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

Contents:

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

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

The average import price for vegetable saps and extracts; of liquorice stood at $18,738 per ton in 2022, waning by -4.6% against the previous year. In general, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65%. As a result, import price attained the peak level of $19,647 per ton, and then dropped slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($19,773 per ton), while the price for Spain ($15,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $22,707 per ton, approximately mirroring the previous year. Overall, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 201% against the previous year. Over the period under review, the average export prices hit record highs at $73,618 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Greece ($278,000 per ton), while the average price for exports to Poland ($15,000 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+19.3%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable Saps and Extracts; of Liquorice in Romania

In 2022, supplies from abroad of vegetable saps and extracts; of liquorice increased by 94% to 1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous contraction.

In value terms, imports of vegetable saps and extracts; of liquorice soared to $20K in 2022. In general, imports, however, recorded a dramatic downturn.

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

1. China (998.0 kg)
2. Spain (23.0 kg)
3. Germany (22.0 kg)

Exports of Vegetable Saps and Extracts; of Liquorice in Romania

Exports of vegetable saps and extracts; of liquorice from Romania stood at 41 kg in 2022, leveling off at 2021. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -79% was in 2020.

In value terms, exports of vegetable saps and extracts; of liquorice amounted to $931 in 2022. Overall, exports continue to indicate a sharp downturn. The smallest decline of -84.3% was in 2020.

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

1. Poland (39.0 kg)
2. Portugal (1.0 kg)
3. Greece (1.0 kg)

Source: IndexBox Market Intelligence Platform