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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $10,547 per ton, increasing by 12% against the previous year. Overall, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 42%. The import price peaked at $12,421 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($10,455 per ton), while the price for Germany stood at $9,510 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for vegetable saps and extracts; of liquorice stood at $30,126 per ton in 2022, with an increase of 155% against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 1,076%. As a result, the export price attained the peak level of $189,550 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($74,000 per ton), while the average price for exports to the United States stood at $29,394 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.3%).

Imports of Vegetable Saps and Extracts; of Liquorice in Slovenia

In 2022, supplies from abroad of vegetable saps and extracts; of liquorice decreased by -16.5% to 3.2 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, imports attained the peak of 4.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vegetable saps and extracts; of liquorice declined to $34K in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 40%. As a result, imports attained the peak of $44K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. France (3.0 tons)
2. Germany (0.2 tons)

Exports of Vegetable Saps and Extracts; of Liquorice in Slovenia

In 2022, after three years of growth, there was significant decline in overseas shipments of vegetable saps and extracts; of liquorice, when their volume decreased by -39% to 183 kg. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 200%. As a result, the exports reached the peak of 300 kg, and then contracted remarkably in the following year.

In value terms, exports of vegetable saps and extracts; of liquorice skyrocketed to $5.5K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

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

1. United States (180.0 kg)
2. Serbia (3.0 kg)

Source: IndexBox Market Intelligence Platform