Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia - 2024
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $31,356 per ton in 2022, increasing by 38% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 251% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 the United States ($44,537 per ton), while the price for Slovenia ($969 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia (FOB) - 2022
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $1,586 per ton in 2022, surging by 354% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2013 an increase of 666%. As a result, the export price attained the peak level of $5,368 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +53.2% per year.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia
In 2022, after two years of decline, there was significant growth in purchases abroad of hop cones; ground, powdered or in the form of pellets; lupulin, when their volume increased by 1,883% to 14 tons. In general, imports posted a significant increase. 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 $450K in 2022. Overall, imports saw a significant expansion. 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 40.4 | 31.2 | 15.1 | 427 | 119.5% |
| Hong Kong SAR | N/A | N/A | N/A | 12.6 | 0% |
| Slovenia | N/A | N/A | N/A | 2.3 | 0% |
| Others | 1.3 | 1.4 | 1.3 | 8.5 | 87.0% |
| Total | 41.7 | 32.5 | 16.4 | 450 | 121.0% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Malaysia in 2022:
- Germany (11.0 tons)
- Slovenia (2.3 tons)
- Hong Kong SAR (0.8 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia
In 2022, approx. 573 kg of hop cones; ground, powdered or in the form of pellets; lupulin were exported from Malaysia; declining by -78.5% against the previous year. Overall, exports continue to indicate a precipitous setback.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin declined modestly to $909 in 2022. Over the period under review, exports recorded a pronounced decrease.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Malaysia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Vietnam | N/A | 909 | 0% | ||
| New Zealand | 931 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 931 | 909 | -2.4% | ||
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Malaysia in 2022:
- Vietnam (573.0 kg)
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