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

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $6,676 per ton, picking up by 115% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,741 per ton), while the price for France stood at $2,374 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%).

Imports of Vegetable Saps and Extracts; of Liquorice in Algeria

In 2022, purchases abroad of vegetable saps and extracts; of liquorice decreased by -48.5% to 27 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 131% against the previous year.

In value terms, imports of vegetable saps and extracts; of liquorice rose sharply to $179K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 157% against the previous year. As a result, imports reached the peak of $197K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.