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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $10,957 per ton, jumping by 82% against the previous year. In general, the import price saw a measured expansion. Over the period under review, average import prices hit record highs at $11,301 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($19,448 per ton), while the price for Germany ($7,678 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetable Saps and Extracts; of Liquorice in Greece (FOB) - 2022

The average export price for vegetable saps and extracts; of liquorice stood at $1,704 per ton in 2022, waning by -10.2% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 233%. Over the period under review, the average export prices hit record highs at $17,994 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for Poland amounted to +169.4% per year.

Imports of Vegetable Saps and Extracts; of Liquorice in Greece

In 2022, approx. 253 kg of vegetable saps and extracts; of liquorice were imported into Greece; reducing by -97.7% against the year before. In general, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 6.8%.

In value terms, imports of vegetable saps and extracts; of liquorice declined sharply to $2.8K in 2022. Overall, imports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $65K, and then shrank significantly in the following year.

Import of Vegetable Saps and Extracts; of Liquorice in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany59.354.859.21.4-71.3%
Italy1.71.54.01.3-8.6%
NetherlandsN/AN/AN/A0.10%
OthersN/A0.51.9N/A280.0%
Total61.056.965.12.8-64.2%

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

  1. Germany (180.0 kg)
  2. Italy (67.0 kg)
  3. Netherlands (6.0 kg)

Exports of Vegetable Saps and Extracts; of Liquorice in Greece

In 2022, approx. 115 kg of vegetable saps and extracts; of liquorice were exported from Greece; which is down by -91.8% compared with 2021. Over the period under review, exports showed a sharp decline. The smallest decline of -61.1% was in 2021.

In value terms, exports of vegetable saps and extracts; of liquorice fell rapidly to $196 in 2022. Overall, exports showed a precipitous contraction. The smallest decline of -74.1% was in 2021.

Export of Vegetable Saps and Extracts; of Liquorice in Greece (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands10.22.60.2-86.0%
OthersN/AN/AN/A0%
Total10.22.60.2-86.0%

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

  1. Netherlands (115.0 kg)

Source: IndexBox Market Intelligence Platform

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