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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of liquorice amounted to $5,917 per ton, which is down by -32.4% against the previous year. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum at $11,638 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 China ($10,498 per ton), while the price for Uzbekistan ($2,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vegetable saps and extracts; of liquorice amounted to $11,000 per ton, surging by 137% against the previous year. Overall, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +73.7% per year.

Imports of Vegetable Saps and Extracts; of Liquorice in Kazakhstan

After two years of decline, overseas purchases of vegetable saps and extracts; of liquorice increased by 458% to 38 tons in 2022. In general, imports showed a significant expansion. As a result, imports attained 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 $222K in 2022. Over the period under review, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Uzbekistan (20.4 tons)
2. Russia (15.2 tons)
3. China (2.0 tons)

Exports of Vegetable Saps and Extracts; of Liquorice in Kazakhstan

For the third year in a row, Kazakhstan recorded decline in shipments abroad of vegetable saps and extracts; of liquorice, which decreased by -94.2% to 600 kg in 2022. In general, exports continue to indicate a sharp slump. The smallest decline of -44.4% was in 2020.

In value terms, exports of vegetable saps and extracts; of liquorice declined markedly to $6.6K in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -45.4% was in 2020.

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

1. Ukraine (600.0 kg)

Source: IndexBox Market Intelligence Platform