Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Kuwait - 2022

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $9,108 per ton, picking up by 12% against the previous year. Overall, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 235%. As a result, import price reached the peak level of $15,250 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +13.0% per year.

Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Kuwait

In 2022, purchases abroad of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -18% to 269 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 89% against the previous year.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses reduced to $2.5K in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 156%.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt0.91.32.72.540.6%
OthersN/A0.9N/AN/A0%
Total0.92.22.72.540.6%

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

  1. Egypt (269.0 kg)

Source: IndexBox Market Intelligence Platform

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