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

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

In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $2,756 per ton, standing approx. at the previous year. Over the period under review, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2020 when the average export price increased by 26%. Over the period under review, the average export prices reached the peak figure at $10,392 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($3,640 per ton), while the average price for exports to El Salvador amounted to $2,718 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+65.5%).

Exports of Vegetable Saps and Extracts; of Liquorice in Guatemala

In 2022, the amount of vegetable saps and extracts; of liquorice exported from Guatemala fell rapidly to 1.2 tons, which is down by -56% against the previous year's figure. Overall, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 529%. As a result, the exports reached the peak of 2.7 tons, and then shrank sharply in the following year.

In value terms, exports of vegetable saps and extracts; of liquorice shrank rapidly to $3.3K in 2022. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 649% against the previous year. As a result, the exports attained the peak of $7.6K, and then fell sharply in the following year.