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

Contents:

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

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

The average import price for vegetable saps and extracts; of hopses stood at $52,459 per ton in 2022, waning by -5.8% against the previous year. In general, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2018 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $74,000 per ton in 2012; however, from 2013 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 ($54,022 per ton), while the price for India ($27,265 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 (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vegetable Saps and Extracts; of Hops in Nepal

For the third consecutive year, Nepal recorded decline in purchases abroad of vegetable saps and extracts; of hopses, which decreased by -6.6% to 5.5 tons in 2022. Overall, imports recorded a dramatic descent.

In value terms, imports of vegetable saps and extracts; of hopses contracted to $288K in 2022. Over the period under review, imports faced a precipitous descent.

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

1. Germany (5.1 tons)
2. China (0.3 tons)
3. India (0.1 tons)

Source: IndexBox Market Intelligence Platform