Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland (CIF) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland (FOB) - 2023
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland (CIF) - 2023
In October 2023, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $23,670 per ton, jumping by 86% against the previous month. Overall, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 131% m-o-m. Over the period under review, average import prices hit record highs in October 2023.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +7.8% per month.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland (FOB) - 2023
The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $18,153 per ton in October 2023, falling by -34.6% against the previous month. In general, the export price, however, showed a tangible expansion. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 137% month-to-month. As a result, the export price reached the peak level of $30,337 per ton. From February 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($25,947 per ton), while the average price for exports to Russia totaled $12,022 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+22.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Poland shrank slightly to 1K tons, therefore, remained relatively stable against 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 +43.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 1K tons, leveling off in the following year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin dropped slightly to $13M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $13M, leveling off in the following year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 4.9 | 8.8 | 6.4 | 13.3% |
| United States | 1.6 | 2.5 | 3.0 | 4.4 | 40.1% |
| United Kingdom | N/A | N/A | N/A | 0.7 | 0% |
| Ukraine | N/A | N/A | N/A | 0.3 | 0% |
| Belgium | 1.2 | 0.6 | 0.4 | 0.3 | -37.0% |
| Others | 0.3 | 0.5 | 0.6 | 0.6 | 26.0% |
| Total | 7.6 | 8.5 | 12.9 | 12.8 | 19.0% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Poland in 2022:
- Germany (729.7 tons)
- United States (173.0 tons)
- Ukraine (39.8 tons)
- United Kingdom (37.5 tons)
- Belgium (11.2 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland
In 2022, approx. 244 tons of hop cones; ground, powdered or in the form of pellets; lupulin were exported from Poland; rising by 46% on 2021. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 184%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $2.6M in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 182% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 129 | 334 | 632 | 1,192 | 109.8% |
| Belarus | N/A | 16.1 | N/A | 492 | 452.8% |
| Germany | 66.2 | 151 | 435 | 264 | 58.6% |
| Russia | 25.5 | 94.8 | 302 | 243 | 112.0% |
| Sweden | N/A | N/A | N/A | 171 | 0% |
| Italy | 21.2 | N/A | N/A | 55.7 | 38.0% |
| Vietnam | N/A | 202 | N/A | 27.0 | -63.4% |
| United Kingdom | N/A | N/A | N/A | 18.4 | 0% |
| France | N/A | N/A | 4.3 | 15.6 | 262.8% |
| Iran | N/A | N/A | 99.3 | N/A | 0% |
| Israel | 88.1 | 175 | 80.1 | N/A | -4.6% |
| Others | 22.7 | 21.5 | 38.8 | 159 | 91.3% |
| Total | 353 | 995 | 1,592 | 2,638 | 95.5% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Poland in 2022:
- Ukraine (87.3 tons)
- Germany (51.1 tons)
- Belarus (44.3 tons)
- Russia (20.3 tons)
- Sweden (9.6 tons)
- France (5.8 tons)
- United Kingdom (5.1 tons)
- Italy (4.7 tons)
- Vietnam (4.2 tons)
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