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

Contents:

1. Price for Vegetable Saps and Extracts; of Hops in Egypt (CIF) - 2022
2. Imports of Vegetable Saps and Extracts; of Hops in Egypt

Price for Vegetable Saps and Extracts; of Hops in Egypt (CIF) - 2022

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $37,191 per ton, surging by 91% against the previous year. Overall, the import price, however, showed a noticeable curtailment. Over the period under review, average import prices reached the maximum at $72,235 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($243,860 per ton), while the price for the UK ($32,693 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Hops in Egypt

In 2022, the amount of vegetable saps and extracts; of hopses imported into Egypt stood at 5.7 tons, surging by 3.2% compared with the previous year. In general, imports, however, saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year.

In value terms, imports of vegetable saps and extracts; of hopses surged to $213K in 2022. Over the period under review, imports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 126% against the previous year.

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

1. Germany (5.3 tons)
2. United Kingdom (0.3 tons)
3. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform