Global Fresh Licorice Root price

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

Wholesale prices of Fresh Licorice Root

Recent wholesale prices

Over the past 4 weeks, the global wholesale price of Fresh 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 Fresh 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 Fresh 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 Fresh Licorice Root

Historical export and import price trends

The global export & import price of Fresh Licorice Root has been on a downward trend in recent years, driven by changing market conditions. In 2023, export & import prices were between $3.47 USD per kg and $11.04 USD per kg. By 2024, these prices had fallen to a new range of $2 to $3.37 USD per kg, reflecting shifts in demand or supply for Fresh 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	$3.37/kg	$1.53/lb
2023	$3.47/kg	$1.57/lb	$11.04/kg	$5.01/lb
2022	$0.79/kg	$0.36/lb	$5.43/kg	$2.46/lb

Recent transaction records

On 2024-09-24, Fresh Licorice Root reported as "Astragalus membranaceus Fabaceae (root), unseasoned (marinated, sliced, cut, processed) for food use. Packaged 35kg/package. Manufacturer: June 1, 2024. Expiry date: 12 months from date of manufacture. 100% new" was exported by a company in China to a company in Vietnam.

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
2024-09-24	$000/kg	Astragalus membranaceus Fabaceae (root), unseasoned (marinated, sliced, cut, processed) for food use. Packaged 35kg/package. Manufacturer: June 1, 2024. Expiry date: 12 months from date of manufacture. 100% new	Company name	China	Company name	Vietnam
2024-07-31	$000/kg	100% ORGANIC SHANTHAVARI ROOT CUT	Company name	India	Company name	United States
2024-06-12	$000/kg	Moc Huong, Radix Aucklandiae, Roots, Raw herbal ingredients; Manufacturer: ANHUI XIEHECHENG CHINESE HERB LIMITED CORPORATION, Expiry date: 24 months from May 28, 2024, Lot number: 24060334,	Company name	China	Company name	Vietnam

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

FAQ for global Fresh Licorice Root price

What is the HS code for Fresh Licorice Root?

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

What varieties are there for Fresh Licorice Root?

Tridge provides domestic price data for various Fresh 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 Fresh Licorice Root calculated?

The low and high prices are based on global data for Fresh 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 Fresh Licorice Root on Tridge?

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