Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR (FOB) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR (CIF) - 2022
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $24,471 per ton, remaining stable against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 232%. Over the period under review, the average export prices reached the peak figure at $28,857 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($36,023 per ton), while the average price for exports to Thailand ($17,054 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR (CIF) - 2022
The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $34,601 per ton in 2022, approximately reflecting the previous year. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2015 to 2022, the rate of growth in terms of prices for Germany amounted to +9.9% per year.
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR
In 2022, after two years of decline, there was decline in shipments abroad of hop cones; neither ground nor powdered nor in the form of pelletses, when their volume decreased by 0% to 30 tons. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hop cones; neither ground nor powdered nor in form of pelletses hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses amounted to $723K in 2022. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 410 | 0% |
| Vietnam | 18.7 | N/A | N/A | 166 | 107.1% |
| Taiwan (Chinese) | N/A | N/A | N/A | 84.7 | 0% |
| Philippines | N/A | N/A | N/A | 37.7 | 0% |
| Thailand | N/A | N/A | N/A | 24.3 | 0% |
| Others | 4.1 | N/A | N/A | N/A | 0% |
| Total | 22.8 | N/A | N/A | 723 | 216.5% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Hong Kong SAR in 2022:
- China (18.6 tons)
- Vietnam (4.6 tons)
- Taiwan (Chinese) (3.0 tons)
- Philippines (1.9 tons)
- Thailand (1.4 tons)
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR
Imports of hop cones; neither ground nor powdered nor in the form of pelletses into Hong Kong SAR amounted to 223 kg in 2022, leveling off at 2021 figures. Over the period under review, imports showed a sharp decline. The smallest decline of 99.9% was in 2021.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses stood at $7.7K in 2022. In general, imports enjoyed a slight expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports of hop cones; neither ground nor powdered nor in form of pelletses hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| New Zealand | N/A | N/A | 7.7 | 0% | |
| Germany | 7.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 7.5 | N/A | 7.7 | 1.3% | |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Hong Kong SAR in 2022:
- New Zealand (223.0 kg)
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