Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India - 2022
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India (CIF) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India (FOB) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India (CIF) - 2022
The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $17,165 per ton in 2022, dropping by -21.1% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 72%. Over the period under review, average import prices attained the maximum at $21,765 per ton in 2021, and then declined remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($42,375 per ton), while the price for Australia ($9,504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India (FOB) - 2022
In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $9,573 per ton, remaining stable against the previous year. Overall, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 110%. The export price peaked at $12,019 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($10,860 per ton), while the average price for exports to Bhutan stood at $6,214 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+79.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India
In 2022, supplies from abroad of hop cones; neither ground nor powdered nor in the form of pelletses was finally on the rise to reach 327 kg after two years of decline. Overall, imports, however, saw a sharp downturn.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses rose remarkably to $5.6K in 2022. Over the period under review, imports, however, recorded a precipitous descent.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.4 | 4.7 | 3.7 | 4.1 | -35.7% |
| Australia | 2.8 | 1.0 | 0.9 | 1.2 | -24.6% |
| United Kingdom | 1.0 | 0.5 | 0.4 | 0.3 | -33.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.2 | 6.2 | 5.0 | 5.6 | -33.7% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to India in 2022:
- Germany (192.0 kg)
- Australia (127.0 kg)
- United Kingdom (8.0 kg)
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India
Exports of hop cones; neither ground nor powdered nor in the form of pelletses from India declined dramatically to 124 kg in 2022, shrinking by -21% on the year before. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8%.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses fell dramatically to $1.2K in 2022. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 68% against the previous year.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 22.2 | 0.8 | 1.0 | 1.0 | -64.4% |
| Bhutan | 4.4 | N/A | 0.4 | 0.2 | -64.3% |
| Others | 0.2 | N/A | 0.2 | N/A | 0.0% |
| Total | 26.8 | 0.9 | 1.5 | 1.2 | -64.5% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from India in 2022:
- Nepal (93.0 kg)
- Bhutan (28.0 kg)
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