Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $18,402 per ton in 2022, standing approx. at the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 +12.4% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $28,222 per ton. From 2018 to 2022, the average 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 Australia ($34,044 per ton), while the price for Germany ($15,642 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.6%), 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 Argentina (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $15,154 per ton in 2022, growing by 3.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 18% against the previous year. As a result, the export price reached the peak level of $15,686 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
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 Bolivia ($21,561 per ton), while the average price for exports to Canada ($8,643 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 Brazil (+9.5%), 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 Argentina
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Argentina rose sharply to 831 tons, picking up by 9.6% compared with the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 54%. As a result, imports reached the peak of 844 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin rose rapidly to $15M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 52%. Over the period under review, imports of hop cones; ground, powdered or in form of pellets; lupulin reached the maximum in 2022 and are likely to see steady growth in the near future.
Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.1 | 12.3 | 11.8 | 13.1 | 22.7% |
Germany | 1.5 | 1.1 | 0.9 | 1.0 | -12.6% |
Czech Republic | 0.1 | N/A | 0.3 | 0.6 | 81.7% |
Others | 0.3 | 0.4 | 0.8 | 0.6 | 26.0% |
Total | 9.1 | 13.8 | 13.8 | 15.3 | 18.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Argentina in 2022:
- United States (712.5 tons)
- Germany (62.4 tons)
- Czech Republic (36.9 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina
After two years of decline, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin increased by 45% to 12 tons in 2022. In general, exports, however, faced a sharp descent.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $177K in 2022. Overall, exports, however, faced a dramatic curtailment.
Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 57.1 | 59.2 | 35.3 | 50.6 | -3.9% |
Uruguay | 71.6 | 41.8 | 10.2 | 26.3 | -28.4% |
Canada | 33.7 | 32.8 | 18.4 | 24.9 | -9.6% |
United States | 80.4 | 39.2 | 3.6 | 24.7 | -32.5% |
Brazil | 40.1 | 9.4 | 19.5 | 24.1 | -15.6% |
Paraguay | 49.1 | 40.0 | 18.8 | 21.2 | -24.4% |
Chile | 20.9 | 13.1 | 6.9 | 4.8 | -38.8% |
Others | N/A | N/A | 5.3 | N/A | 0% |
Total | 353 | 235 | 118 | 177 | -20.6% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Argentina in 2022:
- Canada (2.9 tons)
- Bolivia (2.3 tons)
- Uruguay (1.7 tons)
- United States (1.7 tons)
- Brazil (1.4 tons)
- Paraguay (1.2 tons)
- Chile (0.3 tons)
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