The quantity of licorice roots exported by Italy in 2020 was 184 metric tons. In 2019 Italy sold 153 tonnes of licorice roots. Across 2019 alone, the demand for Italy licorice roots (tubers category) has improved, flactuating by 56.122 % compared to the year 2018. Between 2017 and 2019, licorice roots' exports increased by 750 pc bringing the exporter US$1.13m for the year 2019. Italy's licorice roots exports are categorised as:
- Liquorice roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121110)
- Extracts of liquorice (excluding that with a sucrose content by weight of > 10% or in the form of confectionery) (HS code 130212)
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Italia radici di liquirizia export values
In 2019, Italy shipped licorice roots valued at 1.13m USD, an improvement of 18.70% from 2018's total licorice roots export of 0.952m USD. The yearly change in value of Italy licorice roots between 2017 to 2018 was 131.63 pc.
The yearly change in the amount of Italy's licorice roots exports between 2017 and 2019 was 750% when compared to a variation of 56.122% in the growth rate between 2018 and 2019.
Italy's portion of the world's total licorice roots' exports in 2019 was less than 1%. Italy is ranked position 29 in world exports of licorice roots.
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Export markets for Italia radici di liquirizia ( in '000$ )
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Import/Export Trends
Italy is a net importer of licorice roots. The annual growth of Italy licorice roots in value between 2015 to 2019 was -14%, per annum, while annual growth in quantity was -4%, per annum.
Italy procured 704 tonnes of licorice roots in 2019.
