Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $25,501 per ton in 2022, declining by -3.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the peak figure at $37,782 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($113,568 per ton), while the price for the Netherlands ($8,486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.0%), 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 Hungary (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $4,055 per ton in 2022, reducing by -71.2% against the previous year. In general, the export price saw a abrupt contraction. The growth pace was the most rapid in 2016 an increase of 88%. As a result, the export price reached the peak level of $22,389 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +16.0% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Hungary rose rapidly to 77 tons, picking up by 7% on 2021. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, imports reached the peak of 127 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin expanded slightly to $2M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 47%. As a result, imports reached the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,182 | 1,904 | 1,415 | 1,355 | 4.7% |
| Belgium | 170 | 233 | 214 | 216 | 8.3% |
| Slovenia | 28.6 | N/A | 30.3 | 167 | 80.1% |
| United States | 34.5 | 37.6 | 91.9 | 67.5 | 25.1% |
| Netherlands | N/A | N/A | N/A | 17.2 | 0% |
| Poland | 29.0 | 3.5 | 26.1 | N/A | -5.1% |
| Others | 229 | 285 | 129 | 141 | -14.9% |
| Total | 1,674 | 2,463 | 1,906 | 1,963 | 5.5% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Hungary in 2022:
- Germany (59.3 tons)
- Belgium (9.4 tons)
- United States (3.6 tons)
- Netherlands (2.0 tons)
- Slovenia (1.5 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from Hungary contracted markedly to 237 kg, shrinking by -48.7% on the previous year. Over the period under review, exports recorded a sharp slump. The smallest decline of -9.1% was in 2021.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin fell markedly to $961 in 2022. In general, exports showed a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 15.8 | N/A | 1.0 | 1.0 | -60.1% |
| Slovakia | N/A | 4.9 | N/A | N/A | 0% |
| Moldova | N/A | N/A | 5.5 | N/A | 0% |
| Czech Republic | 4.6 | N/A | N/A | N/A | 0% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 21.6 | 4.9 | 6.5 | 1.0 | -64.1% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Hungary in 2022:
- Romania (237.0 kg)
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