What is the price of licorice roots per kilogram/pound in India today?
The retail price range for India licorice roots is between US$ 0.21 and US$ 0.54 per kilogram or between US$ 0.10 and US$ 0.25 per pound(lb). Click here to see today's exact prices of licorice roots in India
The retail price range in Indian Rupee for licorice roots is between INR 17.59 and INR 44.78 per kilogram or between INR 7.98 and INR 20.31 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India licorice roots is between US$ 0.15 and US$ 0.38 per kilogram or between US$ 0.07 and US$ 0.17 per pound(lb).
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India Licorice Roots Export Prices - Historical, Trends and Prediction
The export price per kilogram of Licorice roots from India over the last five years has been quite volatile. In 2017, the price was 6.60 US dollars per kg, followed by a sharp increase to 17.50 US dollars per kg in 2018. However, the price dropped back to 6.50 US dollars per kg in 2019 and 2020, before rising again to 18.71 US dollars per kg in 2021. The current price is 5.76 US dollars per kg. Based on the current trend, it is likely that the export price per kilogram of Licorice roots from India will be around 6.50 US dollars per kg in 2023 and 2024.India Licorice Roots Import Prices - Historical, Trends and Prediction
The import price per kilogram of Licorice roots into India over the last five years has been quite volatile. In 2017, the price was 6.60 US dollars per kg, followed by a significant increase to 17.50 US dollars per kg in 2018. This was followed by a decrease to 6.50 US dollars per kg in 2019 and a further increase to 18.71 US dollars per kg in 2020. The price then decreased to 5.76 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Licorice roots into India in 2023 will be around 8.00 US dollars per kg and in 2024 will be around 7.00 US dollars per kg.Export values for India licorice roots
The total values in export for licorice roots in India were US$ 39, US$ 99, US$ 70 and US$ 26 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in India: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Ginseng roots, Chicory roots & Cocoyam.
See prices of licorice roots in other countries across Asia: Kazakhstan licorice roots, Kyrgyzstan licorice roots, Tajikistan licorice roots, Turkmenistan licorice roots, Uzbekistan licorice roots, China licorice roots, Hong Kong licorice roots, Macao licorice roots, North Korea licorice roots & Mongolia licorice roots.
India licorice roots - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 4 tonnes of licorice roots. Through 2019 alone, the interest in India licorice roots (tubers category) has been contant, with a change of 0 pc compared to the year 2018. Between 2017 and 2019, licorice roots' exports decreased by -73.33 pc earning the exporter US$0.03m for the year 2019. India's licorice roots exports are categorised as:
- Extracts of liquorice (excluding that with a sucrose content by weight of > 10% or in the form of confectionery) (HS code 130212)
- Liquorice roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121110)
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India licorice roots export values
In 2019, India supplied licorice roots with a value of 0.03m USD, a contraction of -57.14% from 2018's total licorice roots export of 0.07m USD. The yearly reduction in value of India licorice roots between 2017 to 2018 was -29.293%.
The yearly change in the quantity of India's licorice roots exports between 2017 and 2019 was -73.33 percent when compared to a variation of 0% in the growth rate between 2018 and 2019.
Export markets for India licorice roots ( in '000$ )
India ordered 4 tonnes of licorice roots in 2019.