Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $12,403 per ton, declining by -21% against the previous year. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $18,087 per ton in 2012; however, from 2013 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 Germany ($24,870 per ton), while the price for the United States stood at $11,859 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala (FOB) - 2022
In 2021, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $31,887 per ton, falling by -26.2% against the previous year. Over the period under review, the export price saw a precipitous decline. The export price peaked at $43,211 per ton in 2020, and then reduced remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2020 to 2021, the rate of growth in terms of prices for Costa Rica amounted to 0.0% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin imported into Guatemala skyrocketed to 18 tons, with an increase of 23% against the year before. Overall, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports of hop cones; ground, powdered or in form of pellets; lupulin reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin reduced to $221K in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports attained the peak of $228K, and then dropped slightly in the following year.
Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 166 | 67.6 | 149 | 203 | 6.9% |
Germany | 30.7 | 83.0 | 61.8 | 18.5 | -15.5% |
Others | 13.6 | 1.3 | 16.9 | N/A | 11.5% |
Total | 211 | 152 | 228 | 221 | 1.6% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Guatemala in 2022:
- United States (17.1 tons)
- Germany (0.7 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Guatemala
In 2021, approx. 150 kg of hop cones; ground, powdered or in the form of pellets; lupulin were exported from Guatemala; jumping by 689% on 2020. Over the period under review, exports showed significant growth. As a result, the exports attained 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 surged to $4.8K in 2021. In general, exports recorded significant growth. As a result, the exports reached 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 Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
Costa Rica | N/A | 4.8 | 0% | ||
Honduras | 0.8 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 0.8 | 4.8 | 500.0% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Guatemala in 2022:
- Costa Rica (150.0 kg)
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