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

Contents:

1. Price for Vegetable Saps and Extracts; of Hops in Poland (CIF) - 2023
2. Price for Vegetable Saps and Extracts; of Hops in Poland (FOB) - 2022
3. Imports of Vegetable Saps and Extracts; of Hops in Poland
4. Exports of Vegetable Saps and Extracts; of Hops in Poland

Price for Vegetable Saps and Extracts; of Hops in Poland (CIF) - 2023

In November 2023, the average import price for vegetable saps and extracts; of hopses amounted to $41,075 per ton, shrinking by -13.4% against the previous month. Overall, the import price recorded a perceptible reduction. The pace of growth was the most pronounced in October 2023 when the average import price increased by 144% m-o-m. Over the period under review, average import prices reached the peak figure at $69,900 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($74,135 per ton), while the price for Belgium totaled $25,635 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.7%).

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

The average export price for vegetable saps and extracts; of hopses stood at $11,361 per ton in 2022, falling by -30.4% against the previous year. Over the period under review, the export price saw a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 216%. The export price peaked at $35,507 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($22,670 per ton), while the average price for exports to the UK ($8,567 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 Germany (+3.2%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable Saps and Extracts; of Hops in Poland

In 2022, purchases abroad of vegetable saps and extracts; of hopses decreased by -28% to 122 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports attained the peak of 184 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vegetable saps and extracts; of hopses plummeted to $5M in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of $7.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Germany (109.4 tons)
2. Belgium (9.1 tons)
3. China (2.8 tons)

Exports of Vegetable Saps and Extracts; of Hops in Poland

After three years of growth, overseas shipments of vegetable saps and extracts; of hopses decreased by -97.4% to 545 kg in 2022. Overall, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 57% against the previous year.

In value terms, exports of vegetable saps and extracts; of hopses fell sharply to $6.2K in 2022. In general, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 130%. As a result, the exports attained the peak of $464K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United Kingdom (423.0 kg)
2. Serbia (97.0 kg)
3. Hungary (25.0 kg)

Source: IndexBox Market Intelligence Platform