Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France (CIF) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France (CIF) - 2023
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $621 per ton in October 2023, with a decrease of -96.3% against the previous month. Over the period under review, the import price showed a precipitous setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 57% m-o-m. The import price peaked at $23,162 per ton in June 2023; however, from July 2023 to October 2023, 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 the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to +2.4% per month.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $1,111 per ton, shrinking by -91.8% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 25%. Over the period under review, the average export prices reached the maximum at $14,937 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($9,241 per ton), while the average price for exports to Croatia ($45 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 Romania (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France
For the fourth year in a row, France recorded growth in overseas purchases of hop cones; ground, powdered or in the form of pellets; lupulin, which increased by 9.6% to 566 tons in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 151% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin reduced markedly to $10M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 214%. As a result, imports reached the peak of $14M, and then declined remarkably in the following year.
Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.2 | 2.2 | 9.0 | 4.6 | 56.5% |
Belgium | 0.7 | 1.6 | 3.0 | 3.9 | 77.3% |
New Zealand | N/A | 0.1 | 0.3 | 0.6 | 144.9% |
United States | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
United Kingdom | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
Spain | N/A | N/A | 0.4 | 0.3 | -25.0% |
Poland | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Total | 2.3 | 4.3 | 13.5 | 10.5 | 65.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to France in 2022:
- Germany (320.3 tons)
- Belgium (159.6 tons)
- New Zealand (20.7 tons)
- United States (19.2 tons)
- Poland (13.8 tons)
- United Kingdom (12.4 tons)
- Spain (9.9 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France
For the fourth consecutive year, France recorded growth in overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin, which increased by 2,685% to 7.7K tons in 2022. Over the period under review, exports posted significant growth. 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 skyrocketed to $8.6M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 143% against the previous year. Over the period under review, the exports of hop cones; ground, powdered or in form of pellets; lupulin reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in France (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | N/A | N/A | N/A | 3,014 | 0% |
Belgium | 465 | 781 | 758 | 926 | 25.8% |
Croatia | N/A | N/A | N/A | 290 | 0% |
Romania | N/A | N/A | N/A | 63.1 | 0% |
Others | 611 | 758 | 2,989 | 4,304 | 91.7% |
Total | 1,076 | 1,539 | 3,746 | 8,596 | 99.9% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from France in 2022:
- Croatia (6.5K tons)
- Romania (0.5K tons)
- Mexico (0.3K tons)
- Belgium (0.1K tons)
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