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

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

The average import price for vegetable saps and extracts; of hopses stood at $16,295 per ton in 2022, with a decrease of -1.6% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 425%. As a result, import price reached the peak level of $137,000 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -9.7% per year.

Imports of Vegetable Saps and Extracts; of Hops in Uruguay

In 2022, purchases abroad of vegetable saps and extracts; of hopses decreased by -88.5% to 78 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 21,300% against the previous year.

In value terms, imports of vegetable saps and extracts; of hopses fell notably to $1.3K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 3,080% against the previous year.