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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $32,049 per ton, dropping by -9.7% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. As a result, import price attained the peak level of $38,353 per ton. From 2019 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 Germany ($32,049 per ton), while the price for Denmark amounted to $32,047 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vegetable saps and extracts; of hopses amounted to $33,248 per ton, falling by -72.9% against the previous year. In general, the export price continues to indicate a dramatic descent. Over the period under review, the average export prices hit record highs at $122,807 per ton in 2021, and then fell notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2019 to 2022, the rate of growth in terms of prices for Spain amounted to +69.0% per year.

Imports of Vegetable Saps and Extracts; of Hops in Israel

In 2022, supplies from abroad of vegetable saps and extracts; of hopses increased by 52% to 7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of vegetable saps and extracts; of hopses soared to $223K in 2022. Over the period under review, imports, however, continue to indicate a noticeable contraction.

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

1. Germany (5.4 tons)
2. Denmark (1.5 tons)

Exports of Vegetable Saps and Extracts; of Hops in Israel

In 2022, the amount of vegetable saps and extracts; of hopses exported from Israel surged to 391 kg, growing by 243% compared with the previous year's figure. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetable saps and extracts; of hopses shrank to $13K in 2022. In general, exports saw a significant increase.

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

1. Italy (391.0 kg)

Source: IndexBox Market Intelligence Platform