Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Jordan - 2022

Contents:

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

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

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $19,619 per ton, rising by 4.4% against the previous year. Over the period under review, the import price showed a modest increase. The pace of growth appeared the most rapid in 2017 an increase of 8.1% against the previous year. As a result, import price reached the peak level of $28,860 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($19,684 per ton) and Slovenia ($19,622 per ton), while the price for the UK ($19,616 per ton) and Germany ($19,617 per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Jordan contracted to 2.1 tons in 2022, shrinking by -12.2% on the year before. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 162% against the previous year. As a result, imports attained the peak of 2.4 tons, and then dropped in the following year.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank to $41K in 2022. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 145% against the previous year. As a result, imports reached the peak of $45K, and then dropped in the following year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.79.030.136.167.4%
Germany2.51.41.71.8-10.4%
SloveniaN/AN/A1.31.623.1%
United States13.25.64.41.5-51.6%
Belgium1.00.91.7N/A30.4%
AustraliaN/AN/A2.3N/A0%
Others2.21.43.3N/A22.5%
Total26.618.244.741.015.5%

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

  1. United Kingdom (1839.0 kg)
  2. Germany (94.0 kg)
  3. Slovenia (82.0 kg)
  4. United States (76.0 kg)

Source: IndexBox Market Intelligence Platform

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