Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China (FOB) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China (CIF) - 2022
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China (FOB) - 2022
The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $4,353 per ton in 2022, growing by 28% against the previous year. In general, the export price showed a prominent increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 142% against the previous year. As a result, the export price reached the peak level of $6,996 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($9,633 per ton), while the average price for exports to Russia ($2,063 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 France (+48.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China (CIF) - 2022
The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $14,681 per ton in 2022, with an increase of 4.1% against the previous year. In general, the import price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 87%. As a result, import price reached the peak level of $38,143 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Germany ($46,063 per ton), while the price for the United States stood at $13,999 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced a decline.
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China
In 2022, shipments abroad of hop cones; neither ground nor powdered nor in the form of pelletses increased by 374% to 12 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced shrinkage.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $53K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.2 | N/A | N/A | 33.1 | 99.0% |
| Russia | N/A | N/A | N/A | 16.9 | 0% |
| United States | N/A | 4.9 | 2.7 | 2.8 | -24.4% |
| Spain | 16.7 | N/A | N/A | N/A | 0% |
| Latvia | 9.0 | N/A | N/A | N/A | 0% |
| Australia | N/A | 3.7 | N/A | N/A | 0% |
| Brazil | N/A | 9.5 | 5.9 | N/A | -37.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.9 | 18.1 | 8.7 | 52.8 | 20.9% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from China in 2022:
- Russia (8.2 tons)
- Japan (3.4 tons)
- United States (0.5 tons)
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China
In 2022, imports of hop cones; neither ground nor powdered nor in the form of pelletses into China amounted to 752 kg, increasing by 2.6% on 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses expanded notably to $11K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 10.3 | 10.3 | 0.0% |
| Germany | 1.6 | N/A | N/A | 0.7 | -24.1% |
| Czech Republic | 0.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | N/A | 10.3 | 11.0 | 73.7% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to China in 2022:
- United States (736.0 kg)
- Germany (16.0 kg)
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