Chile - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Price in Chile - 2023
Contents:
- Hop Price in Chile (CIF) - 2023
- Hop Price in Chile (FOB) - 2022
- Hop Imports in Chile
- Hop Exports in Chile
Hop Price in Chile (CIF) - 2023
In September 2023, the average hop import price amounted to $25,968 per ton, rising by 57% against the previous month. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 216% m-o-m. As a result, import price reached the peak level of $42,713 per ton. From November 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($25,928 per ton), while the price for Germany stood at $12,331 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced a decline.
Hop Price in Chile (FOB) - 2022
The average hop export price stood at $24,231 per ton in 2022, picking up by 61% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $28,071 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -0.0% per year.
Hop Imports in Chile
In 2022, after three years of growth, there was significant decline in supplies from abroad of hops, when their volume decreased by -47.1% to 142 tons. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports reached the peak of 268 tons, and then shrank significantly in the following year.
In value terms, hop imports dropped sharply to $2.4M in 2022. In general, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports attained the peak of $4.7M, and then reduced remarkably in the following year.
| Import of Hop in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,144 | 2,155 | 2,738 | 1,388 | 6.7% |
| Germany | 850 | 653 | 1,666 | 788 | -2.5% |
| Czech Republic | 1.5 | 1.4 | 1.8 | 141 | 354.7% |
| Others | 131 | 206 | 301 | 123 | -2.1% |
| Total | 2,126 | 3,016 | 4,708 | 2,440 | 4.7% |
Top Suppliers of Hop to Chile in 2022:
- United States (69.5 tons)
- Germany (59.6 tons)
- Czech Republic (7.6 tons)
Hop Exports in Chile
Hop exports from Chile declined significantly to 225 kg in 2022, which is down by -83.8% on 2021. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 771% against the previous year.
In value terms, hop exports fell dramatically to $5.5K in 2022. Over the period under review, exports faced a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 1,074%.
| Export of Hop in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 7.6 | 1.8 | 12.7 | 5.5 | -10.2% |
| United States | 15.5 | N/A | N/A | N/A | 0% |
| Paraguay | N/A | N/A | 8.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.1 | 1.8 | 21.0 | 5.5 | -38.0% |
Top Export Markets for Hop from Chile in 2022:
- Peru (225.0 kg)
This report provides an in-depth analysis of the hop market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 677 - Hops
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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