Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia (CIF) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia (CIF) - 2023
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $14,389 per ton in August 2023, dropping by -2.7% against the previous month. Overall, the import price, however, enjoyed a modest expansion. The growth pace was the most rapid in December 2022 when the average import price increased by 690% month-to-month. The import price peaked at $22,900 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($14,448 per ton), while the price for the Czech Republic amounted to $12,705 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia (FOB) - 2022
In 2021, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $31,519 per ton, surging by 34% against the previous year. Over the period under review, the export price recorded a prominent increase. The growth pace was the most rapid in 2018 an increase of 200% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Hungary.
From 2012 to 2021, the rate of growth in terms of prices for the Czech Republic amounted to +18.0% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Slovakia soared to 151 tons, increasing by 75% against 2021 figures. In general, imports recorded a significant expansion. As a result, imports reached the peak 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 skyrocketed to $1.9M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 757 | 680 | 675 | 486 | -13.7% |
| Czech Republic | 135 | 352 | 332 | 325 | 34.0% |
| Poland | 29.4 | 90.4 | 85.5 | 104 | 52.4% |
| United States | 3.7 | 95.0 | 23.4 | 78.3 | 176.6% |
| Slovenia | 151 | 109 | 179 | 59.8 | -26.6% |
| Hungary | 53.8 | 110 | 92.0 | N/A | 30.8% |
| Others | 42.7 | 22.6 | 39.7 | 851 | 171.1% |
| Total | 1,173 | 1,460 | 1,427 | 1,904 | 17.5% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Slovakia in 2022:
- Germany (38.6 tons)
- Czech Republic (25.4 tons)
- Poland (7.5 tons)
- Slovenia (5.7 tons)
- United States (2.7 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia
In 2021, exports of hop cones; ground, powdered or in the form of pellets; lupulin from Slovakia plummeted to 5.6 tons, waning by -39.2% against 2020 figures. In general, exports faced a precipitous descent. The smallest decline of -4.9% was in 2020.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin fell significantly to $175K in 2021. Over the period under review, exports showed a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports attained the peak of $216K, and then contracted notably in the following year.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Hungary | 178 | 201 | 172 | -1.7% | |
| Romania | 9.8 | 12.0 | 2.5 | -49.5% | |
| Others | N/A | 3.2 | 0.9 | -71.9% | |
| Total | 188 | 216 | 175 | -3.5% | |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Slovakia in 2022:
- Hungary (5.4 tons)
- Romania (0.1 tons)
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