Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Algeria - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Algeria (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Algeria
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Algeria (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $15,715 per ton, growing by 15% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +9.6% 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 decreased by -11.5% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 47% against the previous year. Over the period under review, average import prices attained the peak figure at $17,756 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Poland ($22,414 per ton), while the price for Germany ($12,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Algeria
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Algeria surged to 11 tons, picking up by 59% compared with the year before. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 187% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $166K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 170% against the previous year. As a result, imports attained the peak of $242K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 46.4 | 166 | 46.2 | 75.1 | 17.4% |
| France | 8.3 | 26.9 | 25.3 | 45.1 | 75.8% |
| Poland | 30.8 | 44.9 | 17.7 | 43.7 | 12.4% |
| Czech Republic | 4.2 | 4.5 | 1.3 | 2.4 | -17.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 89.7 | 242 | 90.5 | 166 | 22.8% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Algeria in 2022:
- Germany (5.8 tons)
- France (2.6 tons)
- Poland (1.9 tons)
- Czech Republic (0.2 tons)
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