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

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

The average import price for vegetable saps and extracts; of liquorice stood at $5,500 per ton in 2022, dropping by -36.5% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 1,691%. As a result, import price attained the peak level of $22,200 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -13.9% per year.

Imports of Vegetable Saps and Extracts; of Liquorice in Bolivia

Imports of vegetable saps and extracts; of liquorice into Bolivia contracted markedly to 2 kg in 2022, shrinking by -33.3% compared with 2021. In general, imports faced a deep downturn. The growth pace was the most rapid in 2021 with an increase of 200%. As a result, imports attained the peak of 3 kg, and then shrank dramatically in the following year.

In value terms, imports of vegetable saps and extracts; of liquorice contracted remarkably to $11 in 2022. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year.