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

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

The average import price for vegetable saps and extracts; opia stood at $38,964 per ton in 2022, surging by 4% against the previous year. In general, the import price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 58%. The import price peaked at $142,660 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -8.8% per year.

Imports of Vegetable Saps and Extracts; Opium in Portugal

Vegetable saps and extracts; opium imports into Portugal fell notably to 195 kg in 2022, declining by -57.4% against the year before. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 511% against the previous year. As a result, imports attained the peak of 458 kg, and then reduced rapidly in the following year.

In value terms, vegetable saps and extracts; opium imports contracted notably to $7.6K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 278%. As a result, imports attained the peak of $17K, and then contracted sharply in the following year.