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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $12,938 per ton, with an increase of 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $14,422 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($30,095 per ton), while the price for Germany ($11,866 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 (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $20,308 per ton, dropping by -34% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs at $30,782 per ton in 2021, and then declined markedly in the following year.

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 Spain ($76,725 per ton), while the average price for exports to Luxembourg ($13,340 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 Germany (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Liquorice in Switzerland

After two years of decline, overseas purchases of vegetable saps and extracts; of liquorice increased by 6.8% to 28 tons in 2022. Over the period under review, imports, however, faced a abrupt curtailment.

In value terms, imports of vegetable saps and extracts; of liquorice surged to $365K in 2022. Overall, imports, however, showed a deep setback.

Import of Vegetable Saps and Extracts; of Liquorice in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1901331332235.5%
Germany15911175.985.9-18.6%
Italy3.31.71.821.987.9%
Israel139N/AN/AN/A0%
Others87.655.480.834.5-26.7%
Total579302292365-14.3%

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

  1. France (18.1 tons)
  2. Germany (7.2 tons)
  3. Italy (1.6 tons)

Exports of Vegetable Saps and Extracts; of Liquorice in Switzerland

In 2022, after two years of decline, there was significant growth in shipments abroad of vegetable saps and extracts; of liquorice, when their volume increased by 93% to 4.4 tons. Over the period under review, exports, however, showed a deep setback.

In value terms, exports of vegetable saps and extracts; of liquorice surged to $90K in 2022. In general, exports, however, saw a deep slump.

Export of Vegetable Saps and Extracts; of Liquorice in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.20.10.244.6506.4%
Germany18.014.822.019.22.2%
Spain5.80.91.29.216.6%
Vietnam0.40.20.96.8157.1%
Luxembourg0.40.3N/A1.348.1%
Indonesia12.912.40.41.2-54.7%
Thailand35.712.90.60.6-74.4%
China11.80.4N/A0.2-74.3%
Nicaragua7.13.4N/AN/A-52.1%
India7.8N/AN/AN/A0%
United Arab Emirates14.315.614.1N/A-0.7%
Mexico12.2N/A0.9N/A-72.8%
Italy10.8N/AN/AN/A0%
Others20.520.430.26.6-31.5%
Total15881.470.689.7-17.2%

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

  1. France (2356.0 kg)
  2. Germany (1170.0 kg)
  3. Vietnam (400.0 kg)
  4. Spain (120.0 kg)
  5. Luxembourg (100.0 kg)
  6. Indonesia (35.0 kg)
  7. Thailand (15.0 kg)
  8. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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