Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $11,029 per ton in 2022, shrinking by -5.1% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; ground, powdered or in the form of pellets; lupulin decreased by -9.8% against 2018 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 54%. Over the period under review, average import prices attained the peak figure at $12,226 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($23,118 per ton), while the price for Belarus ($3,734 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $17,564 per ton in 2022, growing by 19% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hop cones; ground, powdered or in the form of pellets; lupulin decreased by -15.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 51% against the previous year. The export price peaked at $20,693 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($18,191 per ton), while the average price for exports to Azerbaijan ($11,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia
For the fourth consecutive year, Russia recorded growth in overseas purchases of hop cones; ground, powdered or in the form of pellets; lupulin, which increased by 3.8% to 3.7K tons in 2022. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 6.1%. Over the period under review, imports of hop cones; ground, powdered or in form of pellets; lupulin reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank slightly to $41M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.9% against the previous year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.5 | 23.7 | 24.8 | 16.7 | -12.0% |
| United States | 6.4 | 7.5 | 9.4 | 10.5 | 17.9% |
| Czech Republic | 2.6 | 4.2 | 2.9 | 4.5 | 20.1% |
| Slovenia | 0.6 | 0.4 | 0.3 | 3.8 | 85.0% |
| Turkey | N/A | N/A | 0.1 | 2.8 | 2700.0% |
| Belarus | 1.3 | 1.5 | 1.7 | 1.7 | 9.4% |
| Poland | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Ukraine | 1.6 | 1.7 | 1.2 | 0.2 | -50.0% |
| Others | 0.8 | 1.2 | 1.1 | 0.6 | -9.1% |
| Total | 37.9 | 40.5 | 41.8 | 41.1 | 2.7% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Russia in 2022:
- Germany (1496.4 tons)
- Turkey (462.3 tons)
- United States (454.4 tons)
- Belarus (446.5 tons)
- Czech Republic (414.8 tons)
- Slovenia (345.6 tons)
- Poland (63.2 tons)
- Ukraine (18.1 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia
In 2022, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -5.5% to 133 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin expanded sharply to $2.3M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 391 | 1,392 | 815 | 1,677 | 62.5% |
| Belarus | 119 | 91.1 | 267 | 555 | 67.1% |
| Kazakhstan | 304 | 714 | 314 | 73.7 | -37.6% |
| Azerbaijan | 97.3 | 9.4 | 80.0 | 36.1 | -28.1% |
| Turkmenistan | 88.6 | 45.3 | 56.5 | N/A | -20.1% |
| Kyrgyzstan | 272 | 177 | 423 | N/A | 24.7% |
| Others | 170 | 171 | 129 | N/A | -12.9% |
| Total | 1,441 | 2,600 | 2,084 | 2,342 | 17.6% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Russia in 2022:
- Ukraine (92.2 tons)
- Belarus (33.9 tons)
- Kazakhstan (4.1 tons)
- Azerbaijan (3.1 tons)
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