What is the price of ginseng roots per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) ginseng roots is between US$ 12.56 and US$ 43.46 per kilogram or between US$ 5.69 and US$ 19.71 per pound(lb). Click here to see today's exact prices of ginseng roots in United Kingdom (UK)
The retail price range in British pound sterling for ginseng roots is between GBP 10.09 and GBP 34.92 per kilogram or between GBP 4.57 and GBP 15.84 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) ginseng roots is between US$ 8.79 and US$ 30.42 per kilogram or between US$ 3.99 and US$ 13.80 per pound(lb).
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United Kingdom (UK) Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price of Ginseng roots from the United Kingdom over the last five years has been quite volatile. In 2011, the price was 25.25 US dollars per kilogram, but this dropped to 22.27 US dollars per kilogram in 2012. Prices then rose to 24.00 US dollars per kilogram in 2013, before dropping significantly to 13.39 US dollars per kilogram in 2014. Prices then rose again to 15.00 US dollars per kilogram in 2015, before dropping to 4.81 US dollars per kilogram in 2016. Prices then rose to 8.63 US dollars per kilogram in 2017, 11.49 US dollars per kilogram in 2018, 16.21 US dollars per kilogram in 2019, and 19.18 US dollars per kilogram in 2020. Prices then skyrocketed to 71.50 US dollars per kilogram in 2021, and 260.00 US dollars per kilogram in 2022. Based on this data, it is likely that the export price of Ginseng roots from the United Kingdom will remain high in 2023 and 2024.United Kingdom (UK) Ginseng Roots Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) ginseng roots
The total values in export for ginseng roots in United Kingdom (UK) were US$ 356, US$ 1,476, US$ 701 and US$ 227 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in United Kingdom (UK): Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
See prices of ginseng roots in other countries across Europe: Georgia ginseng roots, Albania ginseng roots, Belarus ginseng roots, Bosnia and Herzegovina ginseng roots, Bulgaria ginseng roots, Croatia ginseng roots, Czech Republic ginseng roots, Estonia ginseng roots, Greece ginseng roots & Hungary ginseng roots.
United Kingdom (UK) ginseng roots - Production, Exports, Imports, Seasons and HS Codes
The quantity of ginseng roots shipped by United Kingdom (UK) in 2020 was 10 metric tonnes. In 2019 United Kingdom (UK) shipped 14 tonnes of ginseng roots. Through 2019 alone, the market for United Kingdom (UK) ginseng roots (tubers category) has shrunk, flactuating by -77.049 % compared to the year 2018. Between 2017 and 2019, ginseng roots' exports decreased by -91.81% bringing the country US$0.23m for the year 2019. United Kingdom (UK)'s ginseng roots exports are classified as:
- Ginseng roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121120)
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United Kingdom (UK) ginseng roots export values
In 2019, United Kingdom (UK) sold ginseng roots costing 0.23m USD, a drop of -67.19% from 2018's total ginseng roots export of 0.701m USD. The yearly change in value of United Kingdom (UK) ginseng roots between 2017 to 2018 was -52.507 pc.
The per year variation in the volume of United Kingdom (UK)'s ginseng roots exports between 2017 and 2019 was -91.81 per cent compared to a variation of -77.049% in the period between 2018 and 2019.
United Kingdom (UK)'s share of the world's total ginseng roots' exports in 2019 was less than 1%. United Kingdom (UK) is ranked position 23 in world exports of ginseng roots.
Export markets for United Kingdom (UK) ginseng roots ( in '000$ )
Import/Export Trends
United Kingdom (UK) is a net importer of ginseng roots. The annual growth of United Kingdom (UK) ginseng roots in value between 2015 to 2019 was 12%, per year, while annual growth in quantity during the same period was 32%, per annum.
United Kingdom (UK) brought in 51 tonnes of ginseng roots in 2019.