Turkmenistan increases export of licorice root

Business Materials 7 January 2020 14:40 (UTC +04:00)
Turkmenistan increases export of licorice root

ASHGABAT, Turkmenistan, Jan. 7

By Huseyn Hasanov – Trend:

Buyan Agro Industrial Complex located in Turkmenabad city in the north-east of Turkmenistan plans to increase export of licorice root, Trend reports referring to Business Turkmenistan agency on Jan. 7.

Concentrated and dry licorice extract, widely used in medicine, are exported to Serbia, China, Great Britain, the UAE and India.

Over 54,000 tons of licorice root were harvested in the country 2019. An increase of 104 percent was achieved in export of thick and dry licorice extract, and in export of pure licorice root grew by 105 percent, the agency said.

For the first time, production of licorice root products was established at the complex by the Anglo-American company Mark Andrews at the beginning of the last century.

Initially, company harvested sweet licorice root, which grew on the banks of the Amu Darya, in the vicinity of the city, and in 1906, it built a press plant there.

Buyan Agro Industrial Complex was commissioned in 1991.

Thirteen licorice species grow in the world, and four of them grow in Turkmenistan.