Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands (CIF) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands (FOB) - 2023
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands (CIF) - 2023
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $22,680 per ton in October 2023, reducing by -71.8% against the previous month. Overall, the import price showed a pronounced decline. The growth pace was the most rapid in September 2023 when the average import price increased by 91% against the previous month. As a result, import price attained the peak level of $80,388 per ton, and then declined remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($57,261 per ton), while the price for Ethiopia ($1,816 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+8.8%), 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 the Netherlands (FOB) - 2023
In August 2023, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $26,898 per ton, picking up by 6.5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 204% against the previous month. The export price peaked at $40,902 per ton in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In August 2023, the countries with the highest prices were Denmark ($28,933 per ton) and Poland ($28,552 per ton), while the average price for exports to Belgium ($22,539 per ton) and Germany ($24,253 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.5%), 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 the Netherlands
In 2022, approx. 396 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into the Netherlands; jumping by 104% compared with the year before. Over the period under review, imports saw a noticeable expansion.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $12M in 2022. In general, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 102%. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.6 | 8.4 | 4.2 | 6.0 | 18.6% |
| United States | 1.2 | 2.1 | 3.1 | 3.6 | 44.2% |
| New Zealand | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Belgium | 2.5 | 5.5 | 0.8 | 0.6 | -37.9% |
| France | 0.4 | 0.8 | 0.4 | 0.3 | -9.1% |
| United Kingdom | 0.3 | 0.7 | 0.2 | 0.3 | 0.0% |
| Canada | N/A | N/A | N/A | 0.2 | 0% |
| Italy | 0.6 | 1.1 | 0.3 | 0.2 | -30.7% |
| Poland | 0.9 | 0.3 | N/A | 0.2 | -39.4% |
| Denmark | 0.3 | 0.4 | N/A | N/A | 33.3% |
| Others | 0.1 | 0.6 | 0.3 | 0.1 | 0.0% |
| Total | 9.8 | 19.9 | 9.6 | 12.2 | 7.6% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to the Netherlands in 2022:
- United States (186.5 tons)
- Germany (130.9 tons)
- New Zealand (21.7 tons)
- United Kingdom (17.0 tons)
- Poland (15.7 tons)
- Canada (6.8 tons)
- Belgium (6.6 tons)
- France (3.4 tons)
- Italy (1.5 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin exported from the Netherlands skyrocketed to 63 tons, picking up by 345% on 2021 figures. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 816% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $809K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 379% against the previous year. Over the period under review, the exports of hop cones; ground, powdered or in form of pellets; lupulin reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 391 | 0% |
| United Kingdom | N/A | N/A | 58.3 | 146 | 150.4% |
| Germany | 65.9 | N/A | N/A | 74.3 | 4.1% |
| Switzerland | N/A | 38.5 | N/A | 28.8 | -13.5% |
| China | N/A | N/A | 108 | N/A | 0% |
| Nepal | N/A | N/A | 17.2 | N/A | 0% |
| Others | 11.1 | 12.8 | 62.4 | 170 | 148.3% |
| Total | 77.0 | 51.4 | 246 | 809 | 119.0% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from the Netherlands in 2022:
- United States (51.6 tons)
- United Kingdom (5.6 tons)
- Germany (1.2 tons)
- Switzerland (1.1 tons)
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