Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Luxembourg - 2023

Contents:

  1. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Luxembourg (CIF) - 2022
  2. Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Luxembourg

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Luxembourg (CIF) - 2022

The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $12,343 per ton in 2022, which is down by -37.6% against the previous year. Over the period under review, the import price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2020 an increase of 214%. As a result, import price reached the peak level of $22,981 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($15,106 per ton), while the price for France amounted to $11,130 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%).

Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Luxembourg

Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Luxembourg surged to 11 tons in 2022, jumping by 326% against the previous year. Over the period under review, imports continue to indicate a buoyant increase. 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 $133K in 2022. In general, imports saw a significant increase. As a result, imports reached 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A1.0N/A94.8873.7%
Germany50.62.924.229.7-16.3%
United States2.810.82.03.35.6%
BelgiumN/A7.118.92.7-38.3%
Others1.64.84.82.312.9%
Total55.026.549.913334.2%

Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Luxembourg in 2022:

  1. France (8.5 tons)
  2. Germany (2.0 tons)
  3. United States (0.1 tons)
  4. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform

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