Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium (CIF) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium (FOB) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium (CIF) - 2022
In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $9,963 per ton, approximately equating the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $13,607 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($14,891 per ton), while the price for the United States ($5,725 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 (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium (FOB) - 2022
The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $19,413 per ton in 2022, with a decrease of -14.7% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hop cones; neither ground nor powdered nor in the form of pelletses decreased by -38.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. As a result, the export price attained the peak level of $31,471 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($23,075 per ton), while the average price for exports to the Czech Republic ($12,983 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 Czech Republic (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium
In 2022, purchases abroad of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -39.7% to 46 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 when imports increased by 85% against the previous year.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses dropped dramatically to $455K in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 76%.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 175 | 329 | 332 | 292 | 18.6% |
| France | 66.5 | 48.3 | 145 | 103 | 15.7% |
| Czech Republic | 9.4 | 136 | 97.4 | 46.7 | 70.6% |
| United States | 27.8 | 1.7 | 70.7 | 0.5 | -73.8% |
| Others | 34.7 | 37.6 | 118 | 12.5 | -28.8% |
| Total | 313 | 552 | 763 | 455 | 13.3% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Belgium in 2022:
- Germany (30.6 tons)
- France (10.3 tons)
- Czech Republic (3.7 tons)
- United States (0.1 tons)
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium
In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses exported from Belgium surged to 17 tons, picking up by 54% compared with the year before. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 451% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $325K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 678%. As a result, the exports attained the peak of $389K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.9 | 215 | 98.6 | 241 | 402.4% |
| Czech Republic | 2.2 | N/A | N/A | 45.8 | 175.1% |
| France | 32.3 | 65.4 | 134 | 37.3 | 4.9% |
| Netherlands | 6.7 | 25.9 | 6.2 | 0.6 | -55.3% |
| Finland | N/A | 78.4 | N/A | N/A | 0% |
| Others | 6.8 | 4.5 | 9.1 | N/A | 15.7% |
| Total | 50.0 | 389 | 248 | 325 | 86.6% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Belgium in 2022:
- United Kingdom (11.6 tons)
- Czech Republic (3.5 tons)
- France (1.6 tons)
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