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

Contents:

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

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

The average export price for vegetable saps and extracts; of liquorice stood at $4,652 per ton in 2022, with an increase of 1.9% against the previous year. Over the period under review, the export price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2014 an increase of 17%. As a result, the export price attained the peak level of $6,243 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,980 per ton), while the average price for exports to the United Arab Emirates ($2,475 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 Georgia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for vegetable saps and extracts; of liquorice stood at $4,112 per ton in 2022, growing by 5.6% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The import price peaked at $10,905 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.7% per year.

Exports of Vegetable Saps and Extracts; of Liquorice in Iran

Exports of vegetable saps and extracts; of liquorice from Iran shrank modestly to 7K tons in 2022, remaining stable against 2021. Overall, exports showed a perceptible decrease.

In value terms, exports of vegetable saps and extracts; of liquorice rose slightly to $32M in 2022. Over the period under review, exports saw a pronounced contraction.

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

1. Germany (3420.2 tons)
2. United Arab Emirates (2724.8 tons)
3. Netherlands (148.8 tons)
4. Slovakia (132.5 tons)
5. Thailand (127.9 tons)
6. Georgia (111.4 tons)

Imports of Vegetable Saps and Extracts; of Liquorice in Iran

In 2022, the amount of vegetable saps and extracts; of liquorice imported into Iran surged to 137 tons, growing by 28% on the year before. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 143%. As a result, imports attained the peak of 167 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vegetable saps and extracts; of liquorice soared to $563K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 128%. As a result, imports reached the peak of $708K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Germany (135.4 tons)

Source: IndexBox Market Intelligence Platform