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

Contents:

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

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

The average import price for vegetable saps and extracts; of liquorice stood at $17,340 per ton in 2022, picking up by 421% against the previous year. Overall, the import price enjoyed buoyant growth. Over the period under review, average import prices hit record highs at $23,424 per ton in 2016; however, from 2017 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 the United States ($71,340 per ton), while the price for India ($2,037 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $8,800 per ton, which is down by -12% against the previous year. Overall, the export price saw a deep slump. Over the period under review, the average export prices reached the peak figure at $10,000 per ton in 2021, and then fell in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for France amounted to 0.0% per year.

Imports of Vegetable Saps and Extracts; of Liquorice in Bahrain

In 2022, the amount of vegetable saps and extracts; of liquorice imported into Bahrain soared to 970 kg, rising by 45% against the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,236% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of vegetable saps and extracts; of liquorice soared to $17K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,215% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Syrian Arab Republic (411.0 kg)
2. India (350.0 kg)
3. United States (209.0 kg)

Exports of Vegetable Saps and Extracts; of Liquorice in Bahrain

In 2022, approx. 5 kg of vegetable saps and extracts; of liquorice were exported from Bahrain; dropping by -44.4% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous descent.

In value terms, exports of vegetable saps and extracts; of liquorice reduced sharply to $44 in 2022. Overall, exports showed a sharp descent.

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

1. France (2.0 kg)

Source: IndexBox Market Intelligence Platform