Price for Vegetable Saps and Extracts; of Hops in Italy - 2023
Contents:
- Price for Vegetable Saps and Extracts; of Hops in Italy (CIF) - 2022
- Price for Vegetable Saps and Extracts; of Hops in Italy (FOB) - 2022
- Imports of Vegetable Saps and Extracts; of Hops in Italy
- Exports of Vegetable Saps and Extracts; of Hops in Italy
Price for Vegetable Saps and Extracts; of Hops in Italy (CIF) - 2022
In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $27,449 per ton, shrinking by -25.9% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs at $41,716 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($41,368 per ton), while the price for the Czech Republic ($16,155 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Saps and Extracts; of Hops in Italy (FOB) - 2022
In 2022, the average export price for vegetable saps and extracts; of hopses amounted to $38,013 per ton, which is down by -24.3% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vegetable saps and extracts; of hopses decreased by -40.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 42%. The export price peaked at $63,342 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($106,625 per ton), while the average price for exports to Belgium ($23,802 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Saps and Extracts; of Hops in Italy
After two years of decline, overseas purchases of vegetable saps and extracts; of hopses increased by 21% to 160 tons in 2022. In general, imports, however, showed a abrupt downturn.
In value terms, imports of vegetable saps and extracts; of hopses declined to $4.4M in 2022. Overall, imports, however, showed a deep contraction. The smallest decline of -1.2% was in 2020.
| Import of Vegetable Saps and Extracts; of Hops in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,352 | 3,430 | 2,901 | 3,105 | -2.5% |
| France | N/A | 10.4 | 16.2 | 616 | 669.6% |
| Belgium | 1,407 | 1,290 | 1,647 | 363 | -36.3% |
| Czech Republic | N/A | N/A | 221 | 269 | 21.7% |
| Netherlands | 313 | 178 | 61.6 | 25.4 | -56.7% |
| United Kingdom | 168 | 302 | 4.2 | N/A | -84.2% |
| Others | 39.5 | 3.8 | 21.4 | 2.3 | -61.2% |
| Total | 5,279 | 5,214 | 4,872 | 4,381 | -6.0% |
Top Suppliers of Vegetable Saps and Extracts; of Hops to Italy in 2022:
- Germany (105.6 tons)
- France (28.1 tons)
- Czech Republic (16.7 tons)
- Belgium (8.8 tons)
- Netherlands (0.5 tons)
Exports of Vegetable Saps and Extracts; of Hops in Italy
In 2022, overseas shipments of vegetable saps and extracts; of hopses decreased by -14.2% to 34 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume 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, exports decreased by -16.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57%. As a result, the exports attained the peak of 40 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetable saps and extracts; of hopses declined dramatically to $1.3M in 2022. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 17%.
| Export of Vegetable Saps and Extracts; of Hops in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 207 | 354 | 436 | 511 | 35.2% |
| France | 620 | 400 | 336 | 189 | -32.7% |
| Croatia | 22.8 | 25.9 | 36.0 | 107 | 67.4% |
| United States | 613 | 926 | 808 | 74.7 | -50.4% |
| Belgium | 60.3 | 44.7 | 81.5 | 70.8 | 5.5% |
| Netherlands | 7.1 | 11.9 | 16.4 | 54.1 | 96.8% |
| Denmark | 5.3 | 21.1 | 20.8 | 45.2 | 104.3% |
| Slovenia | 3.0 | 1.6 | 20.2 | 38.6 | 134.3% |
| Others | 99.7 | 136 | 226 | 195 | 25.1% |
| Total | 1,637 | 1,922 | 1,981 | 1,287 | -7.7% |
Top Export Markets for Vegetable Saps and Extracts; of Hops from Italy in 2022:
- Spain (17.7 tons)
- France (5.9 tons)
- Belgium (3.0 tons)
- Croatia (2.1 tons)
- Denmark (1.4 tons)
- Slovenia (1.0 tons)
- Netherlands (0.9 tons)
- United States (0.7 tons)
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