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

Contents:

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

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

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $9,316 per ton, increasing by 5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 15%. As a result, import price attained the peak level of $11,014 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($44,130 per ton), while the price for France ($6,734 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), 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 Ecuador

In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Ecuador declined to 153 tons, with a decrease of -14.9% compared with the previous year's figure. In general, imports showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, imports reached the peak of 179 tons, and then contracted in the following year.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin declined to $1.4M in 2022. Over the period under review, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $1.6M, and then dropped in the following year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27044947148721.7%
United States904350471241-35.6%
Peru55.810298.998.120.7%
FranceN/AN/AN/A41.40%
Others34235054955417.4%
Total1,5721,2511,5911,421-3.3%

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

  1. Germany (62.0 tons)
  2. United States (12.4 tons)
  3. France (6.2 tons)
  4. Peru (2.2 tons)

Source: IndexBox Market Intelligence Platform

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