What is the price of licorice roots per kilogram/pound in Lao (Laos) today?
The retail price range for Lao (Laos) licorice roots is between US$ 1.48 and US$ 10.59 per kilogram or between US$ 0.67 and US$ 4.80 per pound(lb). Click here to see today's exact prices of licorice roots in Lao (Laos)
The retail price range in Lao kip for licorice roots is between LAK 29,581.02 and LAK 211,707.30 per kilogram or between LAK 13,415.43 and LAK 96,012.38 per pound(lb) in Vientiane and Pakse (Pakxe).
Wholesale prices
In 2024, the approximate wholesale price range for Lao (Laos) licorice roots is between US$ 1.04 and US$ 7.41 per kilogram or between US$ 0.47 and US$ 3.36 per pound(lb).
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Lao (Laos) Licorice Roots Export Prices - Historical, Trends and Prediction
The export price of Licorice roots from Lao (Laos) has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which increased to $2.60 in 2020. This trend continued in 2021, with the export price per kilogram reaching $2.75. In 2022, the export price per kilogram rose to $2.90, and is expected to reach $3.05 in 2023 and $3.20 in 2024. This steady increase in export prices is likely due to the increasing demand for Licorice roots in the global market.Lao (Laos) Licorice Roots Import Prices - Historical, Trends and Prediction
The import price of Licorice roots into Lao (Laos) has seen a steady increase over the past five years. In 2019, the import price per kilogram was $2.45, which was a slight increase from the previous year's price of $2.41. In 2020, the price rose to $2.50, and then to $2.60 in 2021. This year, the import price per kilogram has reached $2.70, which is the highest price in the past five years. This trend suggests that the import price of Licorice roots into Lao (Laos) is likely to continue to increase in the coming years. Based on this data, it is likely that the import price per kilogram of Licorice roots into Lao (Laos) will reach $2.80 in 2023 and $2.90 in 2024.Export values for Lao (Laos) licorice roots
Prices of other produce in the Tubers category in Lao (Laos): Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Ginseng roots, Chicory roots & Cocoyam.
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