Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile - 2023

Contents:

  1. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile (CIF) - 2023
  2. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile (FOB) - 2022
  3. Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile
  4. Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile (CIF) - 2023

The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $33,470 per ton in December 2023, rising by 61% against the previous month. Over the period under review, the import price posted a tangible increase. The growth pace was the most rapid in July 2023 an increase of 95% against the previous month. Over the period under review, average import prices attained the peak figure in December 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($34,006 per ton), while the price for Germany ($21,817 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), 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 Chile (FOB) - 2022

The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $24,231 per ton in 2022, increasing by 61% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $28,071 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -0.0% per year.

Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile

After three years of growth, supplies from abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -45.7% to 139 tons in 2022. Over the period under review, imports, however, showed perceptible growth. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports attained the peak of 257 tons, and then dropped remarkably in the following year.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin reduced sharply to $2.4M in 2022. Overall, imports, however, enjoyed a temperate increase. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $4.5M, and then dropped markedly in the following year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1342,0892,5651,3887.0%
Germany8506511,615773-3.1%
Czech Republic1.51.41.8141354.7%
Others12418328597.4-7.7%
Total2,1092,9254,4672,4004.4%

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

  1. United States (69.5 tons)
  2. Germany (59.0 tons)
  3. Czech Republic (7.6 tons)

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

In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from Chile shrank remarkably to 225 kg, which is down by -83.8% against the previous year. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 771%.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin shrank sharply to $5.5K in 2022. Overall, exports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 1,074%.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru7.61.812.75.5-10.2%
United States15.5N/AN/AN/A0%
ParaguayN/AN/A8.2N/A0%
OthersN/AN/AN/AN/A0%
Total23.11.821.05.5-38.0%

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

  1. Peru (225.0 kg)

Source: IndexBox Market Intelligence Platform

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