What is the price of malt extract per kilogram/pound in Cyprus today?
The retail price range for Cyprus malt extract is between US$ 10.17 and US$ 14.53 per kilogram or between US$ 4.61 and US$ 6.59 per pound(lb). Click here to see today's exact prices of malt extract in Cyprus
The retail price range in Euro for malt extract is between EUR 9.40 and EUR 13.43 per kilogram or between EUR 4.26 and EUR 6.09 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus malt extract is between US$ 7.12 and US$ 10.17 per kilogram or between US$ 3.23 and US$ 4.61 per pound(lb).
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Cyprus Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Cyprus over the last five years has seen a significant fluctuation. In 2017, the price was 4.00 US$ per kg, followed by a decrease to 3.00 US$ per kg in 2018. In 2019, the price rose to 3.24 US$ per kg, before dropping to 2.08 US$ per kg in 2020. The price remained steady at 2.00 US$ per kg in 2021 and 2022. Based on this data, it is predicted that the export price per kilogram of Malt Extract from Cyprus will remain steady at 2.00 US$ per kg in 2023 and 2024.The exports of malt extract from Cyprus are classified as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Cyprus Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Cyprus over the last five years has been quite volatile. In 2016, the price was at its lowest at $2.00, before increasing to $4.00 in 2017. The price then dropped to $3.00 in 2018 and 2019, before decreasing further to $2.08 in 2020. The price then remained steady at $2.00 in 2021 and 2022. Looking ahead, it is likely that the import price per kilogram of Malt Extract into Cyprus will remain steady at $2.00 in 2023 and 2024.Export values for Cyprus malt extract
The total values in export for malt extract in Cyprus were US$ 2, US$ 4, US$ 15 and US$ 81 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cyprus: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across Middle East: Bahrain malt extract, Cyprus malt extract, Iraq malt extract, Israel malt extract, Jordan malt extract, Kuwait malt extract, Lebanon malt extract, Palestine malt extract, Oman malt extract & Qatar malt extract.
Cyprus malt extract - Production, Exports, Imports, Seasons and HS Codes
The amount of malt extract sold by Cyprus in 2020 was 36 tons. In 2019 Cyprus shipped 25 tonnes of malt extract. Through 2019 alone, the interest in Cyprus malt extract (processed category) has escalated, recording a change of 400 % compared to the year 2018. Between 2017 and 2019, malt extract's exports increased by 2400% earning the nation US$0.08m for the year 2019. Cyprus' malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Cyprus malt extract export values
In 2019, Cyprus exported malt extract worth 0.08m USD, an increase of 433.33% from 2018's total malt extract export of 0.015m USD. The yearly increase in value of Cyprus malt extract between 2017 to 2018 was 275 percent.
The yearly variation in the quantity of Cyprus' malt extract exports between 2017 and 2019 was 2400 per cent in comparison to a variation of 400% in the period between 2018 and 2019.
Export markets for Cyprus malt extract ( in '000$ )
Cyprus' leading destinations for malt extract are Greece, United Kingdom (UK), Ghana, Germany and Australia.
Cyprus imported 802 tonnes of malt extract in 2019.