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

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Nepal (CIF) - 2022
  2. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Nepal

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $17,341 per ton, rising by 70% against the previous year. Overall, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 99% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +95.1% per year.

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

In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses imported into Nepal rose slightly to 700 kg, with an increase of 1.7% compared with the previous year. Overall, imports, however, faced a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 205%. As a result, imports reached the peak of 6.7 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 surged to $12K in 2022. In general, imports enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 246% against the previous year. As a result, imports reached the peak of $34K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.38.42.912.154.2%
India4.225.54.1N/A-1.2%
United Arab EmiratesN/A0.1N/AN/A0%
Australia2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.834.07.012.17.3%

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

  1. Germany (700.0 kg)

Source: IndexBox Market Intelligence Platform

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