Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $12,371 per ton in 2022, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 33%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,481 per ton), while the price for Germany ($9,290 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 States (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $12,207 per ton in 2022, with a decrease of -18.8% against the previous year. Overall, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs at $24,808 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($13,137 per ton), while the average price for exports to the United States ($3,353 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 Ecuador (+7.8%), while the prices for the other major destinations experienced a decline.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru
Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Peru shrank slightly to 440 tons in 2022, with a decrease of -4.6% against the year before. In general, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 86% against the previous year. As a result, imports attained the peak of 462 tons, and then declined modestly in the following year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin expanded remarkably to $5.4M in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.6 | 1.6 | 2.3 | 3.1 | 24.7% |
| United States | 2.4 | 0.7 | 2.0 | 2.2 | -2.9% |
| Czech Republic | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.4 | 0.1 | 0.0% |
| Total | 4.3 | 2.4 | 4.8 | 5.4 | 7.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Peru in 2022:
- Germany (329.4 tons)
- United States (104.1 tons)
- Czech Republic (1.7 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru
In 2022, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin increased by 14,366% to 42 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $517K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | N/A | 324 | 0% |
| Ecuador | 208 | 56.8 | 4.3 | 188 | -3.3% |
| United States | 41.4 | 5.8 | 0.1 | 5.7 | -48.4% |
| Mexico | N/A | 59.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 249 | 122 | 4.4 | 517 | 27.6% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Peru in 2022:
- Colombia (26.4 tons)
- Ecuador (14.3 tons)
- United States (1.7 tons)
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