Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan - 2022

Contents:

  1. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan (CIF) - 2022
  2. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan (FOB) - 2022
  3. Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan
  4. Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan (CIF) - 2022

The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $15,031 per ton in 2022, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2013 when the average import price increased by 30%. The import price peaked at $15,134 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($32,192 per ton), while the price for China ($7,940 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan (FOB) - 2022

In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $9,662 per ton, falling by -2.2% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices attained the peak figure at $14,394 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.3% per year.

Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan

In 2022, approx. 122 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Kazakhstan; which is down by -22.5% against 2021. Overall, imports saw a abrupt shrinkage. The smallest decline of -5.1% was in 2020.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank to $1.8M in 2022. In general, imports showed a abrupt slump. The smallest decline of -8.6% was in 2020.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1989707781,126-2.0%
United States10.647.3136457250.6%
Russia321362196124-27.2%
Australia1.4N/AN/A67.6264.1%
Czech Republic34.032.056.231.9-2.1%
China17.817.117.829.418.2%
Others1,1071,030922N/A-8.7%
Total2,6892,4592,1061,836-11.9%

Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Kazakhstan in 2022:

  1. Germany (90.0 tons)
  2. United States (18.2 tons)
  3. Russia (5.9 tons)
  4. China (3.7 tons)
  5. Czech Republic (2.2 tons)
  6. Australia (2.1 tons)

Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan

In 2022, exports of hop cones; ground, powdered or in the form of pellets; lupulin from Kazakhstan surged to 33 tons, growing by 1,315% against the previous year's figure. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $319K in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.76.223.1319472.5%
OthersN/AN/AN/AN/A0%
Total1.76.223.1319472.5%

Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Kazakhstan in 2022:

  1. Russia (33.0 tons)

Source: IndexBox Market Intelligence Platform

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