Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada - 2024
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada (CIF) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada (FOB) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada (CIF) - 2022
In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $10,531 per ton, falling by -37.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 76%. Over the period under review, average import prices reached the maximum at $16,762 per ton in 2021, and then fell sharply in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($15,063 per ton), while the price for Ethiopia ($8,145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada (FOB) - 2022
In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $11,613 per ton, surging by 184% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, 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 the United States amounted to +6.0% per year.
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada
Imports of hop cones; neither ground nor powdered nor in the form of pelletses into Canada surged to 49 tons in 2022, jumping by 147% compared with the previous year's figure. Overall, imports, however, faced a dramatic curtailment.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $512K in 2022. Over the period under review, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 131%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 720 | 1,661 | 320 | 457 | -14.1% |
| United Kingdom | 4.2 | 11.4 | 6.1 | 42.5 | 116.3% |
| Ethiopia | 0.1 | 2.2 | N/A | 7.2 | 316.0% |
| Others | 4.7 | 8.7 | 5.0 | 5.9 | 7.9% |
| Total | 729 | 1,684 | 331 | 512 | -11.1% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Canada in 2022:
- United States (43.4 tons)
- United Kingdom (3.6 tons)
- Ethiopia (0.9 tons)
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada
In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses exported from Canada plummeted to 7.7 tons, which is down by -35.1% against 2021. Overall, exports recorded a sharp reduction. The smallest decline of -27% was in 2021.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $90K in 2022. In general, exports saw a deep slump.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 168 | 164 | 3.9 | 89.9 | -18.8% |
| Dominican Republic | N/A | N/A | 37.1 | N/A | 0% |
| France | 2.4 | N/A | N/A | N/A | 0% |
| Iceland | N/A | 8.0 | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 7.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 170 | 172 | 48.8 | 89.9 | -19.1% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Canada in 2022:
- United States (7.7 tons)
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