Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $8,602 per ton in 2022, dropping by -9.8% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 6.1%. The import price peaked at $13,727 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +6.1% per year.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $20,111 per ton in 2022, remaining constant against the previous year. Overall, the export price posted a significant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 194%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2017 to 2022, the rate of growth in terms of prices for Canada amounted to +88.6% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco
After two years of growth, supplies from abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -35.2% to 2.6 tons in 2022. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. As a result, imports attained the peak of 4 tons, and then shrank remarkably in the following year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin reduced remarkably to $22K in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports reached the peak of $38K, and then fell notably in the following year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 8.8 | 37.3 | 21.1 | 54.8% | |
| United Kingdom | 0.3 | 0.8 | N/A | 166.7% | |
| Others | 18.3 | N/A | 1.2 | -74.4% | |
| Total | 27.5 | 38.2 | 22.3 | -9.9% | |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Morocco in 2022:
- Germany (2.6 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco
In 2022, overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin decreased by 0% to 36 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a precipitous decrease. The smallest decline of 99.9% was in 2020.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin stood at $724 in 2022. In general, exports saw a precipitous decline. The smallest decline of 99.9% was in 2020.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 0.7 | 0% |
| Cabo Verde | 3.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | N/A | N/A | 0.7 | -40.4% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Morocco in 2022:
- Canada (36.0 kg)
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