Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $23,313 per ton, with a decrease of -60.4% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 932% against the previous year. The import price peaked at $197,333 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +32.4% per year.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $5,665 per ton in 2022, falling by -19% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. The export price peaked at $11,264 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($8,442 per ton), while the average price for exports to Oman ($1,443 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 Tanzania (-1.6%).
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into the United Arab Emirates shrank significantly to 16 kg, falling by -48.4% compared with 2021. Overall, imports saw a precipitous setback. The smallest decline of -8.9% was in 2020.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin dropped notably to $373 in 2022. In general, imports faced a precipitous decline. The smallest decline of -17.6% was in 2020.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 220 | N/A | N/A | 373 | 19.2% |
| Uganda | N/A | 1,434 | N/A | N/A | 0% |
| Germany | 406 | 18.0 | 852 | N/A | 44.9% |
| Turkey | 1,766 | N/A | N/A | N/A | 0% |
| Others | 297 | 763 | 972 | N/A | 80.9% |
| Total | 2,689 | 2,215 | 1,824 | 373 | -48.2% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to the United Arab Emirates in 2022:
- United States (16.0 kg)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin, when their volume decreased by -32.2% to 25 tons. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 509% against the previous year. As a result, the exports reached the peak of 36 tons, and then plummeted in the following year.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin contracted notably to $140K in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 912% against the previous year. As a result, the exports reached the peak of $254K, and then declined notably in the following year.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 6.9 | 21.6 | 9.0 | 64.2 | 110.3% |
| Estonia | N/A | N/A | N/A | 62.8 | 0% |
| Oman | 1.0 | 3.5 | 1.9 | 12.5 | 132.1% |
| Iran | N/A | N/A | 243 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 25.1 | 254 | 140 | 160.7% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from the United Arab Emirates in 2022:
- Oman (8.7 tons)
- Tanzania (8.5 tons)
- Estonia (7.4 tons)
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