Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bolivia - 2023

Contents:

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

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

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $19,622 per ton, surging by 77% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Germany ($19,622 per ton), while the price for the United States amounted to $19,621 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 43 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Bolivia; with a decrease of -24.9% compared with 2021 figures. Over the period under review, imports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 2.6%.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $846K in 2022. Overall, imports showed a abrupt setback.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6475195226972.5%
Germany304189113139-23.0%
Argentina67.6N/AN/AN/A0%
Others0.81.23.110.0132.1%
Total1,019708637846-6.0%

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

  1. United States (35.5 tons)
  2. Germany (7.1 tons)

Source: IndexBox Market Intelligence Platform

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