Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia - 2022

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia (CIF) - 2022
  2. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia (FOB) - 2022
  3. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia
  4. Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $24,186 per ton, declining by -15.9% against the previous year. In general, the import price showed a deep reduction. Over the period under review, average import prices hit record highs at $77,087 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -15.6% per year.

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

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $18,520 per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2020 to 2022, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.

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

In 2022, imports of hop cones; neither ground nor powdered nor in the form of pelletses into Estonia expanded markedly to 2.3 tons, with an increase of 10% against the previous year. The total import volume increased at an average annual rate of +10.5% over the period from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. 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 fell to $55K in 2022. Over the period under review, imports, however, recorded a abrupt slump.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Poland58.954.8-7.0%
OthersN/AN/A0%
Total58.954.8-7.0%

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

  1. Poland (2.3 tons)

Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia

In 2022, approx. 50 kg of hop cones; neither ground nor powdered nor in the form of pelletses were exported from Estonia; approximately reflecting the previous year's figure. In general, exports recorded a sharp decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses totaled $926 in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2021.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
SwitzerlandN/AN/A0.90%
Denmark1.9N/AN/A0%
OthersN/AN/AN/A0%
Total1.9N/A0.9-31.2%

Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Estonia in 2022:

  1. Switzerland (50.0 kg)

Source: IndexBox Market Intelligence Platform

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