Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany (CIF) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany (FOB) - 2023
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany (CIF) - 2022
The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $7,629 per ton in 2022, reducing by -8.2% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; neither ground nor powdered nor in the form of pelletses decreased by -21.4% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 32%. The import price peaked at $9,713 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($10,174 per ton), while the price for Poland ($5,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.6%), 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 Germany (FOB) - 2023
The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $9,903 per ton in November 2023, dropping by -14.1% against the previous month. Overall, the export price continues to indicate a pronounced downturn. The growth pace was the most rapid in September 2023 an increase of 47% against the previous month. Over the period under review, the average export prices attained the maximum at $18,972 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Switzerland ($18,236 per ton), while the average price for exports to the UK ($7,657 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.0%), 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 Germany
In 2022, approx. 5.5K tons of hop cones; neither ground nor powdered nor in the form of pelletses were imported into Germany; approximately mirroring the previous year's figure. Over the period under review, imports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of 6.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses contracted to $42M in 2022. In general, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports attained the peak of $61M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 13.3 | 16.2 | 10.0 | 11.8 | -3.9% |
| Czech Republic | 14.2 | 13.2 | 16.5 | 10.1 | -10.7% |
| Slovenia | 11.6 | 16.8 | 10.8 | 9.3 | -7.1% |
| France | 4.3 | 5.0 | 4.2 | 5.0 | 5.2% |
| Austria | 3.5 | 2.7 | 0.7 | 3.2 | -2.9% |
| Spain | 0.7 | 0.9 | 1.0 | 1.3 | 22.9% |
| United Kingdom | 2.2 | 2.4 | 1.2 | 0.2 | -55.0% |
| Others | 2.1 | 3.9 | 1.3 | 1.3 | -14.8% |
| Total | 51.9 | 61.2 | 45.6 | 42.2 | -6.7% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Germany in 2022:
- Poland (2171.9 tons)
- Slovenia (1118.2 tons)
- Czech Republic (1019.8 tons)
- France (620.5 tons)
- Austria (312.5 tons)
- Spain (163.1 tons)
- United Kingdom (17.5 tons)
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany
Exports of hop cones; neither ground nor powdered nor in the form of pelletses from Germany contracted significantly to 356 tons in 2022, waning by -34.1% against the previous year's figure. In general, exports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 540 tons, and then fell notably in the following year.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses fell markedly to $3.8M in 2022. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 14%. As a result, the exports reached the peak of $6.5M, and then declined dramatically in the following year.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,857 | 1,390 | 1,933 | 1,942 | 1.5% |
| France | 58.9 | 373 | 431 | 422 | 92.8% |
| Austria | 282 | 98.5 | 241 | 405 | 12.8% |
| Belgium | 541 | 220 | 381 | 313 | -16.7% |
| United States | 1,959 | 2,551 | 2,917 | 177 | -55.1% |
| Sweden | 100 | 79.4 | 152 | 113 | 4.2% |
| Uzbekistan | 234 | 240 | 103 | 80.8 | -29.8% |
| Others | 497 | 750 | 334 | 358 | -10.4% |
| Total | 5,531 | 5,701 | 6,493 | 3,811 | -11.7% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Germany in 2022:
- United Kingdom (199.7 tons)
- France (32.6 tons)
- Belgium (26.8 tons)
- Austria (26.1 tons)
- Sweden (13.4 tons)
- United States (12.5 tons)
- Uzbekistan (10.0 tons)
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