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

Contents:

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

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

The average import price for vegetable saps and extracts; of liquorice stood at $7,738 per ton in 2022, increasing by 6.7% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices hit record highs at $16,869 per ton in 2013; however, from 2014 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 ($32,057 per ton), while the price for France ($5,276 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 (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vegetable saps and extracts; of liquorice stood at $51,686 per ton in 2022, reducing by -39.1% against the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2021 an increase of 505%. As a result, the export price reached the peak level of $84,824 per ton, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($92,804 per ton), while the average price for exports to Denmark ($8,500 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 Turkey (+75.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Liquorice in Poland

In 2022, supplies from abroad of vegetable saps and extracts; of liquorice was finally on the rise to reach 132 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep reduction.

In value terms, imports of vegetable saps and extracts; of liquorice skyrocketed to $1M in 2022. Overall, imports, however, recorded a deep reduction.

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

1. France (77.4 tons)
2. Germany (29.8 tons)
3. Israel (21.2 tons)
4. Denmark (0.5 tons)

Exports of Vegetable Saps and Extracts; of Liquorice in Poland

In 2022, approx. 1.3 tons of vegetable saps and extracts; of liquorice were exported from Poland; shrinking by -75.1% against the previous year. Overall, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year.

In value terms, exports of vegetable saps and extracts; of liquorice dropped dramatically to $66K in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2021 when exports increased by 986% against the previous year. As a result, the exports attained the peak of $432K, and then dropped remarkably in the following year.

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

1. Germany (746.0 kg)
2. Lithuania (479.0 kg)
3. Denmark (30.0 kg)
4. Czech Republic (5.0 kg)

Source: IndexBox Market Intelligence Platform