What is the price of licorice roots per kilogram/pound in US today?
The retail price range for US licorice roots is between US$ 14.38 and US$ 19.17 per kilogram or between US$ 6.52 and US$ 8.70 per pound(lb). Click here to see today's exact prices of licorice roots in US
The retail price range in Euro for licorice roots is between EUR 13.19 and EUR 17.59 per kilogram or between EUR 5.98 and EUR 7.98 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US licorice roots is between US$ 10.07 and US$ 13.42 per kilogram or between US$ 4.57 and US$ 6.09 per pound(lb).
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US Licorice Roots Export Prices - Historical, Trends and Prediction
The export price per kilogram of Licorice roots from the US has seen a steady increase over the last five years. In 2017, the price was 11.97 US dollars per kg, and in 2021 it was 10.91 US dollars per kg. The highest price was in 2014, when it was 12.51 US dollars per kg. The most recent price in 2022 was 12.33 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Licorice roots from the US in 2023 will be around 12.50 US dollars per kg, and in 2024 it will be around 12.65 US dollars per kg.US Licorice Roots Import Prices - Historical, Trends and Prediction
The import price per kilogram of Licorice roots into the US has seen a steady increase over the last five years. In 2012, the price was 7.98 US dollars per kg, and this increased to 11.11 US dollars per kg in 2013. The price then rose to 12.51 US dollars per kg in 2014, and further increased to 12.64 US dollars per kg in 2015. In 2016, the price dropped slightly to 12.55 US dollars per kg, before increasing again to 11.97 US dollars per kg in 2017. The price then rose to 13.09 US dollars per kg in 2018, and further increased to 13.26 US dollars per kg in 2019. In 2020, the price dropped to 11.05 US dollars per kg, before decreasing again to 10.91 US dollars per kg in 2021. The price then rose to 12.33 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Licorice roots into the US will be 12.45 US dollars per kg in 2023, and 12.56 US dollars per kg in 2024.Export values for US licorice roots
The total values in export for licorice roots in US were US$ 30,792, US$ 27,621, US$ 19,079 and US$ 13,078 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in US: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Ginseng roots, Chicory roots & Cocoyam.
See prices of licorice roots in other countries across North America: Canada licorice roots, US licorice roots, Anguilla licorice roots, Antigua and Barbuda licorice roots, Bermuda licorice roots, Bonaire, Sint Eustatius and Saba licorice roots, St.Pierre and Miquelon licorice roots, United States Minor Outlying Islands licorice roots, Cayman Islands licorice roots & Greenland licorice roots.
US licorice roots - Production, Exports, Imports, Seasons and HS Codes
The volume of licorice roots shipped by US in 2020 was 746 metric tons. In 2019 US exported 986 tonnes of licorice roots. In 2019 alone, the demand for US licorice roots (tubers category) has reduced, flactuating by -32.373 per cent compared to the year 2018. Between 2017 and 2019, licorice roots' exports reduced by -57.28 percent earning US US$13.08m for the year 2019. US' licorice roots exports are categorised as:
- Extracts of liquorice (excluding that with a sucrose content by weight of > 10% or in the form of confectionery) (HS code 130212)
- Liquorice roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121110)
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US licorice roots export values
In 2019, US sold licorice roots with a value of 13.08m USD, a drop of -31.44% from 2018's total licorice roots export of 19.079m USD. The annual reduction in value of US licorice roots between 2017 to 2018 was -30.926 per cent.
The yearly variation in the amount of US' licorice roots exports between 2017 and 2019 was -57.28 percent compared to a variation of -32.373% in the period between 2018 and 2019.
US' stake of the world's total licorice roots' exports in 2019 was less than 1%. US holds position 33 in world exports of licorice roots.
Export markets for US licorice roots ( in '000$ )
US purchased 1,679 tonnes of licorice roots in 2019.