Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland - 2023

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland (FOB) - 2022
  2. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland (CIF) - 2022
  3. Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland
  4. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland (FOB) - 2022

The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $5,091 per ton in 2022, waning by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2017 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices attained the maximum at $6,183 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($6,589 per ton), while the average price for exports to Germany ($4,959 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 (+2.5%).

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland (CIF) - 2022

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $8,387 per ton, growing by 138% against the previous year. Overall, the import price showed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($16,076 per ton), while the price for Germany amounted to $4,359 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced a decline.

Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland

In 2022, exports of hop cones; neither ground nor powdered nor in the form of pelletses from Poland shrank to 1.7K tons, waning by -12.9% compared with 2021. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses contracted notably to $8.6M in 2022. In general, exports continue to indicate a deep setback. The smallest decline of -1% was in 2021.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.69.28.67.6-13.1%
United Kingdom0.30.91.20.732.6%
BelarusN/AN/AN/A0.30%
OthersN/A0.50.6N/A20.0%
Total11.910.510.48.6-10.3%

Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Poland in 2022:

  1. Germany (1536.2 tons)
  2. United Kingdom (110.9 tons)
  3. Belarus (47.2 tons)

Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland

In 2022, supplies from abroad of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -48.3% to 7.7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 239% against the previous year.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $65K in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 131% against the previous year. Over the period under review, imports of hop cones; neither ground nor powdered nor in form of pelletses reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.942.54622.2%
Germany18.4N/A18.122.06.1%
SerbiaN/A42.433.4N/A-21.2%
OthersN/A0.1N/AN/A0%
Total18.442.452.464.551.9%

Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Poland in 2022:

  1. Germany (5.0 tons)
  2. United Kingdom (2.6 tons)

Source: IndexBox Market Intelligence Platform

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