Price for Vegetable Saps and Extracts; of Hops in New Zealand - 2024
Contents:
- Price for Vegetable Saps and Extracts; of Hops in New Zealand (CIF) - 2022
- Price for Vegetable Saps and Extracts; of Hops in New Zealand (FOB) - 2022
- Imports of Vegetable Saps and Extracts; of Hops in New Zealand
- Exports of Vegetable Saps and Extracts; of Hops in New Zealand
Price for Vegetable Saps and Extracts; of Hops in New Zealand (CIF) - 2022
The average import price for vegetable saps and extracts; of hopses stood at $33,535 per ton in 2022, picking up by 9.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 47% against the previous year. As a result, import price reached the peak level of $34,029 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($157,878 per ton), while the price for Germany ($25,308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Saps and Extracts; of Hops in New Zealand (FOB) - 2022
The average export price for vegetable saps and extracts; of hopses stood at $15,019 per ton in 2022, which is down by -21.8% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 an increase of 17%. Over the period under review, the average export prices hit record highs at $44,372 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Cook Islands ($34,057 per ton), while the average price for exports to the UK ($10,968 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 Cook Islands (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetable Saps and Extracts; of Hops in New Zealand
In 2022, the amount of vegetable saps and extracts; of hopses imported into New Zealand skyrocketed to 32 tons, increasing by 102% compared with the previous year. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable saps and extracts; of hopses skyrocketed to $1.1M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Saps and Extracts; of Hops in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 205 | 139 | 161 | 914 | 64.6% |
| Australia | 43.5 | 221 | 241 | 91.6 | 28.2% |
| Germany | 134 | 24.3 | 78.1 | 49.4 | -28.3% |
| Others | 15.7 | 18.7 | 4.0 | 12.1 | -8.3% |
| Total | 398 | 403 | 484 | 1,067 | 38.9% |
Top Suppliers of Vegetable Saps and Extracts; of Hops to New Zealand in 2022:
- United States (26.3 tons)
- Australia (3.4 tons)
- Germany (2.0 tons)
Exports of Vegetable Saps and Extracts; of Hops in New Zealand
In 2022, approx. 1.7 tons of vegetable saps and extracts; of hopses were exported from New Zealand; which is down by -64.2% on the previous year. Over the period under review, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year.
In value terms, exports of vegetable saps and extracts; of hopses fell notably to $25K in 2022. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.
| Export of Vegetable Saps and Extracts; of Hops in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 9.0 | 0% |
| Vietnam | N/A | N/A | N/A | 7.2 | 0% |
| United Kingdom | 17.1 | N/A | N/A | 4.1 | -37.9% |
| Australia | 118 | 36.2 | 28.3 | 1.7 | -75.7% |
| Cook Islands | 6.7 | N/A | N/A | 1.2 | -43.6% |
| Fiji | 1.3 | 0.8 | 3.6 | 1.0 | -8.4% |
| Poland | N/A | N/A | 10.5 | 0.7 | -93.3% |
| China | 162 | N/A | N/A | N/A | 0% |
| Germany | 37.2 | N/A | 40.9 | N/A | 4.9% |
| United States | 399 | 4.2 | 0.8 | N/A | -95.5% |
| Brazil | 38.5 | 24.9 | N/A | N/A | -35.3% |
| Others | 12.0 | 12.7 | 4.5 | N/A | -38.8% |
| Total | 792 | 78.7 | 88.7 | 24.8 | -68.5% |
Top Export Markets for Vegetable Saps and Extracts; of Hops from New Zealand in 2022:
- Singapore (656.0 kg)
- Vietnam (378.0 kg)
- United Kingdom (370.0 kg)
- Australia (101.0 kg)
- Poland (60.0 kg)
- Fiji (53.0 kg)
- Cook Islands (35.0 kg)
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