Serbian Group Purchased Licorice Root Extract

Entrepreneurs recently secured a large shipment of the botanical extract through an international trading platform.

Updated on Sept. 21, 2026 in Organic Food

Bold vector editorial illustration showing dried licorice roots and dark brown resinous blocks on a table, illustrating botanical commodity trade.
Serbian entrepreneurs purchased $236,250 worth of licorice root extract through the State Commodity and Raw Materials Exchange of Turkmenistan on September 15. AI Illustration. Upload story photo >

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Entrepreneurs from Serbia completed a transaction for thick licorice root extract on the State Commodity and Raw Materials Exchange of Turkmenistan. The purchase, valued at $236,250, took place during a trading session on September 15, 2026.

Why it matters

The international trade of botanical ingredients like licorice root extract is frequently managed through specialized commodity exchanges. This transaction highlights the ongoing commercial demand for plant-based extracts sourced from international markets.

Official records from the State Commodity and Raw Materials Exchange of Turkmenistan document a single transaction for licorice root extract totaling $236,250. It remains unknown how this specific batch will be processed or marketed after export.

The players

State Commodity and Raw Materials Exchange of Turkmenistan

A centralized trading platform established in 1994 that oversees the international sale of natural resources and agricultural products.

The details

The transaction was executed via the State Commodity and Raw Materials Exchange of Turkmenistan, a venue established in 1994 to facilitate the sale of domestic resources. Licorice root extract is typically obtained through a decoction or solvent extraction process to concentrate its bioactive compounds. This refined extract is then utilized across various industries, including the production of botanical-based health and food products.

Timeline

  1. The State Commodity and Raw Materials Exchange was established in 1994.

  2. The licorice root extract transaction occurred on September 15, 2026.

Health Landscape

Global botanical markets rely on standardized trading infrastructures like the State Commodity and Raw Materials Exchange of Turkmenistan to move raw materials into commercial supply chains. This transaction reflects the broader, ongoing movement of botanical extracts intended for international manufacturing.

While this news pertains to wholesale trade, consumers interested in licorice-based products should always verify the source and testing standards of the botanicals they purchase. If you use supplements containing licorice extract, consult your doctor regarding potential interactions with medications.

The takeaway

Licorice root extract remains a high-value commodity in international trade, often moving through centralized exchanges to reach global markets. Always check the labels of botanical products for evidence of third-party quality certification or discuss supplement use with your primary care provider.

Further reading

Learn more about the quality standards and sourcing processes for botanical ingredients in our Organic Food section.

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Do you believe international trade deals generally help the domestic economy of participating nations?