Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain (CIF) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain (CIF) - 2023
In September 2023, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $26,616 per ton, surging by 328% against the previous month. In general, the import price showed a noticeable increase. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 428% against the previous month. As a result, import price reached the peak level of $35,446 per ton. From December 2022 to September 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Belgium ($33,031 per ton), while the price for Germany ($26,337 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.7%), 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 Spain (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $25,340 per ton, rising by 135% against the previous year. Overall, the export price posted a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 394%. Over the period under review, the average export prices hit record highs at $29,721 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($33,010 per ton), while the average price for exports to Brazil ($6,982 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 the UK (+69.4%), 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 Spain
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Spain declined to 559 tons, with a decrease of -8.1% against the year before. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5% against the previous year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin fell slightly to $8.4M in 2022. In general, imports continue to indicate a deep setback.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 5.3 | 4.3 | 3.9 | -16.9% |
| Belgium | 3.0 | 3.4 | 3.1 | 2.7 | -3.5% |
| United States | N/A | N/A | 0.4 | 1.4 | 250.0% |
| Poland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Austria | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 0.2 | 0.5 | 0.4 | 0.3 | 14.5% |
| Total | 10.3 | 9.4 | 8.4 | 8.4 | -6.6% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Spain in 2022:
- Germany (373.3 tons)
- Belgium (126.3 tons)
- United States (36.6 tons)
- Poland (8.6 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin, when their volume decreased by -70.3% to 26 tons. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 543%.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin declined sharply to $671K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 399%.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 58.1 | 234 | 720 | 481 | 102.3% |
| Portugal | 58.6 | 76.4 | 105 | 138 | 33.0% |
| Germany | N/A | 65.8 | 2.1 | 27.3 | -35.6% |
| Slovenia | N/A | 16.1 | N/A | 15.3 | -2.5% |
| Brazil | N/A | N/A | 7.4 | 8.4 | 13.5% |
| Japan | N/A | N/A | 15.9 | N/A | 0% |
| Belgium | N/A | 62.9 | 29.5 | N/A | -53.1% |
| United Kingdom | N/A | 182 | 0.8 | N/A | -99.6% |
| Netherlands | 24.8 | 61.8 | 75.6 | N/A | 74.6% |
| Others | 4.3 | 28.2 | 6.7 | 2.0 | -22.5% |
| Total | 146 | 728 | 963 | 671 | 66.3% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Spain in 2022:
- France (19.6 tons)
- Portugal (4.2 tons)
- Brazil (1.2 tons)
- Germany (1.0 tons)
- Slovenia (0.5 tons)
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