Price for Vegetable Saps and Extracts; of Liquorice in Germany - 2023
Contents:
- Price for Vegetable Saps and Extracts; of Liquorice in Germany (CIF) - 2022
- Price for Vegetable Saps and Extracts; of Liquorice in Germany (FOB) - 2023
- Imports of Vegetable Saps and Extracts; of Liquorice in Germany
- Exports of Vegetable Saps and Extracts; of Liquorice in Germany
Price for Vegetable Saps and Extracts; of Liquorice in Germany (CIF) - 2022
The average import price for vegetable saps and extracts; of liquorice stood at $5,153 per ton in 2022, reducing by -5% against the previous year. In general, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 12%. The import price peaked at $8,336 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($8,449 per ton), while the price for Iran ($4,352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Saps and Extracts; of Liquorice in Germany (FOB) - 2023
In October 2023, the average export price for vegetable saps and extracts; of liquorice amounted to $8,793 per ton, with an increase of 23% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in August 2023 an increase of 29% month-to-month. The export price peaked in October 2023.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Singapore ($14,169 per ton), while the average price for exports to Indonesia ($5,656 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 Singapore (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Saps and Extracts; of Liquorice in Germany
In 2022, the amount of vegetable saps and extracts; of liquorice imported into Germany declined dramatically to 3.5K tons, with a decrease of -15.1% compared with 2021 figures. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 1.4%.
In value terms, imports of vegetable saps and extracts; of liquorice shrank notably to $18M in 2022. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 0.1% against the previous year.
| Import of Vegetable Saps and Extracts; of Liquorice in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 14.8 | 14.1 | 13.6 | 11.9 | -7.0% |
| France | 1.0 | 2.2 | 4.7 | 3.5 | 51.8% |
| Israel | 0.4 | 0.6 | 0.7 | 0.6 | 14.5% |
| Italy | 1.6 | 1.0 | 1.3 | 0.6 | -27.9% |
| China | 2.2 | 1.4 | 0.6 | 0.3 | -48.5% |
| United States | 5.5 | 1.4 | 0.2 | 0.1 | -73.7% |
| Others | 1.2 | 1.7 | 1.2 | 1.0 | -5.9% |
| Total | 26.7 | 22.3 | 22.4 | 18.0 | -12.3% |
Top Suppliers of Vegetable Saps and Extracts; of Liquorice to Germany in 2022:
- Iran (2728.6 tons)
- France (446.3 tons)
- Italy (84.5 tons)
- Israel (71.7 tons)
- China (36.9 tons)
- United States (18.6 tons)
Exports of Vegetable Saps and Extracts; of Liquorice in Germany
In 2022, approx. 2.3K tons of vegetable saps and extracts; of liquorice were exported from Germany; waning by -11.6% compared with the year before. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1% against the previous year.
In value terms, exports of vegetable saps and extracts; of liquorice contracted notably to $14M in 2022. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1.6% against the previous year.
| Export of Vegetable Saps and Extracts; of Liquorice in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.0 | 4.0 | 4.4 | 3.1 | -14.7% |
| Denmark | 2.2 | 2.1 | 2.6 | 1.9 | -4.8% |
| Italy | 2.0 | 2.2 | 1.8 | 1.5 | -9.1% |
| Austria | 1.6 | 2.5 | 2.0 | 1.3 | -6.7% |
| Finland | 0.3 | 0.3 | 0.6 | 1.3 | 63.0% |
| Slovakia | 1.2 | 1.4 | 1.2 | 1.0 | -5.9% |
| Poland | 0.8 | 0.6 | 0.7 | 0.7 | -4.4% |
| Singapore | 0.5 | 0.5 | 0.7 | 0.6 | 6.3% |
| Spain | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
| Indonesia | 0.7 | 0.4 | 0.3 | 0.3 | -24.6% |
| Sweden | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Others | 3.7 | 2.5 | 2.7 | 1.9 | -19.9% |
| Total | 18.7 | 17.6 | 17.9 | 14.3 | -8.6% |
Top Export Markets for Vegetable Saps and Extracts; of Liquorice from Germany in 2022:
- Netherlands (566.9 tons)
- Denmark (299.3 tons)
- Finland (238.2 tons)
- Italy (224.3 tons)
- Austria (214.2 tons)
- Slovakia (198.5 tons)
- Poland (98.4 tons)
- Singapore (96.5 tons)
- Indonesia (70.0 tons)
- Spain (69.1 tons)
- Sweden (46.2 tons)
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