps and Extracts; of Liquorice in Colombia - 2022

Contents:

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

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

The average import price for vegetable saps and extracts; of liquorice stood at $32,673 per ton in 2022, waning by -1.7% against the previous year. In general, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2020 when the average import price increased by 78% against the previous year. Over the period under review, average import prices hit record highs at $33,239 per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($68,725 per ton), while the price for France ($19,653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Liquorice in Colombia

For the third year in a row, Colombia recorded decline in overseas purchases of vegetable saps and extracts; of liquorice, which decreased by -23.2% to 850 kg in 2022. Over the period under review, imports showed a sharp descent. The smallest decline of -7.6% was in 2021.

In value terms, imports of vegetable saps and extracts; of liquorice contracted markedly to $28K in 2022. Overall, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.

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

1. India (610.0 kg)
2. France (150.0 kg)
3. Switzerland (50.0 kg)
4. Argentina (40.0 kg)

Source: IndexBox Market Intelligence Platform