Price for Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates - 2022
Contents:
- Price for Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates (FOB) - 2022
- Price for Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates (CIF) - 2022
- Exports of Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates
- Imports of Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates
Price for Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $4,926 per ton, dropping by -7.1% against the previous year. Overall, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 8.3% against the previous year. The export price peaked at $7,884 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($5,419 per ton), while the average price for exports to China totaled $4,712 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.3%).
Price for Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $3,162 per ton, jumping by 29% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The import price peaked at $5,585 per ton in 2012; however, from 2013 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 Turkmenistan ($4,497 per ton), while the price for Syrian Arab Republic ($1,180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (-0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates
In 2022, shipments abroad of vegetable saps and extracts; of liquorice increased by 502% to 3.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant increase. 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 surged to $19M in 2022. Over the period under review, 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 the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 5.4 | 1.2 | 12.7 | 19.2% |
| Serbia | N/A | N/A | N/A | 6.5 | 0% |
| France | 3.1 | 3.8 | 2.0 | N/A | -19.7% |
| Others | 0.2 | 0.6 | 0.3 | 0.2 | 0.0% |
| Total | 10.8 | 9.8 | 3.5 | 19.4 | 21.6% |
Top Export Markets for Vegetable Saps and Extracts; of Liquorice from the United Arab Emirates in 2022:
- China (2.7K tons)
- Serbia (1.2K tons)
Imports of Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates
In 2022, imports of vegetable saps and extracts; of liquorice into the United Arab Emirates dropped rapidly to 1K tons, reducing by -47.3% compared with 2021 figures. In general, imports saw a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 16%.
In value terms, imports of vegetable saps and extracts; of liquorice fell rapidly to $3.2M in 2022. Over the period under review, imports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 20%.
| Import of Vegetable Saps and Extracts; of Liquorice in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1,160 | 584 | 1,623 | 1,722 | 14.1% |
| Turkmenistan | 1,517 | 2,414 | 1,900 | 1,012 | -12.6% |
| China | 1,772 | 150 | 288 | 91.1 | -62.8% |
| Syrian Arab Republic | 2.1 | 4.0 | 19.8 | 27.0 | 134.3% |
| Ireland | 1,931 | N/A | N/A | N/A | 0% |
| Azerbaijan | N/A | N/A | 407 | N/A | 0% |
| Iran | 1,059 | 746 | 298 | N/A | -47.0% |
| Others | 817 | 19.3 | 165 | 333 | -25.9% |
| Total | 8,258 | 3,918 | 4,700 | 3,185 | -27.2% |
Top Suppliers of Vegetable Saps and Extracts; of Liquorice to the United Arab Emirates in 2022:
- Uzbekistan (708.2 tons)
- Turkmenistan (225.0 tons)
- China (25.7 tons)
- Syrian Arab Republic (22.9 tons)
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