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

Contents:

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

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

The average import price for vegetable saps and extracts; of hopses stood at $57,430 per ton in 2022, stabilizing at the previous year. In general, the import price enjoyed a mild expansion. The pace of growth was the most pronounced in 2017 an increase of 107%. Over the period under review, average import prices hit record highs at $68,809 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($84,724 per ton), while the price for Austria ($21,538 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 Arab Emirates (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Vegetable Saps and Extracts; of Hops in Iran

In 2022, after three years of growth, there was significant decline in overseas purchases of vegetable saps and extracts; of hopses, when their volume decreased by -35% to 7.9 tons. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 646% against the previous year.

In value terms, imports of vegetable saps and extracts; of hopses contracted notably to $455K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 665%.

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

1. Turkey (2.4 tons)
2. Germany (2.1 tons)
3. United Arab Emirates (1.6 tons)
4. Austria (1.6 tons)

Source: IndexBox Market Intelligence Platform