Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $12,603 per ton in 2022, picking up by 20% against the previous year. In general, the import price saw notable growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 65%. The import price peaked at $20,910 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.5% per year.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $3,310 per ton, with a decrease of -71.3% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 36%. Over the period under review, the average export prices reached the peak figure at $17,585 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($21,925 per ton), while the average price for exports to Norway ($106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia
In 2022, overseas purchases of hop cones; ground, powdered or in the form of pellets; lupulin increased by 96% to 24 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic descent.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $301K in 2022. Overall, imports, however, continue to indicate a dramatic decrease.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 906 | 550 | 129 | 301 | -30.7% |
| United Kingdom | 297 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,203 | 550 | 129 | 301 | -37.0% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Ethiopia in 2022:
- Germany (23.9 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from Ethiopia soared to 70 tons, jumping by 603% on the previous year. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak 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 $232K in 2022. In general, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 126 | 140 | 96.0 | 169 | 10.3% |
| United States | 5.8 | 2.4 | 4.3 | 28.4 | 69.8% |
| Canada | 2.7 | 5.5 | 12.9 | 8.3 | 45.4% |
| Netherlands | N/A | N/A | N/A | 6.3 | 0% |
| United Kingdom | N/A | N/A | N/A | 6.0 | 0% |
| Sweden | 0.8 | N/A | 0.7 | 5.8 | 93.5% |
| Norway | N/A | 0.2 | 0.1 | 3.8 | 335.9% |
| Others | N/A | 0.1 | 0.9 | 4.4 | 563.3% |
| Total | 135 | 148 | 115 | 232 | 19.8% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Ethiopia in 2022:
- Norway (36.3 tons)
- United States (8.8 tons)
- Israel (7.7 tons)
- Netherlands (4.2 tons)
- Sweden (4.2 tons)
- United Kingdom (3.0 tons)
- Canada (2.6 tons)
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