Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark (CIF) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark (FOB) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark (CIF) - 2022
In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $14,853 per ton, declining by -7.4% against the previous year. In general, the import price showed a slight reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 95% against the previous year. As a result, import price attained the peak level of $30,978 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($14,898 per ton), while the price for the UK stood at $12,418 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.2%), while the prices for the other major suppliers experienced a decline.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark (FOB) - 2022
In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $32,400 per ton, surging by 61% against the previous year. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 104%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +3.7% per year.
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark
In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses imported into Denmark skyrocketed to 7.5 tons, jumping by 253% on 2021 figures. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $111K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 445%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 3.7 | N/A | 107 | 437.8% |
| United Kingdom | 15.1 | 16.3 | 26.4 | 2.3 | -46.6% |
| United States | N/A | N/A | 6.4 | 1.1 | -82.8% |
| Belgium | N/A | 61.4 | N/A | N/A | 0% |
| Others | N/A | 0.9 | 1.1 | 0.9 | 0.0% |
| Total | 15.1 | 82.2 | 33.9 | 111 | 94.4% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Denmark in 2022:
- Germany (7.2 tons)
- United Kingdom (0.2 tons)
- United States (0.1 tons)
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark
In 2022, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -85.6% to 15 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 61% against the previous year. As a result, the exports reached the peak of 6.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses declined rapidly to $486 in 2022. Over the period under review, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 110% against the previous year. As a result, the exports reached the peak of $73K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 23.6 | 55.0 | 1.4 | 0.5 | -72.3% |
| Thailand | N/A | 5.4 | N/A | N/A | 0% |
| Finland | 1.4 | 2.6 | 0.4 | N/A | -46.5% |
| Faroe Islands | 4.6 | 9.4 | N/A | N/A | 104.3% |
| Greenland | 3.0 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 0.9 | 0.3 | N/A | -63.1% |
| Total | 34.8 | 73.2 | 2.1 | 0.5 | -75.7% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Denmark in 2022:
- Norway (15.0 kg)
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