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

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $16,662 per ton in 2022, declining by -11.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 61%. Over the period under review, average import prices reached the peak figure at $22,316 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22,301 per ton), while the price for the UK amounted to $14,577 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -81.3% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 238%.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses shrank rapidly to $40K in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 430% against the previous year.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.812.416.525.555.4%
Germany0.41.551.314.4230.2%
United States9.666.6173N/A324.5%
Others0.310.5N/AN/A3400.0%
Total17.291.024139.932.4%

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

  1. United Kingdom (1.8 tons)
  2. Germany (0.6 tons)

Source: IndexBox Market Intelligence Platform

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