Price for Vegetable Saps and Extracts; of Liquorice in Sweden - 2023
Contents:
- Price for Vegetable Saps and Extracts; of Liquorice in Sweden (CIF) - 2022
- Price for Vegetable Saps and Extracts; of Liquorice in Sweden (FOB) - 2022
- Imports of Vegetable Saps and Extracts; of Liquorice in Sweden
- Exports of Vegetable Saps and Extracts; of Liquorice in Sweden
Price for Vegetable Saps and Extracts; of Liquorice in Sweden (CIF) - 2022
The average import price for vegetable saps and extracts; of liquorice stood at $5,923 per ton in 2022, with a decrease of -24.5% against the previous year. Over the period under review, the import price saw a noticeable setback. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $9,294 per ton in 2013; however, from 2014 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 Denmark ($15,043 per ton), while the price for the United Arab Emirates ($538 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Saps and Extracts; of Liquorice in Sweden (FOB) - 2022
In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $14,171 per ton, dropping by -26% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 137% against the previous year. Over the period under review, the average export prices hit record highs at $19,137 per ton in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($18,359 per ton), while the average price for exports to Germany ($9,656 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Saps and Extracts; of Liquorice in Sweden
In 2022, imports of vegetable saps and extracts; of liquorice into Sweden soared to 121 tons, rising by 45% on the year before. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable saps and extracts; of liquorice rose notably to $715K in 2022. Over the period under review, imports showed a relatively flat trend pattern. 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 463 | 244 | 265 | 256 | -17.9% |
| France | 82.6 | 132 | 231 | 190 | 32.0% |
| Denmark | 69.0 | 86.6 | 91.9 | 129 | 23.2% |
| Netherlands | 44.4 | 8.7 | 12.1 | 56.5 | 8.4% |
| Iran | N/A | 116 | 12.0 | 26.1 | -52.6% |
| United Arab Emirates | N/A | N/A | N/A | 13.8 | 0% |
| Others | 48.1 | 14.5 | 41.4 | 43.7 | -3.1% |
| Total | 707 | 601 | 653 | 715 | 0.4% |
Top Suppliers of Vegetable Saps and Extracts; of Liquorice to Sweden in 2022:
- Germany (39.3 tons)
- France (30.9 tons)
- United Arab Emirates (25.6 tons)
- Netherlands (10.6 tons)
- Denmark (8.6 tons)
- Iran (4.1 tons)
Exports of Vegetable Saps and Extracts; of Liquorice in Sweden
In 2022, shipments abroad of vegetable saps and extracts; of liquorice decreased by -12.2% to 2 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 2.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vegetable saps and extracts; of liquorice dropped remarkably to $29K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 223% against the previous year.
| Export of Vegetable Saps and Extracts; of Liquorice in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 7.5 | 26.4 | 31.2 | 15.2 | 26.5% |
| United States | 0.1 | 0.2 | 0.4 | 6.1 | 293.6% |
| Germany | N/A | N/A | N/A | 3.6 | 0% |
| Denmark | 5.4 | 3.5 | 1.7 | 3.0 | -17.8% |
| United Kingdom | N/A | N/A | 5.4 | 0.3 | -94.4% |
| Finland | N/A | 9.5 | 4.1 | 0.2 | -85.5% |
| Others | 0.2 | 3.0 | 1.5 | 0.4 | 26.0% |
| Total | 13.2 | 42.6 | 44.4 | 28.8 | 29.7% |
Top Export Markets for Vegetable Saps and Extracts; of Liquorice from Sweden in 2022:
- Norway (830.0 kg)
- United States (606.0 kg)
- Germany (375.0 kg)
- Denmark (200.0 kg)
- Finland (10.0 kg)
- United Kingdom (6.0 kg)
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