Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK (CIF) - 2023
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK (FOB) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK (CIF) - 2023
In November 2023, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $11,451 per ton, dropping by -4.3% against the previous month. In general, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in April 2023 an increase of 184% month-to-month. The import price peaked at $27,099 per ton in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($24,157 per ton), while the price for Poland ($5,749 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK (FOB) - 2022
The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $12,997 per ton in 2022, growing by 4.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 19% against the previous year. As a result, the export price reached the peak level of $14,639 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($18,872 per ton), while the average price for exports to Germany ($11,892 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 Canada (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK
In 2022, after two years of decline, there was significant growth in purchases abroad of hop cones; neither ground nor powdered nor in the form of pelletses, when their volume increased by 59% to 973 tons. Over the period under review, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $12M in 2022. Overall, imports, however, faced a deep setback.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.0 | 6.9 | 4.9 | 4.0 | -23.7% |
| Canada | N/A | N/A | N/A | 3.8 | 0% |
| Slovenia | 2.0 | 1.7 | 0.7 | 1.1 | -18.1% |
| Germany | 2.9 | 2.0 | 1.9 | 0.8 | -34.9% |
| France | 0.6 | 0.7 | N/A | 0.7 | 5.3% |
| Poland | 0.6 | 0.5 | 0.2 | 0.6 | 0.0% |
| Belgium | 0.9 | 0.5 | 0.1 | 0.4 | -23.7% |
| Others | 1.2 | 1.0 | 0.8 | 0.8 | -12.6% |
| Total | 17.2 | 13.3 | 8.5 | 12.2 | -10.8% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to the UK in 2022:
- Canada (247.4 tons)
- United States (232.9 tons)
- Slovenia (145.7 tons)
- Poland (100.6 tons)
- Germany (87.0 tons)
- France (85.0 tons)
- Belgium (38.4 tons)
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK
After three years of growth, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -35.7% to 100 tons in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4%. As a result, the exports reached the peak of 156 tons, and then dropped remarkably in the following year.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses declined sharply to $1.3M in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 4.5 | 191 | 592 | 1047.0% |
| Germany | 258 | 190 | 1,138 | 302 | 5.4% |
| United States | 631 | 1,060 | 90.3 | 229 | -28.7% |
| France | 208 | 164 | 75.3 | 53.3 | -36.5% |
| Sweden | 90.0 | 123 | 48.4 | 47.5 | -19.2% |
| Netherlands | 70.1 | 76.9 | 50.9 | 34.5 | -21.0% |
| Others | 370 | 305 | 335 | 42.2 | -51.5% |
| Total | 1,628 | 1,924 | 1,930 | 1,301 | -7.2% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from the UK in 2022:
- Canada (46.5 tons)
- Germany (25.4 tons)
- United States (17.0 tons)
- Sweden (3.2 tons)
- France (2.8 tons)
- Netherlands (2.4 tons)
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