What is the price of licorice roots per kilogram/pound in Turkey today?
The retail price range for Turkey licorice roots is between US$ 3.88 and US$ 15.54 per kilogram or between US$ 1.76 and US$ 7.05 per pound(lb). Click here to see today's exact prices of licorice roots in Turkey
The retail price range in Turkish Lira for licorice roots is between TRY 76.82 and TRY 307.86 per kilogram or between TRY 34.84 and TRY 139.62 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey licorice roots is between US$ 2.71 and US$ 10.88 per kilogram or between US$ 1.23 and US$ 4.93 per pound(lb).
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Turkey Licorice Roots Export Prices - Historical, Trends and Prediction
The export price of Licorice roots from Turkey has seen a significant fluctuation over the past five years. In 2012, the price was 5.00 US$ per kg, which dropped to 4.00 US$ per kg in 2014. However, in 2017, the price rose to 14.00 US$ per kg, and further increased to 15.50 US$ per kg in 2018. In 2019, the price dropped to 1.80 US$ per kg, before rising again to 6.00 US$ per kg in 2020 and 7.00 US$ per kg in 2021. The latest data shows that the export price of Licorice roots from Turkey is 5.00 US$ per kg in 2022. Based on the data, it is predicted that the export price of Licorice roots from Turkey will remain at 5.00 US$ per kg in 2023 and 2024.Turkey Licorice Roots Import Prices - Historical, Trends and Prediction
The import price of Licorice roots into Turkey has seen a significant fluctuation over the past five years. In 2012, the price was 5.00 US$ per kg, which dropped to 4.00 US$ per kg in 2014. However, in 2017, the price rose to 14.00 US$ per kg, and further increased to 15.50 US$ per kg in 2018. In 2019, the price dropped to 1.80 US$ per kg, before rising again to 6.00 US$ per kg in 2020 and 7.00 US$ per kg in 2021. The most recent data shows that the price has dropped to 5.00 US$ per kg in 2022. Based on this trend, it is predicted that the price of Licorice roots into Turkey will remain at 5.00 US$ per kg in 2023 and 2024.Export values for Turkey licorice roots
The total values in export for licorice roots in Turkey were US$ 4, US$ 56, US$ 155 and US$ 27 in US dollar thousand for the years 2014, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Turkey: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Ginseng roots, Chicory roots & Cocoyam.
See prices of licorice roots in other countries across Middle East: Bahrain licorice roots, Cyprus licorice roots, Iraq licorice roots, Israel licorice roots, Jordan licorice roots, Kuwait licorice roots, Lebanon licorice roots, Palestine licorice roots, Oman licorice roots & Qatar licorice roots.
Turkey licorice roots - Production, Exports, Imports, Seasons and HS Codes
The volume of licorice roots shipped by Turkey in 2020 was 4 metric tons. In 2019 Turkey exported 15 tonnes of licorice roots. For the year 2019 alone, the market for Turkey licorice roots (tubers category) has gone up, recording a change of 50 % compared to the year 2018. Between 2017 and 2019, licorice roots' exports went up by 275 percent netting the country US$0.03m for the year 2019. Turkey's licorice roots exports are categorised as:
- Liquorice roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121110)
- Extracts of liquorice (excluding that with a sucrose content by weight of > 10% or in the form of confectionery) (HS code 130212)
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Turkey licorice roots export values
In 2019, Turkey supplied licorice roots costing 0.03m USD, a decrease of -80.65% from 2018's total licorice roots export of 0.155m USD. The yearly change in value of Turkey licorice roots between 2017 to 2018 was 176.786 percent.
The annual/yearly change in the amount of Turkey's licorice roots exports between 2017 and 2019 was 275 per cent compared to a variation of 50% in the period between 2018 and 2019.
Export markets for Turkey licorice roots ( in '000$ )
Turkey brought in 182 tonnes of licorice roots in 2019.