Global Dried Licorice Root price

Get price analysis and market insights for Dried Licorice Root with Tridge.

Wholesale prices of Dried Licorice Root

Recent wholesale prices

Over the past 4 weeks, the global wholesale price of Dried Licorice Root generally ranged from $2.62 USD per kg to $6.52 USD per kg, or from $1.19 USD per pound (lb) to $2.96 USD per pound (lb).

Period Period	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
Past 4 weeks	$2.62/kg	$1.19/lb	$6.52/kg	$2.96/lb

Historical wholesale price trends

The global wholesale price of Dried Licorice Root has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $6.91 USD per kg and $8.36 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $4 USD to $11.41 USD per kg, highlighting ongoing price variability for Dried Licorice Root.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$4/kg	$1.81/lb	$11.41/kg	$5.17/lb
2023	$6.91/kg	$3.13/lb	$8.36/kg	$3.79/lb
2022	$6.13/kg	$2.78/lb	$7.52/kg	$3.41/lb

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-02-21	-	$2.62/kg	CNY 19/1 kg

Reported on Reported on	Specifications Specifications	Price (USD/kg) Price (USD/kg)	Reported price Reported price
2025-02-18	Chinese Liquorice(variety), High Quality(grade)	$6.52/kg	KRW 4,700/Bundle (0.5 kg)
2025-02-08	Chinese Liquorice(variety)	$6.44/kg	KRW 9,320/Bag (1 kg)

Export and import prices of Dried Licorice Root

Historical export and import price trends

The global export and import prices of Dried Licorice Root have been on the rise over the past two years, driven by shifts in market supply and demand. In 2023, export and import prices ranged from $0.69 to $3.47 USD per kg. By 2024, these prices increased to a new range of $0.98 to $6.72 USD per kg, highlighting the continued growth in the international price of Dried Licorice Root.

Year Year	Low price, USD/kg Low price, USD/kg	Low price, USD/lb Low price, USD/lb	High price, USD/kg High price, USD/kg	High price, USD/lb High price, USD/lb
2024	$0.98/kg	$0.45/lb	$6.72/kg	$3.05/lb
2023	$0.69/kg	$0.31/lb	$3.47/kg	$1.58/lb
2022	$0.80/kg	$0.36/lb	$4.60/kg	$2.09/lb

Recent transaction records

On 2025-02-11, Dried Licorice Root reported as "[감초(뿌리,건조)] 감초(21KG)__LICORICE ROOT" was exported by a company in Uzbekistan to a company in South Korea.

See the table below for more recent transactions.

Date Date	Unit price Unit price	Reported product name Reported product name	Exporter Exporter	Origin Origin	Importer Importer	Destination Destination
2025-02-11	$000/kg	[감초(뿌리,건조)] 감초(21KG)__LICORICE ROOT	Company name	Uzbekistan	Company name	South Korea
2025-02-11	$000/kg	[감초(뿌리,건조)] 감초__GLYCYRRHIZA GLABRA	Company name	China	Company name	South Korea
2025-02-10	$000/kg	[감초(뿌리,건조)] 건감초슬라이스__LICORICE ROOT SLICED	Company name	Uzbekistan	Company name	South Korea

To access detailed information, including unit prices and company names, get full access to our Transaction Data.

FAQ for global Dried Licorice Root price

What is the HS code for Dried Licorice Root?

The HS code for Dried Licorice Root is 071490 - Vegetable roots and tubers; arrowroot, salep, Jerusalem artichokes and similar roots and tu.

What varieties are there for Dried Licorice Root?

Tridge provides domestic price data for various Dried Licorice Root varieties, such as Chinese Liquorice.

Where does Tridge source its price data?

Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.

How are the low and high prices for Dried Licorice Root calculated?

The low and high prices are based on global data for Dried Licorice Root during the selected period, showing the typical price range across countries after removing outliers. Please note that price trends may vary when analyzed in more detail, such as by specific countries, product varieties, or different timeframes.

How much price data is available for Dried Licorice Root on Tridge?

In the past 6 months, 34 Dried Licorice Root price entries were updated across 3 countries. Visit our Data Availability page to see which countries have recently updated prices.