Get price analysis and market insights for China Dried Licorice Root with Tridge.
Wholesale prices of Dried Licorice Root in China
Recent wholesale prices
Over the past 4 weeks, the wholesale price of China Dried Licorice Root has typically been between $2.49 and $2.61 USD per kg, or $1.13 to $1.18 USD per pound (lb).
These prices are based on reports from regions such as Dingxi
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
$2.49/kg
$1.13/lb
$2.61/kg
$1.18/lb
Historical wholesale price trends
The wholesale price of China Dried Licorice Root has followed a downward trend over the past two years, influenced by evolving market conditions. In 2023, wholesale prices varied between $4.66 USD per kg and $7.33 USD per kg. However, by 2024, wholesale prices declined to a new range of $2.93 to $4.15 USD per kg, signaling reduced demand or increased supply for China 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
$2.93/kg
$1.33/lb
$4.15/kg
$1.88/lb
2023
$4.66/kg
$2.11/lb
$7.33/kg
$3.32/lb
Recently updated wholesale prices
Recent wholesale price of Dried Licorice Root in China was 18 CNY per 1 kg, reported on 2025-03-23.
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-03-23
-
$2.48/kg
CNY 18/1 kg
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Export prices of Dried Licorice Root in China
Historical export price trends
The export prices of Dried Licorice Root from China have been on the rise over the past two years, driven by shifts in market supply and demand. In 2023, export prices ranged from $2 to $2 USD per kg. By 2024, these prices increased to a new range of $2 to $8.45 USD per kg, highlighting the continued growth in the export price of China 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
$2/kg
$0.91/lb
$8.45/kg
$3.83/lb
2023
$2/kg
$0.91/lb
$2/kg
$0.91/lb
2022
$2.50/kg
$1.13/lb
$7.08/kg
$3.21/lb
Recent export records
On 2025-02-11, Dried Licorice Root reported as "[감초(뿌리,건조)] 감초__GLYCYRRHIZA GLABRA" was exported by a company in China to a company in South Korea.
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
Import prices of Dried Licorice Root in China
Historical import price trends
The import price of Dried Licorice Root to China has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $0.50 USD per kg to $1.14 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $0.70 USD and $0.90 USD per kg, indicating ongoing market instability for Dried Licorice Root imports to China.
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
$0.70/kg
$0.32/lb
$0.90/kg
$0.41/lb
2023
$0.50/kg
$0.23/lb
$1.14/kg
$0.52/lb
2022
$0.80/kg
$0.36/lb
$0.90/kg
$0.41/lb
Recent import records
On 2025-02-14, Dried Licorice Root reported as “КОРЕНЬ СОЛОДКИ (LICORICE ROOT) (GLYCYRRHIZA GLABRA),” was imported by a company in China from a company in Kazakhstan.
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
FAQ for Dried Licorice Root price in China
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.
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 China Dried Licorice Root calculated?
The low and high prices are calculated from China data for Dried Licorice Root during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much price data is available for Dried Licorice Root on Tridge?
In the past 6 months, 2 Dried Licorice Root price entries were updated for China.
How much transaction data is there for Dried Licorice Root in China in Tridge?
We have 661 transaction records for Dried Licorice Root in China. Visit our About Transaction Data page to explore its features.
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