Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Brazil - 2024

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Brazil (CIF) - 2022
  2. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Brazil

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Brazil (CIF) - 2022

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $20,448 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the import price saw strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 46%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +28.2% per year.

Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Brazil

In 2022, purchases abroad of hop cones; neither ground nor powdered nor in the form of pelletses was finally on the rise to reach 536 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp descent.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $11K in 2022. In general, imports, however, faced a sharp decrease.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States48.214.11.011.0-38.9%
China5.15.40.3N/A-75.7%
Czech Republic3.63.10.4N/A-66.7%
Italy3.52.60.3N/A-70.7%
Others2.71.60.2N/A-72.8%
Total63.226.72.111.0-44.2%

Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Brazil in 2022:

  1. United States (536.0 kg)

Source: IndexBox Market Intelligence Platform

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