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

Contents:

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

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

The average export price for vegetable saps and extracts; of liquorice stood at $7,845 per ton in 2022, shrinking by -8.5% against the previous year. In general, the export price showed a mild downturn. The growth pace was the most rapid in 2013 an increase of 16%. Over the period under review, the average export prices reached the maximum at $11,122 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($16,374 per ton), while the average price for exports to the United States ($6,683 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 Spain (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for vegetable saps and extracts; of liquorice stood at $5,017 per ton in 2022, waning by -3% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2018 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $9,713 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,633 per ton), while the price for the Czech Republic ($1,376 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 Arab Emirates (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Vegetable Saps and Extracts; of Liquorice in France

For the fourth consecutive year, France recorded growth in shipments abroad of vegetable saps and extracts; of liquorice, which increased by 9% to 4.1K tons in 2022. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of vegetable saps and extracts; of liquorice fell to $32M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of $32M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United States (1682.8 tons)
2. Netherlands (512.6 tons)
3. Denmark (384.2 tons)
4. Italy (373.5 tons)
5. United Kingdom (229.6 tons)
6. Germany (215.8 tons)
7. Indonesia (161.7 tons)
8. Poland (65.4 tons)

Imports of Vegetable Saps and Extracts; of Liquorice in France

In 2022, the amount of vegetable saps and extracts; of liquorice imported into France skyrocketed to 3.4K tons, jumping by 24% against 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 79%. As a result, imports attained the peak of 3.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vegetable saps and extracts; of liquorice soared to $17M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, imports reached the peak of $21M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Turkmenistan (1495.1 tons)
2. China (1379.9 tons)
3. Uzbekistan (415.9 tons)
4. Czech Republic (64.5 tons)

Source: IndexBox Market Intelligence Platform