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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $23,837 per ton, dropping by -3.3% against the previous year. Over the period under review, the import price, however, showed a resilient expansion. The growth pace was the most rapid in 2017 when the average import price increased by 52%. Over the period under review, average import prices attained the peak figure at $24,660 per ton in 2021, and then fell modestly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.9% per year.

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

In 2022, supplies from abroad of hop cones; neither ground nor powdered nor in the form of pelletses was finally on the rise to reach 705 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt curtailment.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses rose notably to $17K in 2022. Overall, imports, however, saw a noticeable descent.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.517.616.016.8-4.8%
OthersN/AN/AN/AN/A0%
Total19.517.616.016.8-4.8%

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

  1. United States (705.0 kg)

Source: IndexBox Market Intelligence Platform

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