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

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Myanmar (CIF) - 2023
  2. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Myanmar

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Myanmar (CIF) - 2023

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $53,754 per ton in November 2022, increasing by 101% against the previous month. Over the period under review, the import price, however, saw a drastic downturn. The import price peaked at $83,014 per ton in May 2022; however, from June 2022 to November 2022, import prices stood at a somewhat lower figure.

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

From May 2022 to November 2022, the rate of growth in terms of prices for the United States amounted to -7.0% per month.

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

In 2022, imports of hop cones; neither ground nor powdered nor in the form of pelletses into Myanmar soared to 5.4 tons, growing by 142% on the year before. In general, imports continue to indicate a prominent expansion. As a result, imports reached 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 $349K in 2022. Overall, imports, however, showed a slight contraction.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States353225188349-0.4%
Others10.25.82.3N/A-52.5%
Total363230191349-1.3%

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

  1. United States (5.4 tons)

Source: IndexBox Market Intelligence Platform

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