Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Iraq - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Iraq (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Iraq
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Iraq (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $16,566 per ton, shrinking by -6.1% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; ground, powdered or in the form of pellets; lupulin increased by +12.4% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $26,466 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 +1.9% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Iraq
After three years of growth, purchases abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -20.8% to 5.4 tons in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 300% against the previous year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank dramatically to $90K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 133% against the previous year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.3 | 56.7 | 121 | 89.8 | 52.5% |
| Others | N/A | 2.3 | N/A | N/A | 0% |
| Total | 25.3 | 59.0 | 121 | 89.9 | 52.6% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Iraq in 2022:
- Germany (5.4 tons)
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