Price for Vegetable Saps and Extracts; of Hops in Oman - 2022

Contents:

1. Price for Vegetable Saps and Extracts; of Hops in Oman (CIF) - 2022
2. Imports of Vegetable Saps and Extracts; of Hops in Oman

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

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $32,014 per ton, surging by 74% against the previous year. Over the period under review, the import price posted a significant increase. The growth pace was the most rapid in 2021 an increase of 493% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2016 to 2022, the rate of growth in terms of prices for the UK amounted to +194.9% per year.

Imports of Vegetable Saps and Extracts; of Hops in Oman

In 2022, the amount of vegetable saps and extracts; of hopses imported into Oman contracted dramatically to 356 kg, shrinking by -57.6% on the previous year's figure. Overall, imports recorded a precipitous slump.

In value terms, imports of vegetable saps and extracts; of hopses fell notably to $11K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $15K, and then declined notably in the following year.

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

1. United Kingdom (356.0 kg)

Source: IndexBox Market Intelligence Platform