Price for Vegetable Saps and Extracts; of Liquorice in Lithuania - 2023
Contents:
- Price for Vegetable Saps and Extracts; of Liquorice in Lithuania (CIF) - 2022
- Price for Vegetable Saps and Extracts; of Liquorice in Lithuania (FOB) - 2022
- Imports of Vegetable Saps and Extracts; of Liquorice in Lithuania
- Exports of Vegetable Saps and Extracts; of Liquorice in Lithuania
Price for Vegetable Saps and Extracts; of Liquorice in Lithuania (CIF) - 2022
In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $10,171 per ton, growing by 35% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The import price peaked at $15,242 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 the United States ($19,200 per ton), while the price for Germany ($6,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Saps and Extracts; of Liquorice in Lithuania (FOB) - 2022
The average export price for vegetable saps and extracts; of liquorice stood at $11,719 per ton in 2022, with an increase of 184% against the previous year. Overall, the export price continues to indicate perceptible growth. The export price peaked at $13,141 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($11,845 per ton), while the average price for exports to Latvia totaled $3,741 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.3%).
Imports of Vegetable Saps and Extracts; of Liquorice in Lithuania
In 2022, overseas purchases of vegetable saps and extracts; of liquorice increased by 5,803% to 124 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable saps and extracts; of liquorice skyrocketed to $1.3M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Vegetable Saps and Extracts; of Liquorice in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 170 | 13.2 | N/A | 1,211 | 92.4% |
Germany | 13.0 | 20.1 | 13.4 | 15.4 | 5.8% |
Israel | 295 | N/A | N/A | N/A | 0% |
Others | 7.1 | 3.3 | 2.4 | 35.8 | 71.5% |
Total | 485 | 36.6 | 15.8 | 1,263 | 37.6% |
Top Suppliers of Vegetable Saps and Extracts; of Liquorice to Lithuania in 2022:
- France (121.1 tons)
- Germany (2.3 tons)
Exports of Vegetable Saps and Extracts; of Liquorice in Lithuania
In 2022, approx. 104 tons of vegetable saps and extracts; of liquorice were exported from Lithuania; growing by 5,392% compared with 2021 figures. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable saps and extracts; of liquorice soared to $1.2M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Vegetable Saps and Extracts; of Liquorice in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | 0.2 | 0.5 | 1,211 | 7681.4% |
Latvia | 0.8 | 7.5 | 7.3 | 6.2 | 97.9% |
Switzerland | 23.3 | N/A | N/A | N/A | 0% |
Poland | 36.0 | N/A | N/A | N/A | 0% |
Others | 2.0 | N/A | N/A | 0.2 | -53.6% |
Total | 62.2 | 7.8 | 7.8 | 1,218 | 169.5% |
Top Export Markets for Vegetable Saps and Extracts; of Liquorice from Lithuania in 2022:
- Russia (102.3 tons)
- Latvia (1.6 tons)
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