Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany (FOB) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany (CIF) - 2023
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany (FOB) - 2023
In October 2023, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $11,136 per ton, declining by -16.9% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 8.7% month-to-month. Over the period under review, the average export prices reached the maximum at $13,408 per ton in September 2023, and then shrank markedly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($20,517 per ton), while the average price for exports to Mexico ($7,847 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.8%), 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 Germany (CIF) - 2023
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $21,603 per ton in October 2023, approximately mirroring the previous month. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth was the most pronounced in December 2022 an increase of 156% month-to-month. Over the period under review, average import prices reached the peak figure at $25,232 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Australia ($25,768 per ton), while the price for New Zealand ($19,017 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), 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 Germany
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from Germany dropped to 25K tons, falling by -2.8% on the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 4.4% against the previous year. As a result, the exports reached the peak of 26K tons, and then declined in the following year.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin dropped to $279M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.2%. As a result, the exports reached the peak of $294M, and then fell slightly in the following year.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 28.2 | 28.2 | 28.2 | 29.9 | 2.0% |
| United States | 37.0 | 31.8 | 31.5 | 25.8 | -11.3% |
| Japan | 19.8 | 26.1 | 23.8 | 24.9 | 7.9% |
| China | 18.7 | 21.9 | 24.5 | 20.0 | 2.3% |
| United Kingdom | 11.3 | 11.1 | 15.7 | 19.1 | 19.1% |
| Brazil | 22.9 | 18.9 | 28.0 | 14.8 | -13.5% |
| Belgium | 10.6 | 10.9 | 11.1 | 11.0 | 1.2% |
| Thailand | 7.0 | 7.3 | 7.1 | 8.7 | 7.5% |
| Vietnam | 7.2 | 5.9 | 4.9 | 7.3 | 0.5% |
| Mexico | 0.4 | 0.6 | 3.7 | 6.6 | 154.6% |
| India | 4.9 | 3.1 | 3.9 | 5.7 | 5.2% |
| Poland | 6.1 | 6.3 | 7.5 | 5.5 | -3.4% |
| Italy | 6.3 | 5.5 | 4.7 | 5.1 | -6.8% |
| Others | 98.9 | 102 | 99.5 | 95.0 | -1.3% |
| Total | 279 | 280 | 294 | 279 | 0.0% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Germany in 2022:
- Russia (2.8K tons)
- Japan (2.7K tons)
- China (2.2K tons)
- United States (2.1K tons)
- United Kingdom (1.5K tons)
- Brazil (1.2K tons)
- Italy (1.0K tons)
- Belgium (0.9K tons)
- Mexico (0.8K tons)
- Thailand (0.7K tons)
- India (0.6K tons)
- Vietnam (0.6K tons)
- Poland (0.5K tons)
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin imported into Germany surged to 2.9K tons, rising by 118% compared with 2021 figures. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin surged to $53M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 111%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.9 | 17.5 | 20.8 | 44.0 | 70.4% |
| Australia | 0.1 | 4.6 | 4.0 | 7.4 | 319.8% |
| Poland | 0.2 | 0.2 | N/A | 0.8 | 58.7% |
| United Kingdom | 0.4 | 1.2 | 0.2 | 0.4 | 0.0% |
| Slovenia | 2.1 | 0.4 | 0.9 | N/A | -34.5% |
| Others | 0.8 | 2.4 | 0.6 | 0.8 | 0.0% |
| Total | 12.5 | 26.4 | 26.5 | 53.3 | 62.2% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Germany in 2022:
- United States (2376.9 tons)
- Australia (296.2 tons)
- Poland (116.2 tons)
- United Kingdom (31.8 tons)
- Slovenia (2.0 tons)
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