Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $2,375 per ton, with a decrease of -31.2% against the previous year. In general, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the maximum at $3,624 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Belgium ($18,638 per ton), while the price for Germany ($1,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-2.7%), while the prices for the other major suppliers experienced a decline.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $30,143 per ton, declining by -2.7% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the maximum at $30,980 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($45,135 per ton), while the average price for exports to Switzerland ($15,886 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 Malta (+18.5%), 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 Italy
In 2022, purchases abroad of hop cones; ground, powdered or in the form of pellets; lupulin was finally on the rise to reach 5.4K tons after two years of decline. Overall, imports enjoyed resilient growth. As a result, imports attained 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 $13M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.6 | 6.8 | 5.0 | 6.8 | 1.0% |
| Belgium | 3.3 | 3.1 | 3.5 | 3.8 | 4.8% |
| Czech Republic | 0.3 | 0.2 | 0.7 | 0.5 | 18.6% |
| Others | 1.0 | 0.6 | 0.7 | 1.7 | 19.3% |
| Total | 11.2 | 10.7 | 9.9 | 12.9 | 4.8% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Italy in 2022:
- Germany (5.0K tons)
- Belgium (0.2K tons)
- Czech Republic (0.1K tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy
In 2022, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin decreased by -38.7% to 5.7 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 94%. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin shrank rapidly to $172K in 2022. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. As a result, the exports attained the peak of $606K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 98.0 | 79.4 | 70.8 | 41.2 | -25.1% |
| Croatia | 11.2 | 24.9 | 22.4 | 29.6 | 38.3% |
| Slovenia | 50.0 | 33.3 | 20.9 | 27.0 | -18.6% |
| Greece | 13.2 | 9.7 | 17.4 | 14.9 | 4.1% |
| Spain | 32.2 | 28.9 | 8.0 | 8.7 | -35.4% |
| Malta | 3.8 | 3.9 | 7.5 | 7.1 | 23.2% |
| Austria | 1.1 | 2.4 | 4.5 | 5.4 | 70.0% |
| Denmark | 3.6 | 1.7 | 4.6 | 5.1 | 12.3% |
| Hungary | 16.3 | 11.8 | 9.6 | 5.0 | -32.6% |
| Germany | 48.5 | 206 | 75.6 | 4.3 | -55.4% |
| Cyprus | 3.5 | 4.7 | 12.4 | 4.1 | 5.4% |
| Switzerland | 55.7 | 17.0 | 1.6 | 3.9 | -58.8% |
| Portugal | 4.3 | 0.5 | 2.2 | 3.8 | -4.0% |
| Others | 73.7 | 181 | 30.5 | 11.6 | -46.0% |
| Total | 415 | 606 | 288 | 172 | -25.4% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Italy in 2022:
- France (1460.0 kg)
- Croatia (1078.0 kg)
- Slovenia (764.0 kg)
- Greece (559.0 kg)
- Spain (344.0 kg)
- Switzerland (245.0 kg)
- Malta (182.0 kg)
- Hungary (174.0 kg)
- Austria (139.0 kg)
- Denmark (131.0 kg)
- Cyprus (127.0 kg)
- Germany (96.0 kg)
- Portugal (95.0 kg)
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