Price for Vegetable Saps and Extracts; of Hops in Bolivia - 2023

Price for Vegetable Saps and Extracts; of Hops in Bolivia (CIF) - 2022

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $32,734 per ton, shrinking by -8.3% against the previous year. Overall, the import price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 100%. As a result, import price reached the peak level of $80,061 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($32,737 per ton), while the price for the UK ($32,579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Hops in Bolivia

In 2022, the amount of vegetable saps and extracts; of hopses imported into Bolivia declined dramatically to 2.4 tons, with a decrease of -38% against the year before. In general, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year.

In value terms, imports of vegetable saps and extracts; of hopses contracted remarkably to $79K in 2022. Overall, imports faced a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year.

Import of Vegetable Saps and Extracts; of Hops in Bolivia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	313	39.4	41.7	67.4	-40.1%
Germany	43.9	10.4	27.1	8.7	-41.7%
United Kingdom	1.5	0.3	1.0	2.5	18.6%
Brazil	35.2	8.8	32.5	N/A	-3.9%
Others	71.6	13.6	37.3	0.9	-76.7%
Total	465	72.5	140	79.5	-44.5%