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

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $7,245 per ton in 2022, reducing by -64.8% against the previous year. Over the period under review, the import price continues to indicate a dramatic descent. The pace of growth was the most pronounced in 2014 an increase of 1,598%. The import price peaked at $103,150 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17,425 per ton), while the price for Latvia ($5,099 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+22.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses, when their volume decreased by -93.3% to 494 kg. Overall, imports showed a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 546% against the previous year. As a result, imports reached the peak of 7.4 tons, and then plummeted in the following year.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses reduced remarkably to $3.6K in 2022. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 579% against the previous year. As a result, imports reached the peak of $152K, and then shrank markedly in the following year.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/AN/A2.10%
GermanyN/A6.71401.4-54.3%
Czech RepublicN/AN/A10.40.1-99.0%
Slovenia13.814.80.1N/A-91.5%
Others0.80.91.3N/A27.5%
Total14.622.41523.6-37.3%

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

  1. Latvia (406.0 kg)
  2. Germany (80.0 kg)
  3. Czech Republic (6.0 kg)

Source: IndexBox Market Intelligence Platform

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