Price for Vegetable Saps and Extracts; of Liquorice in Uruguay - 2022

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

The average import price for vegetable saps and extracts; of liquorice stood at $14,280 per ton in 2022, with an increase of 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2020 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.5% per year.

Imports of Vegetable Saps and Extracts; of Liquorice in Uruguay

In 2022, approx. 9.6 tons of vegetable saps and extracts; of liquorice were imported into Uruguay; increasing by 111% on 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of vegetable saps and extracts; of liquorice surged to $137K in 2022. Overall, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.