Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria (FOB) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria (CIF) - 2022
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $3,587 per ton, which is down by -2% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hop cones; ground, powdered or in the form of pellets; lupulin decreased by +0.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 30%. As a result, the export price reached the peak level of $3,839 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($7,991 per ton), while the average price for exports to Italy ($3,103 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 Poland (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $5,956 per ton, increasing by 2.6% against the previous year. In general, the import price, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 114%. Over the period under review, average import prices hit record highs at $16,023 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($17,535 per ton), while the price for Germany totaled $4,929 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.9%).
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria
In 2022, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -29.2% to 768 tons, falling for the second year in a row after two years of growth. In general, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 34%. As a result, the exports attained the peak of 1.1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin reduced notably to $2.8M in 2022. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, the exports reached the peak of $4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,353 | 1,481 | 2,112 | 1,424 | 1.7% |
| Italy | 589 | 958 | 771 | 681 | 5.0% |
| Germany | 657 | 914 | 534 | 240 | -28.5% |
| France | 238 | 289 | 161 | 208 | -4.4% |
| Hungary | 90.2 | 79.5 | 204 | 38.5 | -24.7% |
| Poland | N/A | 51.2 | 27.7 | N/A | -45.9% |
| Others | 108 | 227 | 159 | 163 | 14.7% |
| Total | 3,035 | 4,000 | 3,969 | 2,755 | -3.2% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Bulgaria in 2022:
- Spain (433.4 tons)
- Italy (219.5 tons)
- Germany (63.8 tons)
- France (26.0 tons)
- Hungary (8.6 tons)
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria
In 2022, supplies from abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -33.3% to 111 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 124%. As a result, imports attained the peak of 167 tons, and then declined sharply in the following year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin dropped dramatically to $664K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $970K, and then declined notably in the following year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 565 | 574 | 831 | 504 | -3.7% |
| Czech Republic | 62.4 | 103 | 135 | 141 | 31.2% |
| Others | 20.3 | 0.8 | 4.6 | 18.8 | -2.5% |
| Total | 647 | 678 | 970 | 664 | 0.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Bulgaria in 2022:
- Germany (102.3 tons)
- Czech Republic (8.0 tons)
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