Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bangladesh - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bangladesh (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bangladesh
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bangladesh (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $8,857 per ton, picking up by 27% against the previous year. In general, the import price showed a measured increase. The pace of growth was the most pronounced in 2014 an increase of 92%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.2% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bangladesh
In 2022, after three years of growth, there was significant decline in purchases abroad of hop cones; ground, powdered or in the form of pellets; lupulin, when their volume decreased by -36.2% to 1.3 tons. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 190%.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin reduced notably to $11K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 163% against the previous year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.3 | 8.7 | 14.1 | 11.4 | 51.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 8.7 | 14.1 | 11.4 | 51.2% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Bangladesh in 2022:
- India (1.3 tons)
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