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

Contents:

  1. Price for Vegetable Saps and Extracts; of Liquorice in Lithuania (CIF) - 2022
  2. Price for Vegetable Saps and Extracts; of Liquorice in Lithuania (FOB) - 2022
  3. Imports of Vegetable Saps and Extracts; of Liquorice in Lithuania
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
France17013.2N/A1,21192.4%
Germany13.020.113.415.45.8%
Israel295N/AN/AN/A0%
Others7.13.32.435.871.5%
Total48536.615.81,26337.6%

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

  1. France (121.1 tons)
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A0.20.51,2117681.4%
Latvia0.87.57.36.297.9%
Switzerland23.3N/AN/AN/A0%
Poland36.0N/AN/AN/A0%
Others2.0N/AN/A0.2-53.6%
Total62.27.87.81,218169.5%

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

  1. Russia (102.3 tons)
  2. Latvia (1.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetable saps and extracts; of liquorice - Lithuania