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

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $11,094 per ton in 2022, falling by -5.8% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; neither ground nor powdered nor in the form of pelletses decreased by -22.8% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 39% against the previous year. Over the period under review, average import prices attained the peak figure at $14,374 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 the UK ($15,969 per ton), while the price for China ($2,139 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $7,792 per ton in 2022, reducing by -11.2% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 57% against the previous year. Over the period under review, the average export prices hit record highs at $9,275 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($13,335 per ton), while the average price for exports to Germany stood at $7,306 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.4%), 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 France

In 2022, imports of hop cones; neither ground nor powdered nor in the form of pelletses into France surged to 128 tons, increasing by 156% against the previous year's figure. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 359% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $1.4M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 276% against the previous year. Over the period under review, imports of hop cones; neither ground nor powdered nor in form of pelletses attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12599.35001,330119.9%
United KingdomN/AN/A35.231.0-11.9%
Belgium60.153.70.81.8-68.9%
Others31.63.653.458.622.9%
Total2171575891,42187.1%

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

  1. Germany (123.6 tons)
  2. United Kingdom (1.9 tons)
  3. Belgium (0.1 tons)

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

In 2022, shipments abroad of hop cones; neither ground nor powdered nor in the form of pelletses was finally on the rise to reach 60 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a sharp decline.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses declined to $467K in 2022. Over the period under review, exports, however, continue to indicate a significant curtailment. The smallest decline of -0.6% was in 2020.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany933907396404-24.3%
Belgium11040.390.160.2-18.2%
United Kingdom761850N/AN/A11.7%
Others38.934.113.43.1-57.0%
Total1,8421,832500467-36.7%

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

  1. Germany (55.2 tons)
  2. Belgium (4.5 tons)

Source: IndexBox Market Intelligence Platform

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