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

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $14,122 per ton in 2022, waning by -50.2% against the previous year. Overall, the import price saw a mild downturn. The growth pace was the most rapid in 2014 an increase of 101% against the previous year. The import price peaked at $28,341 per ton in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($31,844 per ton), while the price for China ($10,490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), 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 Japan

Imports of hop cones; neither ground nor powdered nor in the form of pelletses into Japan soared to 12 tons in 2022, rising by 637% against 2021. Over the period under review, imports showed significant growth. As a result, imports attained 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 skyrocketed to $174K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic10.925.1N/A97.6107.7%
China2.715.16.536.1137.3%
United States61.513.440.932.1-19.5%
PolandN/A4.9N/A8.229.4%
GermanyN/A21.6N/AN/A0%
Slovenia6.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total81.280.247.417428.9%

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

  1. Czech Republic (7.1 tons)
  2. China (3.4 tons)
  3. United States (1.0 tons)
  4. Poland (0.8 tons)

Source: IndexBox Market Intelligence Platform

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