Derived Products
Liquorice Confection
Raw Materials
Fresh Licorice Root
HS Code
130212
Last Updated
2026-06-11
Key takeaways for search and sourcing teams
- South Korea Licorice Root Extract market intelligence page includes 0 premium suppliers.
- 5 sampled export transactions for South Korea are summarized.
- 7 export partner companies and 13 import partner companies are mapped for Licorice Root Extract in South Korea.
- Wholesale sample entries: 0; farmgate sample entries: 0.
- 0 export partner countries and 5 import partner countries are ranked.
- Latest reference year in this page dataset is 2024.
- Page data last updated on 2026-06-11.
Licorice Root Extract Export Supplier Intelligence, Price Trends, and Trade Flows in South Korea
7 export partner companies are tracked for Licorice Root Extract in South Korea. Use Supply Chain Intelligence company profiles and analytics to validate exporter coverage, partner quality, and route priorities.
Explore Licorice Root Extract export intelligence in South Korea, including 5 sampled supplier transactions, monthly unit-price ranges, and partner-country trade flow patterns for HS Code 130212.
Scatter points are sampled from 93.1% of the full transaction dataset.
Sample Export Supplier Transaction Records for Licorice Root Extract in South Korea
5 sampled Licorice Root Extract transactions in South Korea include date, origin, and partner-country context to benchmark export prices and supplier trading patterns.
Licorice Root Extract sampled transaction unit prices by date in South Korea: 2026-04-02: 77.59 USD / kg, 2026-03-13: 77.59 USD / kg, 2026-01-22: 450.00 USD / kg, 2026-01-07: 14.41 USD / kg, 2026-01-07: 14.41 USD / kg.
| Date | Reported Product | Unit Price | Exporter | Importer | |
|---|---|---|---|---|---|
| 2026-04-02 | LIC***** ******** ***** ******* * ** ********** ****** * ****************** ******** ***** ******* * ** ********** ****** * *** | 77.59 USD / kg | (South Korea) | (India) | |
| 2026-03-13 | LIC***** ******** ***** ******* * ** ********** ****** * ****************** ******** ***** ******* * ** ********** ****** * *** | 77.59 USD / kg | (South Korea) | (India) | |
| 2026-01-22 | Sta****** ******** *** ** ********* ********* *********** | 450.00 USD / kg | (South Korea) | (Philippines) | |
| 2026-01-07 | IND*** ******** ******* *** ***** **** ** **** **** | 14.41 USD / kg | (South Korea) | (Philippines) | |
| 2026-01-07 | IND*** ******** ******* *** ***** **** ** **** **** | 14.41 USD / kg | (South Korea) | (Philippines) |
Top Licorice Root Extract Export Suppliers and Companies in South Korea
Review leading exporter profiles and benchmark them against 7 total export partner companies tracked for Licorice Root Extract in South Korea. Use Supply Chain Intelligence company profiles and analytics to shortlist sourcing and export partners faster.
(South Korea)
Latest Export Transaction: 2026-05-11
Industries: Food Services And Drinking Places
Value Chain Roles: Retail
(South Korea)
Latest Export Transaction: 2026-05-11
Employee Size: 101 - 500 Employees
Sales Revenue: USD Over 1B
Industries: Food ManufacturingFood Services And Drinking PlacesOthers
Value Chain Roles: Distribution / WholesaleFood ManufacturingOthers
(South Korea)
Latest Export Transaction: 2026-05-11
Industries: Food Wholesalers
Value Chain Roles: Distribution / WholesaleTrade
(South Korea)
Latest Export Transaction: 2026-05-11
Employee Size: 51 - 100 Employees
Sales Revenue: USD 10M - 50M
Industries: Beverage ManufacturingFood Manufacturing
Value Chain Roles: Food ManufacturingTrade
(South Korea)
Latest Export Transaction: 2026-05-11
Employee Size: 1 - 10 Employees
Industries: Food ManufacturingFood Packaging
Value Chain Roles: Distribution / WholesaleFood Manufacturing
(South Korea)
Latest Export Transaction: 2026-05-11
Industries: Food Manufacturing
Value Chain Roles: Food Manufacturing
South Korea Export Partner Coverage
7 companies
Total export partner company count is a core signal of South Korea export network depth for Licorice Root Extract.
Exporters and importers can open Supply Chain Intelligence company profiles and analytics to assess Licorice Root Extract partner concentration, capacity signals, and trade relevance in South Korea.
Licorice Root Extract Import Buyer Intelligence and Price Signals in South Korea: Buyers, Demand, and Trade Partners
13 import partner companies are tracked for Licorice Root Extract in South Korea. Exporters and importers can use Supply Chain Intelligence company profiles and analytics to analyze buyer demand, partner density, and downstream channels.
Scatter points are sampled from 88.4% of the full transaction dataset.
Sample Import Transaction and Price Records for Licorice Root Extract in South Korea
5 sampled Licorice Root Extract import transactions in South Korea provide date, origin, and trade-country context to benchmark price levels and demand-side trading patterns.
Licorice Root Extract sampled import transaction unit prices by date in South Korea: 2026-04-23: 7.50 USD / kg, 2026-04-23: 7.50 USD / kg, 2026-04-23: 7.50 USD / kg, 2026-04-10: 145.00 USD / kg, 2026-04-09: 150.00 USD / kg.
| Date | Reported Product | Unit Price | Exporter | Importer | Origin | |
|---|---|---|---|---|---|---|
| 2026-04-23 | [감초*** *** ***** ******************* ********** ******** | 7.50 USD / kg | (-) | (-) | - | |
| 2026-04-23 | [감초*** *** ***** ******************* ********** ******** | 7.50 USD / kg | (-) | (-) | - | |
| 2026-04-23 | [감초*** *** ***** ******************* ********** ******** | 7.50 USD / kg | (-) | (-) | - | |
| 2026-04-10 | [스페***************** **************************** ******* | 145.00 USD / kg | (-) | (-) | - | |
| 2026-04-09 | [스페***************** ***************************** **** ******** ******* | 150.00 USD / kg | (-) | (-) | - |
Top Licorice Root Extract Buyers, Importers, and Demand Partners in South Korea
Review leading buyer profiles and compare them with 13 total import partner companies tracked for Licorice Root Extract in South Korea. Exporters and importers can use Supply Chain Intelligence company profiles and analytics to evaluate demand-side partner fit.
(South Korea)
Latest Import Transaction: 2026-05-11
Employee Size: 1 - 10 Employees
Industries: Food ManufacturingOnline Retail And Fulfillment
Value Chain Roles: Distribution / WholesaleFood Manufacturing
(South Korea)
Latest Import Transaction: 2026-05-11
Employee Size: 1 - 10 Employees
Industries: Others
Value Chain Roles: Trade
(South Korea)
Latest Import Transaction: 2026-05-11
Industries: Others
Value Chain Roles: Distribution / Wholesale
(South Korea)
Latest Import Transaction: 2026-05-11
Industries: Food WholesalersOthers
Value Chain Roles: Distribution / WholesaleTrade
(South Korea)
Latest Import Transaction: 2026-05-11
Sales Revenue: USD 50M - 100M
Industries: Food Manufacturing
Value Chain Roles: Food Manufacturing
(South Korea)
Latest Import Transaction: 2026-05-11
Employee Size: 1 - 10 Employees
Sales Revenue: USD 1M - 5M
Industries: Brokers And Trade AgenciesFood Wholesalers
Value Chain Roles: Distribution / WholesaleTrade
South Korea Import Partner Coverage
13 companies
Import partner company count highlights demand-side visibility for Licorice Root Extract in South Korea.
Use Supply Chain Intelligence analytics and company profiles to identify active Licorice Root Extract importers, distributors, and buyer networks in South Korea.
Annual Import Value, Volume, and Demand Size for Licorice Root Extract in South Korea (HS Code 130212)
Track 2 years of Licorice Root Extract import volume and value in South Korea to assess demand growth and market momentum.
| Year | Volume | Value |
|---|---|---|
| 2023 | 37,687 | 1,426,475 USD |
| 2022 | 47,511 | 1,818,994 USD |
Top Origin Supplier Countries Supplying Licorice Root Extract to South Korea (HS Code 130212) in 2024
For 2024, compare import volume and value across the top 5 origin supplier countries supplying Licorice Root Extract to South Korea.
| Rank | Country | Volume | Value |
|---|---|---|---|
| 1 | China | 44,671.235 | 796,654 USD |
| 2 | India | 4,805.3 | 717,255 USD |
| 3 | United States | 241.9 | 44,487 USD |
| 4 | Philippines | 2 | 917 USD |
| 5 | Vietnam | 10 | 35 USD |
Classification
Product TypeIngredient
Product FormBotanical extract (typically powder or liquid concentrate)
Industry PositionFood, supplement, and herbal-product ingredient (licorice-derived extract)
Market
In South Korea, licorice-root-extract is primarily an imported botanical ingredient used in downstream food manufacturing, health functional food products, and herbal/pharma-adjacent formulations. Trade statistics for HS 1302.12 (extracts of liquorice) indicate Korea is an importing market for this product category. Market access and commercialization risk in Korea is driven less by farming/seasonality and more by MFDS import-safety controls, intended-use classification (food ingredient/additive vs. health functional food), and quality specifications anchored in MFDS pharmacopoeia standards for licorice materials. As a result, suppliers typically compete on compliant documentation, consistent marker-compound assays, and contaminant control aligned to Korean requirements.
Market RoleNet importer and downstream manufacturing/consumer market (HS 1302.12 category)
Domestic RoleImported ingredient used in domestic manufacturing (food, health functional foods, and herbal-product supply chains) under MFDS oversight
Specification
Primary VarietyLicorice (Glycyrrhiza spp.) — Korean Pharmacopoeia / Korean Herbal Pharmacopoeia monograph reference material
Physical Attributes
- For licorice-derived materials used in Korea, MFDS monographs describe characteristic appearance/odor and a sweet taste profile as part of identity testing (reference for raw material/powder inputs used in supply chains).
Compositional Metrics
- MFDS monograph assay references for licorice materials include marker-compound quantification (e.g., glycyrrhizic acid/glycyrrhizin and related flavonoid markers depending on monograph), which importers may use to set COA specifications for licorice-derived ingredients.
- MFDS Korean Pharmacopoeia monograph for licorice includes safety/quality tests and limits (e.g., heavy metals, sulfur dioxide, aflatoxins, and pesticide-residue requirements) that can be used as a compliance checklist when importing licorice-derived ingredients into Korea.
Supply Chain
Value Chain
- Overseas extraction/standardization → bulk packing (drums/bags) → sea freight to Korea → MFDS imported-food import declaration/inspection as applicable → Korea Customs clearance → domestic ingredient distributor → food/supplement/herbal-product manufacturer
Freight IntensityLow
Transport ModeSea
Risks
Regulatory Compliance HighImport clearance can be blocked or significantly delayed if the licorice-root-extract is misclassified for its intended use (e.g., positioned with functional claims without meeting the Korean health functional food pathway) or if MFDS import declaration/inspection requirements are not met for the applicable product category.Pre-align product positioning (food ingredient vs. functional ingredient), prepare a Korea-ready dossier (specs, COA, process summary, contaminants/residues), and run a pre-shipment document/QC checklist mapped to MFDS import requirements and the importer’s inspection history.
Food Safety MediumLicorice-derived ingredients carry safety and compliance sensitivity due to active constituents (e.g., glycyrrhizin/glycyrrhizic acid) and contaminant/residue expectations; noncompliant marker levels or exceedances of contaminant/residue limits referenced in Korean standards can trigger rejection or corrective actions.Standardize marker-compound specifications, test each lot for relevant contaminants/residues, and ensure the COA and methods are consistent with Korean expectations and buyer requirements.
Documentation Gap MediumDiscrepancies between shipping documents, HS description, and product identity/specification (e.g., extract type, standardization basis, intended use) can trigger customs/MFDS queries and delay release.Keep product name/spec consistent across invoice, packing list, COA, and labels; provide a one-page technical sheet stating extract form, standardization marker(s), and intended use in Korea.
FAQ
Which Korean authorities are typically involved in importing licorice-root-extract for commercial use?Korea Customs Service manages customs import procedures, and the Ministry of Food and Drug Safety (MFDS) is the key authority for imported food safety oversight and related compliance when the product is handled as a food/ingredient category.
What documents are commonly needed for customs import clearance into Korea for this type of ingredient shipment?Commonly required documents include a commercial invoice, packing list, and bill of lading (or air waybill). A certificate of origin is typically needed when claiming preferential tariff treatment under an FTA, and buyers commonly require a supplier COA for marker compounds and contaminants.
What is a common regulatory pitfall when selling licorice-root-extract products in Korea?A common pitfall is positioning the product with functional or health claims without meeting Korea’s health functional food requirements. If the product is marketed with function claims, MFDS functional-ingredient recognition and category-specific compliance obligations may apply beyond standard ingredient import procedures.
Sources
Other Licorice Root Extract Country Markets for Supplier, Export, and Price Comparison from South Korea
Compare Licorice Root Extract supplier coverage, trade flows, and price benchmarks across countries related to South Korea.
All related country market pages: China, France, Turkiye, United States, Germany, Iran, United Arab Emirates, Spain, Italy, Indonesia, Japan, Denmark, Pakistan, Poland, Russia, Australia, Switzerland, India, Greece, Thailand, Vietnam, Hungary, Uzbekistan, Argentina, Bulgaria, Finland, Netherlands, Singapore, Lithuania, Romania, Azerbaijan, Egypt, United Kingdom, Malaysia, Israel, Austria, Serbia, Canada, Slovakia, Brazil, Philippines, Sweden, South Africa, Saudi Arabia, Uruguay, Belgium, Norway, Chile, Taiwan, Hong Kong, Czechia, Jordan, Estonia, New Zealand, Iceland, Kazakhstan, Ireland, Myanmar [Burma], Ukraine, Bosnia and Herzegovina, Barbados, Bangladesh, Bahrain, Bermuda, Bolivia, Botswana, Democratic Republic of the Congo, Ivory Coast, Colombia, Cyprus, Ecuador, Ethiopia, Gabon, Ghana, Guatemala, Croatia, Jamaica, Kenya, Kyrgyzstan, Kuwait, Sri Lanka, Luxembourg, Latvia, Morocco, Madagascar, Macedonia, Mongolia, Malta, Malawi, Mexico, Namibia, Nigeria, Nepal, Oman, Peru, Portugal, Paraguay, Slovenia, Senegal, El Salvador, Swaziland, Tunisia, Tanzania, Uganda, Zimbabwe
Related Licorice Root Extract Product Categories
Browse parent, sub, derived, and raw-material product market pages related to Licorice Root Extract.
Derived products: Liquorice Confection
Raw materials: Fresh Licorice Root
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