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

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand (FOB) - 2022
  2. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand (CIF) - 2022
  3. Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand
  4. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand (FOB) - 2022

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $22,641 per ton, declining by -28% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 38%. As a result, the export price attained the peak level of $32,726 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($32,630 per ton), while the average price for exports to Australia ($16,524 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $21,420 per ton, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 48%. The import price peaked at $55,056 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26,050 per ton), while the price for France totaled $13,533 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand

In 2022, shipments abroad of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -21.2% to 218 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 338%.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses declined significantly to $4.9M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 506%.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.85.37.84.273.8%
FranceN/AN/AN/A0.30%
United KingdomN/AN/A0.20.350.0%
Australia0.10.10.20.10.0%
JapanN/AN/AN/A0.10%
NetherlandsN/AN/A0.6N/A0%
OthersN/AN/AN/AN/A0%
Total0.95.48.74.975.9%

Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from New Zealand in 2022:

  1. United States (190.3 tons)
  2. United Kingdom (11.0 tons)
  3. France (8.0 tons)
  4. Japan (5.3 tons)
  5. Australia (3.3 tons)

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

In 2022, purchases abroad of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -91.3% to 162 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 477%. As a result, imports attained the peak of 17 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses shrank rapidly to $3.5K in 2022. Overall, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 484%. As a result, imports reached the peak of $406K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A390N/A2.6-91.8%
FranceN/AN/AN/A0.80%
Australia68.16.238.2N/A-25.1%
Others1.39.91.6N/A10.9%
Total69.440639.83.5-63.1%

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

  1. United States (101.0 kg)
  2. France (60.0 kg)

Source: IndexBox Market Intelligence Platform

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