Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $10,978 per ton in 2022, growing by 18% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 105%. The import price peaked at $19,424 per ton in 2017; however, from 2018 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 Germany ($16,173 per ton), while the price for Spain amounted to $7,665 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.8%).
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $18,784 per ton in 2022, dropping by -55% against the previous year. In general, the export price recorded a mild decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 289% against the previous year. The export price peaked at $41,769 per ton in 2021, and then reduced dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Sao Tome and Principe.
From 2012 to 2022, the rate of growth in terms of prices for Cabo Verde amounted to +84.2% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal
In 2022, overseas purchases of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -7.1% to 37 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 88%. As a result, imports attained the peak of 45 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin totaled $405K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, imports attained the peak of $556K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 319 | 283 | 107 | 229 | -10.5% |
| Spain | 81.5 | 230 | 215 | 170 | 27.8% |
| Belgium | 6.8 | 40.1 | 39.7 | 0.3 | -64.7% |
| Others | 2.4 | 2.8 | 7.7 | 5.4 | 31.0% |
| Total | 410 | 556 | 369 | 405 | -0.4% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Portugal in 2022:
- Spain (22.2 tons)
- Germany (14.2 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal
In 2022, overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin were finally on the rise to reach 1.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt descent.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $26K in 2022. Overall, exports, however, showed a precipitous contraction.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sao Tome and Principe | 53.9 | 16.5 | N/A | 25.8 | -21.8% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 53.9 | 16.5 | 0.5 | 25.8 | -21.8% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Portugal in 2022:
- Sao Tome and Principe (1.4 tons)
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