Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia (CIF) - 2022
In February 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $9,547 per ton, waning by -5.2% against the previous month. Over the period under review, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in September 2021 an increase of 49% against the previous month. As a result, import price reached the peak level of $15,222 per ton. From October 2021 to February 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($25,938 per ton), while the price for Germany stood at $9,028 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%).
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $17,068 per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2019 an increase of 36% against the previous year. The export price peaked at $17,071 per ton in 2021, and then contracted in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($17,089 per ton), while the average price for exports to Ecuador amounted to $16,307 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+10.3%).
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia
Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Colombia contracted significantly to 705 tons in 2022, reducing by -23.1% on 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% 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 +43.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of 917 tons, and then declined remarkably in the following year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin dropped markedly to $6.4M in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, imports reached the peak of $8.4M, and then dropped dramatically in the following year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 1.8 | 3.4 | 2.2 | 54.2% |
| United States | 4.9 | 0.9 | 1.9 | 1.7 | -29.7% |
| Others | 1.0 | 1.6 | 3.1 | 2.4 | 33.9% |
| Total | 6.5 | 4.3 | 8.4 | 6.4 | -0.5% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Colombia in 2022:
- Germany (284.9 tons)
- United States (123.4 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia
In 2022, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -22.3% to 8.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 409% against the previous year.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin reduced remarkably to $146K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 411%.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 16.1 | 103 | 183 | 142 | 106.6% |
| Ecuador | 4.2 | 1.3 | 5.0 | 3.9 | -2.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 20.4 | 104 | 188 | 146 | 92.7% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Colombia in 2022:
- Peru (8.3 tons)
- Ecuador (0.2 tons)
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