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

Contents:

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

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

In 2022, the average import price for vegetable saps and extracts; of hopses amounted to $36,471 per ton, increasing by 37% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 39%. As a result, import price attained the peak level of $53,797 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($100,511 per ton), while the price for the Czech Republic ($13,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vegetable saps and extracts; of hopses stood at $124,507 per ton in 2022, dropping by -73.6% against the previous year. In general, the export price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 861% against the previous year. The export price peaked at $472,273 per ton in 2021, and then shrank rapidly in the following year.

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

From 2014 to 2022, the rate of growth in terms of prices for Italy amounted to +75.4% per year.

Imports of Vegetable Saps and Extracts; of Hops in Croatia

Imports of vegetable saps and extracts; of hopses into Croatia skyrocketed to 20 tons in 2022, increasing by 34% on 2021 figures. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable saps and extracts; of hopses soared to $720K in 2022. Over the period under review, imports continue to indicate pronounced growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (7.9 tons)
2. United States (7.1 tons)
3. Slovenia (1.9 tons)
4. Czech Republic (1.4 tons)
5. Belgium (0.7 tons)
6. Italy (0.5 tons)
7. United Kingdom (0.2 tons)

Exports of Vegetable Saps and Extracts; of Hops in Croatia

After two years of decline, overseas shipments of vegetable saps and extracts; of hopses increased by 223% to 71 kg in 2022. Over the period under review, exports, however, continue to indicate a significant contraction.

In value terms, exports of vegetable saps and extracts; of hopses fell to $8.8K in 2022. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 82%. As a result, the exports reached the peak of $20K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Italy (71.0 kg)

Source: IndexBox Market Intelligence Platform