Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Brazil - 2024

Contents:

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

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

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $13,023 per ton, falling by -10.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2019 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $14,982 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($13,148 per ton), while the price for Germany ($12,903 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 (+4.1%), 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 Brazil (FOB) - 2022

In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $18,695 per ton, declining by -16.8% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 89%. The export price peaked at $42,402 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($52,285 per ton), while the average price for exports to Uruguay ($17,702 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 (+113.4%), 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 Brazil

Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Brazil shrank markedly to 2.8K tons in 2022, with a decrease of -20.1% compared with the previous year's figure. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 66%. As a result, imports attained the peak of 3.5K tons, and then dropped notably in the following year.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank markedly to $36M in 2022. Over the period under review, imports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of $51M, and then reduced dramatically in the following year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.910.616.918.115.0%
Germany27.017.432.516.2-15.7%
Czech Republic0.20.50.81.386.6%
Others1.30.90.90.8-14.9%
Total40.429.451.136.5-3.3%

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

  1. United States (1379.8 tons)
  2. Germany (1257.2 tons)
  3. Czech Republic (98.1 tons)

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

In 2022, exports of hop cones; ground, powdered or in the form of pellets; lupulin from Brazil surged to 4.7 tons, picking up by 34% compared with 2021. Overall, exports, however, faced a dramatic decline.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin expanded sharply to $88K in 2022. Over the period under review, exports, however, faced a dramatic shrinkage.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay10658.037.279.7-9.1%
AngolaN/AN/A2.16.8223.8%
Paraguay6.739.731.31.7-36.7%
Germany38.1N/A1.1N/A-83.0%
United States360N/A7.2N/A-85.9%
Others0.7N/AN/AN/A0%
Total51197.778.988.2-44.3%

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

  1. Uruguay (4.5 tons)
  2. Paraguay (0.1 tons)
  3. Angola (0.1 tons)

Source: IndexBox Market Intelligence Platform

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