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

Contents:

  1. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia (CIF) - 2023
  2. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia (FOB) - 2022
  3. Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia
  4. Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia (CIF) - 2023

The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $9,540 per ton in August 2023, dropping by -41.4% against the previous month. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in December 2022 an increase of 143% against the previous month. Over the period under review, average import prices attained the maximum at $26,161 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Slovenia ($10,193 per ton), while the price for Germany amounted to $9,258 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $28,101 per ton in 2022, dropping by -6.7% against the previous year. Overall, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 151%. The export price peaked at $30,120 per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to +22.0% per year.

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

In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Croatia skyrocketed to 106 tons, surging by 16% on the previous year's figure. In general, imports, however, saw a abrupt curtailment.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin fell modestly to $1.5M in 2022. Over the period under review, imports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 22%.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany593483780481-6.7%
Slovenia397190145343-4.8%
FranceN/AN/AN/A2870%
Belgium505381541280-17.8%
Czech Republic59.243.750.066.03.7%
United Kingdom114167N/AN/A46.5%
Others39.3N/A25.926.9-11.9%
Total1,7081,2651,5421,484-4.6%

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

  1. France (34.2 tons)
  2. Germany (30.3 tons)
  3. Slovenia (29.7 tons)
  4. Belgium (6.7 tons)
  5. Czech Republic (3.6 tons)

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

In 2022, overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin increased by 3.6% to 995 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous descent.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin fell modestly to $28K in 2022. Overall, exports, however, saw a dramatic curtailment.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina22.929.628.228.06.9%
Belgium21.5N/AN/AN/A0%
Slovenia11.6N/AN/AN/A0%
Montenegro1.55.10.7N/A-31.7%
Serbia17786.1N/AN/A-51.4%
Albania18.4N/AN/AN/A0%
Others0.4N/AN/AN/A0%
Total25312128.928.0-52.0%

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

  1. Bosnia and Herzegovina (995.0 kg)

Source: IndexBox Market Intelligence Platform

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