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

Contents:

1. Price for Vegetable Saps and Extracts; of Hops in Greece (CIF) - 2022
2. Price for Vegetable Saps and Extracts; of Hops in Greece (FOB) - 2022
3. Imports of Vegetable Saps and Extracts; of Hops in Greece
4. Exports of Vegetable Saps and Extracts; of Hops in Greece

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

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $25,260 per ton, falling by -18.4% against the previous year. Over the period under review, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of 44% against the previous year. As a result, import price attained the peak level of $40,106 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($25,748 per ton), while the price for Italy ($10,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.4%), while the prices for the other major suppliers experienced a decline.

Price for Vegetable Saps and Extracts; of Hops in Greece (FOB) - 2022

The average export price for vegetable saps and extracts; of hopses stood at $27,864 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price continues to indicate a pronounced setback. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $422,000 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($30,250 per ton), while the average price for exports to Switzerland ($1,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+26.2%).

Imports of Vegetable Saps and Extracts; of Hops in Greece

Imports of vegetable saps and extracts; of hopses into Greece surged to 65 tons in 2022, increasing by 21% compared with the year before. In general, imports saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of vegetable saps and extracts; of hopses reduced to $1.6M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports attained the peak of $1.7M, and then shrank slightly in the following year.

Top Suppliers of Vegetable Saps and Extracts; of Hops to Greece in 2022:

1. Germany (62.1 tons)
2. Belgium (1.4 tons)
3. Italy (1.2 tons)

Exports of Vegetable Saps and Extracts; of Hops in Greece

In 2022, the amount of vegetable saps and extracts; of hopses exported from Greece stood at 22 kg, approximately reflecting the year before. Overall, exports recorded significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of vegetable saps and extracts; of hopses stood at $613 in 2022. In general, exports showed significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Vegetable Saps and Extracts; of Hops from Greece in 2022:

1. Belgium (20.0 kg)
2. Switzerland (1.0 kg)
3. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform