Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Paraguay - 2024

Contents:

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

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

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $14,067 per ton, growing by 39% against the previous year. Overall, the import price, however, saw a mild curtailment. Over the period under review, average import prices attained the maximum at $17,058 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($24,675 per ton), while the price for Germany amounted to $12,387 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), 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 Paraguay

In 2022, purchases abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -32.5% to 59 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of 288%. As a result, imports reached the peak of 164 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin reduced to $827K in 2022. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 225% against the previous year. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15147327962960.9%
United States1528141711979.0%
Argentina32.061.625.1N/A-11.4%
Others2786444091.1-84.2%
Total6131,99488382710.5%

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

  1. Germany (50.8 tons)
  2. United States (8.0 tons)

Source: IndexBox Market Intelligence Platform

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