Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Lithuania - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Lithuania (CIF) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Lithuania
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Lithuania (CIF) - 2022
The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $13,411 per ton in 2022, waning by -2.9% against the previous year. Overall, import price indicated a prominent increase from 2014 to 2022: its price increased at an average annual rate of +10.1% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; neither ground nor powdered nor in the form of pelletses increased by +34.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 62% against the previous year. The import price peaked at $15,949 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Belgium ($29,962 per ton), while the price for Poland ($7,887 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.6%), 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 Lithuania
In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses increased by 63% to 1.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt shrinkage.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $24K in 2022. Overall, imports, however, faced a sharp shrinkage.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 10.2 | 0% |
| United Kingdom | 25.5 | 10.0 | 7.4 | 7.2 | -34.4% |
| Poland | N/A | 1.1 | N/A | 3.6 | 80.9% |
| Slovenia | 23.1 | N/A | N/A | 3.0 | -49.4% |
| Germany | N/A | N/A | 7.3 | N/A | 0% |
| Others | 0.3 | 0.5 | 0.8 | 0.4 | 10.1% |
| Total | 48.9 | 11.5 | 15.4 | 24.4 | -20.7% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Lithuania in 2022:
- United Kingdom (672.0 kg)
- Poland (461.0 kg)
- Belgium (340.0 kg)
- Slovenia (330.0 kg)
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