Price for Vegetable Saps and Extracts; Opium in Germany - 2023

Contents:

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

Price for Vegetable Saps and Extracts; Opium in Germany (CIF) - 2022

The average import price for vegetable saps and extracts; opia stood at $103,635 per ton in 2022, reducing by -13.7% against the previous year. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs at $174,350 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($120,127 per ton), while the price for India ($80,281 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Vegetable Saps and Extracts; Opium in Germany (FOB) - 2022

In 2022, the average export price for vegetable saps and extracts; opia amounted to $405,000 per ton, with a decrease of -22% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 149% against the previous year. The export price peaked at $518,920 per ton in 2021, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +55.4% per year.

Imports of Vegetable Saps and Extracts; Opium in Germany

In 2022, approx. 2.9 tons of vegetable saps and extracts; opia were imported into Germany; waning by -4.2% on 2021. Over the period under review, imports, however, saw a temperate expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 328%. As a result, imports attained the peak of 3 tons, and then reduced modestly in the following year.

In value terms, vegetable saps and extracts; opium imports shrank markedly to $298K in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 266% against the previous year. As a result, imports reached the peak of $360K, and then fell significantly in the following year.

Import of Vegetable Saps and Extracts; Opium in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France235N/A360201-5.1%
India36.882.8N/A80.329.7%
Switzerland30.815.6N/A16.5-18.8%
OthersN/AN/AN/AN/A0%
Total30298.4360298-0.4%

Top Suppliers of Vegetable Saps and Extracts; Opium to Germany in 2022:

  1. France (1675.0 kg)
  2. India (1000.0 kg)
  3. Switzerland (200.0 kg)

Exports of Vegetable Saps and Extracts; Opium in Germany

After two years of decline, overseas shipments of vegetable saps and extracts; opia decreased by -84% to 4 kg in 2022. Over the period under review, exports faced a sharp decrease.

In value terms, vegetable saps and extracts; opium exports fell rapidly to $1.6K in 2022. Overall, exports showed a dramatic decline.

Export of Vegetable Saps and Extracts; Opium in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1.8N/AN/A1.6-3.9%
Luxembourg1.2N/AN/AN/A0%
Switzerland17.5N/A13.0N/A-13.8%
OthersN/AN/AN/AN/A0%
Total20.4N/A13.01.6-57.2%

Top Export Markets for Vegetable Saps and Extracts; Opium from Germany in 2022:

  1. Finland (4.0 kg)

Source: IndexBox Market Intelligence Platform

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