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

Contents:

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

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

In December 2023, the average import price for vegetable saps and extracts; of hopses amounted to $47,431 per ton, falling by -23.3% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable increase. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 138% m-o-m. As a result, import price attained the peak level of $65,317 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($49,242 per ton), while the price for France ($31,972 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vegetable saps and extracts; of hopses amounted to $12,877 per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a noticeable slump. The export price peaked at $60,504 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($13,008 per ton), while the average price for exports to Russia totaled $5,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+36.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vegetable Saps and Extracts; of Hops in Ukraine

In 2022, approx. 58 tons of vegetable saps and extracts; of hopses were imported into Ukraine; waning by -17.4% compared with the previous year's figure. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 4.7% against the previous year.

In value terms, imports of vegetable saps and extracts; of hopses shrank sharply to $1.9M in 2022. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2.2%.

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

1. Germany (30.9 tons)
2. United States (22.4 tons)
3. United Kingdom (4.1 tons)

Exports of Vegetable Saps and Extracts; of Hops in Ukraine

In 2022, shipments abroad of vegetable saps and extracts; of hopses decreased by -50% to 612 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a abrupt descent.

In value terms, exports of vegetable saps and extracts; of hopses fell markedly to $7.9K in 2022. In general, exports recorded a sharp shrinkage.

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

1. Belarus (602.0 kg)
2. Russia (10.0 kg)

Source: IndexBox Market Intelligence Platform