Price for Vegetable Saps and Extracts; Opium in Switzerland - 2023

Contents:

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

Price for Vegetable Saps and Extracts; Opium in Switzerland (FOB) - 2022

In 2022, the average export price for vegetable saps and extracts; opia amounted to $162,567 per ton, growing by 46% against the previous year. In general, the export price showed moderate growth. The growth pace was the most rapid in 2018 when the average export price increased by 59%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($458,995 per ton), while the average price for exports to Belgium ($31,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.2%), while the prices for the other major destinations experienced a decline.

Price for Vegetable Saps and Extracts; Opium in Switzerland (CIF) - 2022

The average import price for vegetable saps and extracts; opia stood at $91,360 per ton in 2022, picking up by 109% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +41.1% per year.

Exports of Vegetable Saps and Extracts; Opium in Switzerland

In 2022, overseas shipments of vegetable saps and extracts; opia were finally on the rise to reach 381 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt decrease.

In value terms, vegetable saps and extracts; opium exports skyrocketed to $62K in 2022. In general, exports, however, showed a noticeable slump.

Export of Vegetable Saps and Extracts; Opium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A36.70%
Germany1.00.70.314.9146.1%
El Salvador0.40.30.17.9170.3%
Belgium0.10.1N/A2.4188.4%
Zimbabwe1.61.80.7N/A-33.9%
MalaysiaN/A0.4N/AN/A0%
Indonesia52.944.318.0N/A-41.7%
Taiwan (Chinese)8.46.12.2N/A-48.8%
Others2.31.70.8N/A-41.0%
Total66.655.522.161.9-2.4%

Top Export Markets for Vegetable Saps and Extracts; Opium from Switzerland in 2022:

  1. Germany (200.0 kg)
  2. Brazil (80.0 kg)
  3. Belgium (77.0 kg)
  4. El Salvador (24.0 kg)

Imports of Vegetable Saps and Extracts; Opium in Switzerland

In 2022, supplies from abroad of vegetable saps and extracts; opia decreased by -3.2% to 300 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 144% against the previous year. As a result, imports attained the peak of 2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, vegetable saps and extracts; opium imports soared to $27K in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 327%. As a result, imports reached the peak of $75K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Vegetable Saps and Extracts; Opium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.15.11.427.4106.8%
United Kingdom0.439.15.3N/A264.0%
France9.617.14.2N/A-33.9%
ItalyN/A0.8N/AN/A0%
United States1.54.10.4N/A-48.4%
Others3.09.12.1N/A-16.3%
Total17.675.213.627.415.9%

Top Suppliers of Vegetable Saps and Extracts; Opium to Switzerland in 2022:

  1. India (300.0 kg)

Source: IndexBox Market Intelligence Platform

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