In 2023, the global liquorice extract import landscape featured the United Arab Emirates leading with significant imports, followed by Germany, the United States, and France. Countries such as Indonesia and Poland experienced notable declines in import values, while growth was strong in Singapore, Serbia, and Romania. Despite overall growth in imports, some regions like Switzerland and Brazil faced substantial declines. The year-on-year variations show a dynamic market with performance differing across regions.
Future trends to watch include potential shifts in demand driven by emerging markets and fluctuations in economic conditions. Growth could be driven by rising consumer awareness of liquorice's health benefits and increased product usage in pharmaceuticals and confectionery. Monitoring geopolitical developments and supply chain disruptions will also be critical in anticipating future import trends.
Top countries in Import of Liquorice Extract by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Arab Emirates | 41,952,000 | 2023 | +4.26% | +4.95% | View data |
| 2 | 2 Germany | 31,850,000 | 2023 | +0.35% | +0.79% | View data |
| 3 | 3 United States | 28,684,000 | 2023 | +2.23% | +1.47% | View data |
| 4 | 4 France | 23,625,000 | 2023 | +3.77% | +3.75% | View data |
| 5 | 5 China | 18,287,000 | 2023 | +0.27% | -0.083% | View data |
| 6 | 6 Netherlands | 13,097,000 | 2023 | +0.38% | +0.59% | View data |
| 7 | 7 Japan | 4,745,400 | 2023 | -2.33% | +0.9% | View data |
| 8 | 8 Russia | 3,361,000 | 2023 | +0.36% | +2.13% | View data |
| 9 | 9 Finland | 3,282,300 | 2023 | +0.28% | +0.23% | View data |
| 10 | 10 Italy | 2,716,100 | 2023 | -0.12% | +0.1% | View data |
