Wholesale prices of Licorice Root Powder in China
Recent wholesale prices
Over the past 4 weeks, the wholesale price of China Licorice Root Powder has typically been between $2.59 and $2.60 USD per kg, or $1.18 to $1.18 USD per pound (lb).
These prices are based on reports from regions such as Dingxi
Historical wholesale price trends
The wholesale price of China Licorice Root Powder 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 Licorice Root Powder.
Recently updated wholesale prices
Recent wholesale price of Licorice Root Powder in China was 19 CNY per 1 kg, reported on 2025-01-13.
See the table below for more recent wholesale prices.
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Export prices of Licorice Root Powder in China
Historical export price trends
The export price of Licorice Root Powder from China has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $2 USD per kg and $6.02 USD per kg. By 2024, these prices had fallen to a new range of $2 to $2 USD per kg, reflecting shifts in demand or supply for China Licorice Root Powder.
Recent export records
On 2024-09-11, Licorice Root Powder reported as "Dried licorice (Scoparia dulcis Scrophulariaceae) unseasoned (seasoned, ground), used as food. Packed 60kg/bale. 100% new. Date of manufacture: May 5, 2024. Expiry date: 12 months from date of manufacture. Origin: China" was exported by a company in China to a company in Vietnam.
See the table below for more recent transactions.
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Import prices of Licorice Root Powder in China
Historical import price trends
The import price of Licorice Root Powder to China has fluctuated over the past two years, reflecting shifting market trends. In 2023, import prices ranged from $0.61 USD per kg to $0.89 USD per kg. By 2024, price volatility persisted, with prices continuing to vary between $0.73 USD and $0.84 USD per kg, indicating ongoing market instability for Licorice Root Powder imports to China.
Recent import records
On 2024-02-22, Licorice Root Powder reported as “Солодковый корень круглый нарезанный (GLYCYRRHIZA GLABRA L.) толщиной не более 5мм. мешки по 30кг. - вес: 25950 кг, ; 2)865 мешки, ; 3) № конт.:TISU5146158, кол-во:1;” was imported by a company in China from a company in Uzbekistan.
See the table below for more recent transactions.
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FAQ for Licorice Root Powder price in China
What is the HS code for Licorice Root Powder?
The HS code for Licorice Root Powder 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 Licorice Root Powder calculated?
The low and high prices are calculated from China data for Licorice Root Powder 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 Licorice Root Powder on Tridge?
In the past 6 months, 2 Licorice Root Powder price entries were updated for China. Visit our Data Availability page for more detailed information.
How much transaction data is there for Licorice Root Powder in China in Tridge?
We have 94 transaction records for Licorice Root Powder in China. Visit our About Transaction Data page to explore its features.
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