Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Malaysia - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Malaysia (CIF) - 2022
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Malaysia
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Malaysia (CIF) - 2022
In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $6,850 per ton, shrinking by -22.6% against the previous year. Overall, the import price, however, posted a moderate expansion. The growth pace was the most rapid in 2015 when the average import price increased by 553% against the previous year. Over the period under review, average import prices hit record highs at $32,583 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 ($15,938 per ton), while the price for Myanmar stood at $539 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+74.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Malaysia
In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses imported into Malaysia skyrocketed to 1.1 tons, increasing by 1,793% against the previous year's figure. Overall, imports recorded a significant expansion. As a result, imports reached 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 surged to $7.5K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | N/A | 0.3 | 7.2 | 316.0% |
| Myanmar | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 0.4 | N/A | 0.5 | 7.5 | 165.7% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Malaysia in 2022:
- Myanmar (648.0 kg)
- Germany (450.0 kg)
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