Price for Vegetable Saps and Extracts; of Hops in Tanzania - 2022

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $26,198 per ton, approximately equating the previous year. Overall, the import price continues to indicate a measured expansion. The growth pace was the most rapid in 2014 an increase of 173% against the previous year. Over the period under review, average import prices hit record highs at $41,952 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($34,103 per ton), while the price for South Africa ($9,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+79.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Hops in Tanzania

In 2022, the amount of vegetable saps and extracts; of hopses imported into Tanzania totaled 17 tons, surging by 9.1% on the year before. In general, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 21%.

In value terms, imports of vegetable saps and extracts; of hopses rose significantly to $457K in 2022. Overall, imports, however, showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year.

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

1. United States (8.0 tons)
2. Germany (4.1 tons)
3. United Kingdom (3.3 tons)
4. South Africa (2.1 tons)

Source: IndexBox Market Intelligence Platform