Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Argentina - 2023

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Argentina (CIF) - 2022
  2. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Argentina

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Argentina (CIF) - 2022

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $28,550 per ton, picking up by 105% against the previous year. In general, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 330%. Over the period under review, average import prices attained the peak figure at $31,618 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 United States amounted to +20.0% per year.

Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Argentina

In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -60.8% to 20 kg, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports reached the peak of 5.5 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses declined remarkably to $571 in 2022. In general, imports saw a dramatic setback. The smallest decline of -18.3% was in 2020.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States95.678.10.60.6-81.6%
Spain1.91.4N/AN/A-26.3%
ChinaN/A1.9N/AN/A0%
Germany2.6N/AN/AN/A0%
Others0.10.50.1N/A0.0%
Total10081.80.70.6-81.8%

Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Argentina in 2022:

  1. United States (20.0 kg)

Source: IndexBox Market Intelligence Platform

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