Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Pakistan - 2022
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Pakistan (FOB) - 2022
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Pakistan
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Pakistan (FOB) - 2022
The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $1,595 per ton in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2017 an increase of 39%. As a result, the export price reached the peak level of $1,731 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($6,871 per ton), while the average price for exports to Myanmar ($103 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 Spain (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Pakistan
In 2022, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses increased by 16% to 86 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt slump.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $137K in 2022. Over the period under review, exports, however, continue to indicate a deep slump.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 63.4 | 48.1 | 36.3 | 40.5 | -13.9% |
| China | 35.5 | 30.1 | 25.4 | 31.7 | -3.7% |
| France | 33.1 | 26.4 | 20.9 | 24.4 | -9.7% |
| Taiwan (Chinese) | 31.0 | 24.7 | 19.5 | 22.9 | -9.6% |
| Egypt | 34.9 | 23.6 | 15.9 | 15.8 | -23.2% |
| Myanmar | 0.8 | 0.4 | 0.3 | 0.2 | -37.0% |
| Others | 4.5 | 1.9 | 0.6 | 1.5 | -30.7% |
| Total | 203 | 155 | 119 | 137 | -12.3% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Pakistan in 2022:
- Egypt (26.6 tons)
- Taiwan (Chinese) (20.9 tons)
- United States (14.1 tons)
- France (10.9 tons)
- China (10.9 tons)
- Myanmar (2.0 tons)
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