What is the price of licorice roots per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan licorice roots is between US$ 3.25 and US$ 5.34 per kilogram or between US$ 1.47 and US$ 2.42 per pound(lb). Click here to see today's exact prices of licorice roots in Kazakhstan
The retail price range in Tenge for licorice roots is between KZT 1,457.93 and KZT 2,393.61 per kilogram or between KZT 661.19 and KZT 1,085.54 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan licorice roots is between US$ 2.28 and US$ 3.74 per kilogram or between US$ 1.03 and US$ 1.69 per pound(lb).
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Kazakhstan Licorice Roots Export Prices - Historical, Trends and Prediction
The export price per kilogram of Licorice roots from Kazakhstan over the last five years has been quite varied. In 2017, the price was 5.27 US dollars per kg, followed by a significant increase to 9.85 US dollars per kg in 2018. In 2019, the price dropped to 5.90 US dollars per kg, before rising again to 6.00 US dollars per kg in 2020. The price then jumped to 12.00 US dollars per kg in 2021. Based on this data, it is likely that the export price of Licorice roots from Kazakhstan will remain relatively high in the next two years, with an estimated price of 12.50 US dollars per kg in 2023 and 13.00 US dollars per kg in 2024.Kazakhstan Licorice Roots Import Prices - Historical, Trends and Prediction
The import price per kilogram of Licorice roots into Kazakhstan has seen a significant fluctuation over the past five years. In 2016, the price was at its lowest at 5.11 US dollars per kg, followed by a slight increase to 5.27 US dollars per kg in 2017. In 2018, the price rose to 9.85 US dollars per kg, before dropping to 5.90 US dollars per kg in 2019. The price then rose again to 6.00 US dollars per kg in 2020, before reaching its highest point of 12.00 US dollars per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Licorice roots into Kazakhstan will remain steady in 2023 at around 6.00 US dollars per kg, before increasing to 8.00 US dollars per kg in 2024.Export values for Kazakhstan licorice roots
The total values in export for licorice roots in Kazakhstan were US$ 404, US$ 416, US$ 729 and US$ 525 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Kazakhstan: 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.
Kazakhstan licorice roots - Production, Exports, Imports, Seasons and HS Codes
The volume of licorice roots exported by Kazakhstan in 2020 was 1 metric tonnes. In 2019 Kazakhstan sold 89 tonnes of licorice roots. Across 2019 alone, the demand for Kazakhstan licorice roots (tubers category) has increased, flactuating by 20.27 percent compared to the year 2018. Between 2017 and 2019, licorice roots' exports went up by 12.66 percent earning Kazakhstan US$0.52m for the year 2019. Kazakhstan's licorice roots exports are categorised as:
- Extracts of liquorice (excluding that with a sucrose content by weight of > 10% or in the form of confectionery) (HS code 130212)
- Liquorice roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121110)
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Kazakhstan licorice roots export values
In 2019, Kazakhstan supplied licorice roots worth 0.52m USD, a drop of -28.67% from 2018's total licorice roots export of 0.729m USD. The yearly change in value of Kazakhstan licorice roots between 2017 to 2018 was 75.24 per cent.
The per year variation in the volume of Kazakhstan's licorice roots exports between 2017 and 2019 was 12.66 per cent in comparison to a variation of 20.27% in the period between 2018 and 2019.
Export markets for Kazakhstan licorice roots ( in '000$ )
Kazakhstan ordered 13 tonnes of licorice roots in 2019.