The United Arab Emirates leads global liquorice extract imports in 2023, showing a robust growth trend of 4.95%. Germany and the United States follow, each with more modest increases. Singapore and Serbia exhibited significant growth at over 6%. In contrast, China, previously among the top importers, experienced a decline of 0.083%. Notably, emerging markets like Romania and Morocco displayed considerable growth, highlighting dynamic shifts. Conversely, Belgium and Hungary saw marked reductions. Over the past five years, global imports have grown thus, suggesting an evolving market landscape driven by both stable and burgeoning economies.
Looking ahead, watch for potential growth in emerging markets such as Costa Rica, showing a tremendous 54.47% increase, and Uruguay with 78.82%. Meanwhile, economic fluctuations and trade policies could influence traditional importers like Switzerland negatively. The impact of geopolitical shifts and global supply chain adjustments will likely play crucial roles in shaping future trends in the global import of liquorice extract.
Top countries in Import of Liquorice Extract Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Arab Emirates | 19.8 | 2023 | +4.26% | +4.95% | View data |
| 2 | 2 Germany | 15.03 | 2023 | +0.35% | +0.79% | View data |
| 3 | 3 United States | 13.54 | 2023 | +2.23% | +1.47% | View data |
| 4 | 4 France | 11.15 | 2023 | +3.77% | +3.75% | View data |
| 5 | 5 China | 8.63 | 2023 | +0.27% | -0.083% | View data |
| 6 | 6 Netherlands | 6.18 | 2023 | +0.38% | +0.59% | View data |
| 7 | 7 Japan | 2.24 | 2023 | -2.33% | +0.9% | View data |
| 8 | 8 Russia | 1.59 | 2023 | +0.36% | +2.13% | View data |
| 9 | 9 Finland | 1.55 | 2023 | +0.28% | +0.23% | View data |
| 10 | 10 Italy | 1.28 | 2023 | -0.12% | +0.1% | View data |
