Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $17,586 per ton in 2022, shrinking by -6.4% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 -12.4% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $20,083 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovenia ($17,586 per ton) and the United States ($17,586 per ton), while the price for Germany ($17,586 per ton) and the Czech Republic ($17,586 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), 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 Vietnam (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $13,510 per ton in 2022, which is down by -9.3% against the previous year. Over the period under review, the export price, however, posted tangible growth. The pace of growth was the most pronounced in 2018 an increase of 37% against the previous year. The export price peaked at $15,197 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($13,519 per ton), while the average price for exports to the Philippines stood at $13,429 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+2.2%).
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam
In 2022, supplies from abroad of hop cones; ground, powdered or in the form of pellets; lupulin was finally on the rise to reach 588 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $10M in 2022. Overall, imports, however, recorded a slight downturn.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.9 | 6.6 | 6.1 | 7.8 | 4.2% |
| United States | 1.3 | 0.9 | 0.5 | 1.2 | -2.6% |
| Czech Republic | 0.3 | 1.0 | 0.9 | 0.8 | 38.7% |
| Slovenia | 2.1 | 1.0 | 1.2 | 0.2 | -54.3% |
| Others | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Total | 11.0 | 9.9 | 9.0 | 10.3 | -2.2% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Vietnam in 2022:
- Germany (445.4 tons)
- United States (69.9 tons)
- Czech Republic (47.9 tons)
- Slovenia (13.8 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from Vietnam soared to 692 kg, with an increase of 175% against 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin surged to $9.3K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 3.1 | 1.1 | 1.4 | 8.4 | 39.4% |
| Philippines | 0.3 | N/A | N/A | 0.9 | 44.2% |
| Thailand | N/A | 0.3 | N/A | N/A | 0% |
| Switzerland | 0.8 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | 2.2 | N/A | 0% |
| Angola | N/A | N/A | 0.2 | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 4.2 | 1.6 | 3.8 | 9.3 | 30.3% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Vietnam in 2022:
- Cambodia (622.0 kg)
- Philippines (70.0 kg)
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