What is the price of licorice roots per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) licorice roots is between US$ 6.73 and US$ 22.10 per kilogram or between US$ 3.05 and US$ 10.02 per pound(lb). Click here to see today's exact prices of licorice roots in United Kingdom (UK)
The retail price range in British pound sterling for licorice roots is between GBP 5.40 and GBP 17.76 per kilogram or between GBP 2.45 and GBP 8.05 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) licorice roots is between US$ 4.71 and US$ 15.47 per kilogram or between US$ 2.14 and US$ 7.02 per pound(lb).
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United Kingdom (UK) Licorice Roots Export Prices - Historical, Trends and Prediction
The export price of Licorice roots from the United Kingdom over the last five years has been quite volatile. In 2017, the price was 13.31 US$ per kg, followed by a sharp increase to 23.27 US$ per kg in 2018. However, the price dropped significantly in 2019 to 8.75 US$ per kg and further decreased to 3.91 US$ per kg in 2020. The price then rose to 5.33 US$ per kg in 2021 and further increased to 9.57 US$ per kg in 2022. Based on the current trend, it is predicted that the export price of Licorice roots from the United Kingdom will be around 11.45 US$ per kg in 2023 and 13.37 US$ per kg in 2024.United Kingdom (UK) Licorice Roots Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) licorice roots
The total values in export for licorice roots in United Kingdom (UK) were US$ 260, US$ 213, US$ 256 and US$ 586 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), Ginseng roots, Chicory roots & Cocoyam.
See prices of licorice roots in other countries across Europe: Georgia licorice roots, Albania licorice roots, Belarus licorice roots, Bosnia and Herzegovina licorice roots, Bulgaria licorice roots, Croatia licorice roots, Czech Republic licorice roots, Estonia licorice roots, Greece licorice roots & Hungary licorice roots.
United Kingdom (UK) licorice roots - Production, Exports, Imports, Seasons and HS Codes
The amount of licorice roots sold by United Kingdom (UK) in 2020 was 118 tons. In 2019 United Kingdom (UK) sold 67 tonnes of licorice roots. For 2019 alone, the interest in United Kingdom (UK) licorice roots (tubers category) has improved, changing by 509.091 per cent compared to the year 2018. Between 2017 and 2019, licorice roots' exports increased by 318.75 pc earning the nation US$0.59m for the year 2019. United Kingdom (UK)'s licorice roots exports are classified as:
- Liquorice roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121110)
- Extracts of liquorice (excluding that with a sucrose content by weight of > 10% or in the form of confectionery) (HS code 130212)
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United Kingdom (UK) licorice roots export values
In 2019, United Kingdom (UK) supplied licorice roots with a value of 0.59m USD, an improvement of 130.47% from 2018's total licorice roots export of 0.256m USD. The annual change in value of United Kingdom (UK) licorice roots between 2017 to 2018 was 20.188 per cent.
The per year variation in the quantity of United Kingdom (UK)'s licorice roots exports between 2017 and 2019 was 318.75 per cent when compared to a variation of 509.091% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s portion of the world's total licorice roots' exports in 2019 was less than 1%. The country is ranked position 13 in world exports of licorice roots.
Export markets for United Kingdom (UK) licorice roots ( in '000$ )
Import/Export Trends
United Kingdom (UK) is a net importer of licorice roots. The annual growth of United Kingdom (UK) licorice roots in value between 2015 to 2019 was -39%, per annum, while annual growth in quantity during the same period was -35%, per annum.
United Kingdom (UK) procured 415 tonnes of licorice roots in 2019.