Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya (CIF) - 2022
In November 2021, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $12,674 per ton, which is down by -45.7% against the previous month. Over the period under review, the import price saw a deep reduction. The growth pace was the most rapid in July 2021 when the average import price increased by 10,729% month-to-month. The import price peaked at $29,908 per ton in February 2021; however, from March 2021 to November 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From February 2021 to November 2021, the rate of growth in terms of prices for Germany amounted to -0.2% per month.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $1,220 per ton in 2022, falling by -85.2% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. The export price peaked at $12,298 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($19,731 per ton), while the average price for exports to Canada amounted to $308 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+8.8%).
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Kenya surged to 116 tons, rising by 43% against the previous year. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $1.2M in 2022. Over the period under review, imports, however, saw a abrupt slump.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,416 | 823 | 825 | 1,144 | -6.9% |
| Uganda | 78.0 | 76.0 | 79.5 | N/A | 1.0% |
| India | 44.4 | 50.2 | 59.2 | N/A | 15.5% |
| Others | 37.7 | 52.7 | 59.5 | 59.8 | 16.6% |
| Total | 1,576 | 1,001 | 1,024 | 1,204 | -8.6% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Kenya in 2022:
- Germany (113.3 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya
In 2022, exports of hop cones; ground, powdered or in the form of pellets; lupulin from Kenya soared to 98 tons, picking up by 960% compared with the year before. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $119K in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 260%. Over the period under review, the exports of hop cones; ground, powdered or in form of pellets; lupulin attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 88.8 | 0% |
| Canada | 0.6 | 0.2 | 0.1 | 28.7 | 263.0% |
| Uganda | 16.8 | 20.3 | 69.3 | N/A | 103.1% |
| Israel | N/A | N/A | 7.0 | N/A | 0% |
| Others | 0.1 | 0.7 | N/A | 1.9 | 166.8% |
| Total | 17.4 | 21.2 | 76.4 | 119 | 89.8% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Kenya in 2022:
- Canada (93.4 tons)
- Tanzania (4.5 tons)
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