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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $12,109 per ton, flattening at the previous year. Over the period under review, the import price showed a prominent expansion. The pace of growth appeared the most rapid in 2019 an increase of 63% against the previous year. As a result, import price reached the peak level of $19,048 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,121 per ton), while the price for Ethiopia stood at $12,103 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), 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 Israel

In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses decreased by 0% to 991 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 458%. Imports peaked in 2022 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 stood at $12K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 250%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EthiopiaN/A5.0N/A8.026.5%
Germany2.0N/AN/A4.026.0%
PolandN/A2.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.07.0N/A12.081.7%

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

  1. Ethiopia (661.0 kg)
  2. Germany (330.0 kg)

Source: IndexBox Market Intelligence Platform

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