Price for Vegetable Saps and Extracts; of Hops in Sweden - 2023
Contents:
- Price for Vegetable Saps and Extracts; of Hops in Sweden (CIF) - 2023
- Price for Vegetable Saps and Extracts; of Hops in Sweden (FOB) - 2022
- Imports of Vegetable Saps and Extracts; of Hops in Sweden
- Exports of Vegetable Saps and Extracts; of Hops in Sweden
Price for Vegetable Saps and Extracts; of Hops in Sweden (CIF) - 2023
The average import price for vegetable saps and extracts; of hopses stood at $10,748 per ton in October 2023, which is down by -68.6% against the previous month. Overall, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 919% month-to-month. Over the period under review, average import prices reached the peak figure at $70,407 per ton in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($10,471 per ton), while the price for Denmark totaled $7,684 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Saps and Extracts; of Hops in Sweden (FOB) - 2022
In 2022, the average export price for vegetable saps and extracts; of hopses amounted to $12,780 per ton, which is down by -18% against the previous year. Overall, the export price showed a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. As a result, the export price reached the peak level of $41,143 per ton. From 2019 to 2022, the average 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 Norway ($73,090 per ton), while the average price for exports to Finland ($2,167 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 Lithuania (-2.6%), while the prices for the other major destinations experienced a decline.
Imports of Vegetable Saps and Extracts; of Hops in Sweden
In 2022, overseas purchases of vegetable saps and extracts; of hopses decreased by -35.4% to 24 tons, falling for the second year in a row after two years of growth. In general, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 130% against the previous year. As a result, imports reached the peak of 62 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 contracted notably to $1M in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Vegetable Saps and Extracts; of Hops in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 784 | 1,241 | 946 | 710 | -3.3% |
| Belgium | 275 | 437 | 229 | 282 | 0.8% |
| United Kingdom | 130 | 97.5 | 41.0 | 0.1 | -90.8% |
| Others | 5.8 | 31.3 | 13.6 | 12.4 | 28.8% |
| Total | 1,195 | 1,807 | 1,229 | 1,005 | -5.6% |
Top Suppliers of Vegetable Saps and Extracts; of Hops to Sweden in 2022:
- Germany (12.9 tons)
- Belgium (10.8 tons)
Exports of Vegetable Saps and Extracts; of Hops in Sweden
In 2022, approx. 1.7 tons of vegetable saps and extracts; of hopses were exported from Sweden; with an increase of 25% against 2021 figures. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 283% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vegetable saps and extracts; of hopses amounted to $22K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 138% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Vegetable Saps and Extracts; of Hops in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 5.2 | 15.9 | 11.5 | 48.7% |
| Norway | N/A | N/A | 4.2 | 8.1 | 92.9% |
| Lithuania | 6.8 | 3.9 | 0.9 | 2.1 | -32.4% |
| Finland | N/A | N/A | 0.7 | 0.6 | -14.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.8 | 9.1 | 21.7 | 22.3 | 48.6% |
Top Export Markets for Vegetable Saps and Extracts; of Hops from Sweden in 2022:
- Denmark (1258.0 kg)
- Finland (294.0 kg)
- Norway (111.0 kg)
- Lithuania (85.0 kg)
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