Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Oman - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Oman (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Oman
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Oman (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $2,040 per ton, falling by -26.3% against the previous year. Over the period under review, the import price faced a deep reduction. The growth pace was the most rapid in 2015 when the average import price increased by 177% against the previous year. As a result, import price reached the peak level of $15,928 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -8.1% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Oman
In 2022, approx. 820 kg of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Oman; with an increase of 15% compared with the previous year. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. Imports peaked in 2022 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 dropped sharply to $1.7K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +47.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of $2K, and then shrank rapidly in the following year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.1 | 1.4 | 2.0 | 1.7 | 15.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 1.4 | 2.0 | 1.7 | 15.6% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Oman in 2022:
- United Arab Emirates (820.0 kg)
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