Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria - 2023

Contents:

  1. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria (CIF) - 2022
  2. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria (FOB) - 2022
  3. Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria
  4. Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria (CIF) - 2022

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $8,992 per ton, shrinking by -45.4% against the previous year. In general, the import price continues to indicate a mild slump. The pace of growth was the most pronounced in 2016 an increase of 39%. The import price peaked at $16,465 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($18,378 per ton), while the price for Slovenia ($7,467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria (FOB) - 2022

In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $23,664 per ton, increasing by 1.8% against the previous year. In general, the export price posted resilient growth. The pace of growth was the most pronounced in 2013 an increase of 209%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($35,334 per ton), while the average price for exports to Belgium ($4,709 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 Bosnia and Herzegovina (+24.8%), 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 Austria

In 2022, approx. 235 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Austria; with an increase of 51% against 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin fell remarkably to $2.1M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8112,2612,2171,9652.8%
Czech Republic46.278.189.973.516.7%
Slovenia19.010722560.146.8%
Others2.411.229.318.095.7%
Total1,8792,4582,5612,1174.1%

Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Austria in 2022:

  1. Germany (221.8 tons)
  2. Slovenia (8.0 tons)
  3. Czech Republic (4.0 tons)

Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria

In 2022, overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin were finally on the rise to reach 1.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp downturn.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin stood at $42K in 2022. In general, exports, however, faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 32%.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.711.734.630.213.4%
United KingdomN/AN/AN/A6.80%
Czech Republic0.1N/AN/A4.0242.0%
Slovenia1.61.42.20.7-24.1%
Belgium0.10.20.60.458.7%
Russia7.94.1N/AN/A-48.1%
Bosnia and Herzegovina24.7N/AN/AN/A0%
Mongolia5.4N/A3.5N/A-19.5%
Cuba17.97.5N/AN/A-58.1%
Estonia5.26.2N/AN/A19.2%
Others1.80.10.20.2-51.9%
Total85.531.241.242.3-20.9%

Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Austria in 2022:

  1. Germany (856.0 kg)
  2. Czech Republic (456.0 kg)
  3. United Kingdom (300.0 kg)
  4. Belgium (86.0 kg)
  5. Slovenia (81.0 kg)

Source: IndexBox Market Intelligence Platform

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