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

Contents:

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

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

The average import price for vegetable saps and extracts; opia stood at $12,485 per ton in 2022, surging by 2.8% against the previous year. Overall, the import price, however, continues to indicate a dramatic descent. The import price peaked at $196,500 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -19.8% per year.

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

The average export price for vegetable saps and extracts; opia stood at $4,783 per ton in 2022, growing by 60% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 966%. Over the period under review, the average export prices attained the maximum at $30,847 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($20,152 per ton), while the average price for exports to the United States amounted to $2,982 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+120.1%), while the prices for the other major destinations experienced a decline.

Imports of Vegetable Saps and Extracts; Opium in Italy

In 2022, the amount of vegetable saps and extracts; opia imported into Italy dropped remarkably to 800 kg, with a decrease of -66.7% against the previous year. In general, imports faced a sharp decline.

In value terms, vegetable saps and extracts; opium imports shrank dramatically to $10K in 2022. Over the period under review, imports recorded a precipitous decrease.

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

1. Germany (800.0 kg)

Exports of Vegetable Saps and Extracts; Opium in Italy

In 2022, the amount of vegetable saps and extracts; opia exported from Italy reduced dramatically to 2.5 tons, dropping by -56.8% against the year before. Overall, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.

In value terms, vegetable saps and extracts; opium exports dropped dramatically to $12K in 2022. Over the period under review, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $130K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. United States (2.3 tons)
2. China (0.3 tons)

Source: IndexBox Market Intelligence Platform