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

Contents:

1. Price for Vegetable Saps and Extracts; of Liquorice in Kuwait (CIF) - 2022
2. Imports of Vegetable Saps and Extracts; of Liquorice in Kuwait

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $2,012 per ton, growing by 33% against the previous year. In general, the import price saw strong growth. The most prominent rate of growth was recorded in 2019 an increase of 53%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 France ($7,235 per ton), while the price for Syrian Arab Republic ($1,513 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Liquorice in Kuwait

Imports of vegetable saps and extracts; of liquorice into Kuwait skyrocketed to 33 tons in 2022, picking up by 111% against the previous year. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable saps and extracts; of liquorice skyrocketed to $66K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. India (28.3 tons)
2. Syrian Arab Republic (2.9 tons)
3. France (1.3 tons)

Source: IndexBox Market Intelligence Platform