Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Nepal - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Nepal (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Nepal
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Nepal (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $15,254 per ton, surging by 15% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 50% against the previous year. The import price peaked at $17,490 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($31,472 per ton), while the price for the United States ($8,174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Nepal
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin imported into Nepal expanded remarkably to 30 tons, with an increase of 10% against the previous year's figure. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 63%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin surged to $458K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 205 | 259 | 259 | 328 | 17.0% |
India | 23.8 | 47.1 | 21.4 | 47.7 | 26.1% |
United States | 36.3 | 54.8 | 39.7 | 41.1 | 4.2% |
Slovenia | N/A | N/A | N/A | 31.5 | 0% |
Poland | N/A | 9.7 | N/A | 8.1 | -8.6% |
Hong Kong SAR | N/A | N/A | 19.6 | N/A | 0% |
Others | 11.4 | 14.8 | 22.7 | 1.1 | -54.1% |
Total | 277 | 386 | 362 | 458 | 18.2% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Nepal in 2022:
- Germany (21.5 tons)
- United States (5.0 tons)
- India (1.9 tons)
- Slovenia (1.0 tons)
- Poland (0.5 tons)
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