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

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

The average import price for vegetable saps and extracts; of hopses stood at $24,561 per ton in 2022, waning by -56.4% against the previous year. Overall, the import price saw a pronounced setback. Over the period under review, average import prices attained the peak figure at $56,372 per ton in 2021, and then shrank dramatically in the following year.

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 Germany ($50,700 per ton), while the price for the United States totaled $24,161 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.9%).

Imports of Vegetable Saps and Extracts; of Hops in Pakistan

In 2022, the amount of vegetable saps and extracts; of hopses imported into Pakistan surged to 1.3 tons, increasing by 456% on 2021. Over the period under review, imports continue to indicate significant 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 $33K in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.