Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $14,991 per ton in 2022, picking up by 14% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; ground, powdered or in the form of pellets; lupulin increased by +18.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 54% against the previous year. The import price peaked at $15,015 per ton in 2018; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($39,596 per ton), while the price for Poland ($10,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $12,535 per ton in 2022, increasing by 19% against the previous year. Overall, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. As a result, the export price attained the peak level of $17,101 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($20,894 per ton), while the average price for exports to Latvia ($9,490 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 Germany (+36.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Lithuania reached 113 tons, picking up by 2.6% against the previous year. Over the period under review, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 3.9%. As a result, imports reached the peak of 144 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $1.7M in 2022. In general, imports, however, showed a perceptible descent.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,055 | 1,104 | 1,106 | 1,045 | -0.3% |
| Belgium | 104 | 87.7 | 145 | 387 | 55.0% |
| United Kingdom | 557 | 407 | 91.9 | 88.4 | -45.9% |
| Poland | 83.3 | 95.0 | 36.9 | 79.3 | -1.6% |
| Czech Republic | 50.7 | 44.4 | 32.6 | 18.0 | -29.2% |
| Others | 51.8 | 77.8 | 30.9 | 69.7 | 10.4% |
| Total | 1,902 | 1,816 | 1,443 | 1,687 | -3.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Lithuania in 2022:
- Germany (86.2 tons)
- Belgium (9.8 tons)
- Poland (7.9 tons)
- United Kingdom (4.7 tons)
- Czech Republic (1.2 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from Lithuania skyrocketed to 35 tons, picking up by 85% against the previous year's figure. Overall, exports, however, continue to indicate a noticeable shrinkage.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin surged to $435K in 2022. Over the period under review, exports, however, faced a abrupt slump.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 597 | 502 | 74.0 | 310 | -19.6% |
| Belarus | N/A | 24.4 | 46.9 | 45.8 | 37.0% |
| Estonia | 0.7 | 0.2 | 12.6 | 41.0 | 288.4% |
| Latvia | 15.8 | 33.0 | 29.0 | 23.6 | 14.3% |
| Germany | N/A | N/A | 34.8 | 14.8 | -57.5% |
| Others | 36.2 | 12.1 | N/A | N/A | -66.6% |
| Total | 650 | 572 | 197 | 435 | -12.5% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Lithuania in 2022:
- Russia (24.6 tons)
- Estonia (4.0 tons)
- Latvia (2.5 tons)
- Belarus (2.2 tons)
- Germany (1.4 tons)
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