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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $29,130 per ton, increasing by 57% against the previous year. Over the period under review, the import price, however, saw a mild setback. The growth pace was the most rapid in 2015 when the average import price increased by 24,693%. As a result, import price attained the peak level of $3,471 per kg. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($29,985 per ton), while the price for Germany stood at $26,708 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%).

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

In 2022, supplies from abroad of hop cones; neither ground nor powdered nor in the form of pelletses increased by 4,500% to 92 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt setback.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $2.7K in 2022. Overall, imports, however, continue to indicate a perceptible slump.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A1.3N/A2.024.0%
Germany3.0N/AN/A0.6-41.5%
NetherlandsN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.01.4N/A2.7-3.5%

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

  1. Belgium (68.0 kg)
  2. Germany (24.0 kg)

Source: IndexBox Market Intelligence Platform

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