Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in South Africa - 2024

Contents:

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

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

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $9,249 per ton, picking up by 8.6% against the previous year. In general, the export price recorded a noticeable expansion. The growth pace was the most rapid in 2018 an increase of 834% against the previous year. As a result, the export price attained the peak level of $14,327 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($19,093 per ton), while the average price for exports to Namibia ($1,680 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 the United States (+10.6%), 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 South Africa (CIF) - 2022

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $27,130 per ton in 2022, surging by 244% against the previous year. Overall, the import price saw a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($27,136 per ton), while the price for India stood at $27,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in South Africa

In 2022, exports of hop cones; neither ground nor powdered nor in the form of pelletses from South Africa surged to 15 tons, picking up by 18% against the previous year. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $139K in 2022. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 210% against the previous year. As a result, the exports attained the peak of $255K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lesotho0.188.5102102906.6%
MozambiqueN/A1.8N/A26.8285.9%
Botswana17.99.64.44.8-35.5%
Czech RepublicN/AN/AN/A4.70%
Namibia1.20.41.20.8-12.6%
Swaziland16.3N/AN/AN/A0%
United States44.1155N/AN/A251.5%
Others2.80.30.20.2-58.5%
Total82.425510813919.0%

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

  1. Lesotho (9.0 tons)
  2. Mozambique (4.7 tons)
  3. Botswana (0.6 tons)
  4. Namibia (0.5 tons)
  5. Czech Republic (0.2 tons)

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

In 2022, approx. 23 kg of hop cones; neither ground nor powdered nor in the form of pelletses were imported into South Africa; dropping by -78.5% against the previous year. In general, imports recorded a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by 410%. As a result, imports attained the peak of 107 kg, and then reduced dramatically in the following year.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses contracted significantly to $624 in 2022. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 194%. As a result, imports reached the peak of $845, and then dropped dramatically in the following year.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in South Africa (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A28710059744.2%
IndiaN/AN/AN/A27.00%
New ZealandN/AN/A197N/A0%
Germany269N/A154N/A-24.3%
United Kingdom136N/A66.0N/A-30.3%
PolandN/AN/A107N/A0%
Czech RepublicN/AN/A165N/A0%
ItalyN/AN/A55.0N/A0%
Others13.0N/A1.0N/A-72.3%
Total41828784562414.3%

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

  1. United States (22.0 kg)
  2. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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