Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic (FOB) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic (CIF) - 2023
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic (FOB) - 2023
In October 2023, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $15,148 per ton, reducing by -11.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in December 2022 an increase of 19% m-o-m. The export price peaked at $17,515 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In October 2023, the highest price was recorded for prices to Spain ($19,170 per ton) and Argentina ($18,636 per ton), while the average price for exports to Japan ($14,250 per ton) and China ($14,750 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic (CIF) - 2023
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $13,072 per ton in October 2023, reducing by -46.7% against the previous month. In general, the import price showed a mild decrease. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 126% month-to-month. Over the period under review, average import prices reached the maximum at $28,118 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($22,898 per ton), while the price for Germany amounted to $9,059 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic
In 2022, exports of hop cones; ground, powdered or in the form of pellets; lupulin from the Czech Republic soared to 4.5K tons, growing by 17% compared with 2021 figures. The total export volume increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, the exports of hop cones; ground, powdered or in form of pellets; lupulin hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin rose remarkably to $55M in 2022. The total export value increased at an average annual rate of +13.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.9 | 14.2 | 16.5 | 16.0 | 7.4% |
| Japan | 7.1 | 11.3 | 10.8 | 13.3 | 23.3% |
| Russia | 3.1 | 4.3 | 3.1 | 5.5 | 21.1% |
| Poland | 0.6 | 1.8 | 2.8 | 3.1 | 72.9% |
| Germany | 2.9 | 5.3 | 4.9 | 2.4 | -6.1% |
| United Kingdom | 0.6 | 0.5 | 0.8 | 1.9 | 46.8% |
| Belgium | 2.0 | 2.1 | 2.5 | 1.7 | -5.3% |
| United States | 0.8 | 0.5 | 0.6 | 1.5 | 23.3% |
| Vietnam | 1.3 | 1.8 | 0.8 | 1.5 | 4.9% |
| Brazil | 0.2 | 0.7 | 0.6 | 1.2 | 81.7% |
| Italy | 0.8 | 1.0 | 1.0 | 0.7 | -4.4% |
| Austria | 1.3 | 0.9 | 0.8 | 0.6 | -22.7% |
| Others | 3.8 | 4.2 | 5.4 | 5.8 | 15.1% |
| Total | 37.4 | 48.6 | 50.6 | 55.2 | 13.9% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from the Czech Republic in 2022:
- China (1388.1 tons)
- Japan (1019.0 tons)
- Russia (466.7 tons)
- Germany (302.3 tons)
- Poland (246.4 tons)
- Belgium (131.8 tons)
- Vietnam (121.9 tons)
- United Kingdom (116.3 tons)
- United States (96.8 tons)
- Brazil (92.5 tons)
- Austria (74.9 tons)
- Italy (50.8 tons)
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into the Czech Republic shrank modestly to 373 tons, with a decrease of -2% compared with 2021 figures. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin dropped rapidly to $7.2M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of $9M, and then shrank markedly in the following year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 0.9 | 1.4 | 4.0 | 71.0% |
| Germany | 4.2 | 4.8 | 6.0 | 2.4 | -17.0% |
| Belgium | 0.8 | 0.6 | 1.0 | 0.2 | -37.0% |
| United Kingdom | 0.5 | 0.5 | 0.3 | 0.1 | -41.5% |
| Others | 0.6 | 0.3 | 0.4 | 0.4 | -12.6% |
| Total | 6.8 | 7.0 | 9.0 | 7.2 | 1.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to the Czech Republic in 2022:
- Germany (192.7 tons)
- United States (153.7 tons)
- Belgium (6.5 tons)
- United Kingdom (3.6 tons)
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