Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia (FOB) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia (CIF) - 2022
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia (FOB) - 2023
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $38,483 per ton in October 2023, rising by 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In October 2023, the countries with the highest prices were Latvia ($40,794 per ton) and Poland ($40,457 per ton), while the average price for exports to Lithuania ($35,819 per ton) and Finland ($35,906 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $28,269 per ton, increasing by 6.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 64%. The import price peaked at $30,132 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 ($34,833 per ton), while the price for the United Arab Emirates ($7,519 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia
Exports of hop cones; ground, powdered or in the form of pellets; lupulin from Estonia skyrocketed to 33 tons in 2022, with an increase of 33% on the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 731,300% against the previous year. Over the period under review, the exports of hop cones; ground, powdered or in form of pellets; lupulin hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $1.1M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 895,485%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | 187 | 394 | 365 | 39.7% |
| Latvia | 0.1 | 180 | 221 | 218 | 1196.6% |
| Sweden | N/A | 10.1 | 73.6 | 164 | 303.0% |
| Lithuania | N/A | 18.5 | 31.6 | 89.4 | 119.8% |
| Poland | N/A | 99.8 | 85.7 | 87.5 | -6.4% |
| Hungary | N/A | 6.6 | N/A | 69.0 | 223.3% |
| Slovenia | N/A | 23.0 | N/A | 31.3 | 16.7% |
| Others | N/A | 22.0 | 6.3 | 42.1 | 38.3% |
| Total | 0.1 | 546 | 812 | 1,066 | 2100.8% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Estonia in 2022:
- Finland (10.6 tons)
- Latvia (7.0 tons)
- Sweden (5.6 tons)
- Lithuania (3.0 tons)
- Poland (2.4 tons)
- Hungary (2.2 tons)
- Slovenia (1.1 tons)
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia
In 2022, overseas purchases of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -48% to 27 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin declined notably to $759K in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 67% against the previous year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 319 | 286 | 569 | 479 | 14.5% |
| Belgium | 46.0 | 8.4 | 36.8 | 128 | 40.7% |
| United States | 175 | 38.0 | 80.0 | 109 | -14.6% |
| New Zealand | N/A | N/A | 57.0 | 10.9 | -80.9% |
| United Arab Emirates | N/A | N/A | N/A | 10.0 | 0% |
| United Kingdom | 51.5 | 685 | 566 | 0.6 | -77.3% |
| Others | 45.3 | 43.8 | 65.3 | 22.8 | -20.5% |
| Total | 637 | 1,061 | 1,374 | 759 | 6.0% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Estonia in 2022:
- Germany (16.4 tons)
- Belgium (4.7 tons)
- United States (3.2 tons)
- United Arab Emirates (1.3 tons)
- New Zealand (0.3 tons)
128
This report provides an in-depth analysis of the hop market in Estonia.
145
This report provides an in-depth analysis of the prepared rubber accelerators market in Estonia.
88
This report provides an in-depth analysis of the typewriter market in Estonia.
151
This report provides an in-depth analysis of the stamping foil market in Estonia.
122
This report provides an in-depth analysis of the razor market in Estonia.
483
This report provides an in-depth analysis of the market for brassiere, girdle and corset in Estonia.
37
This report provides an in-depth analysis of the microscope market in Estonia.
111
This report provides an in-depth analysis of the market for chlorides and phosphorus oxychloride and halides in Estonia.
58
This report provides an in-depth analysis of the civil reaction engine market in Estonia.
83
This report provides an in-depth analysis of the brassiere market in Estonia.
1383
Global hop consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
7398
In 2015, the countries with the highest levels of hop production were Ethiopia (X thousand tons), Germany (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
2668
Germany seized control of the hop market. In 2014, Germany exported X thousand tons of hop totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total hop exports in value terms,
1086
In value terms, prepared rubber accelerators imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern...
1316
In value terms, prepared rubber accelerators exports stood at $X in 2016. In general, prepared rubber accelerators exports continue to indicate a relatively flat trend pattern. Over the period unde...
896
In value terms, unused postage, revenue and similar stamps imports amounted to $X in 2016. Overall, unused postage, revenue and similar stamps imports continue to indicate a drastic shrinkage. Over t...
1226
In value terms, unused postage, revenue and similar stamps exports totaled $X in 2016. Overall, unused postage, revenue and similar stamps exports continue to indicate a significant contraction. Ov...
92
Discover the top import markets for razors in 2023 and the key statistics for each country. Explore the demand for grooming products and the opportunities in the global razor market.
1108
In value terms, razors and razor blades imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
649
In value terms, razors and razor blades exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
