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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $7,156 per ton, reducing by -45.6% against the previous year. Over the period under review, the import price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 152%. Over the period under review, average import prices hit record highs at $13,142 per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,053 per ton), while the price for China ($4,217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+40.8%), 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 Russia (FOB) - 2022

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $21,316 per ton, jumping by 27% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 139%. Over the period under review, the average export prices hit record highs at $33,333 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($21,331 per ton), while the average price for exports to Kazakhstan amounted to $21,309 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+45.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses imported into Russia surged to 12 tons, jumping by 123% against 2021. Over the period under review, imports enjoyed pronounced growth. 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 soared to $84K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 53%. As a result, imports reached the peak of $98K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A32.00%
Germany4.611.817.220.263.8%
Lithuania2.120.72.916.799.6%
United KingdomN/AN/A48.813.5-72.3%
SloveniaN/A10.4N/AN/A0%
Ukraine55.450.4N/AN/A-9.0%
Others2.25.0N/A1.2-18.3%
Total64.398.468.983.79.2%

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

  1. China (7.6 tons)
  2. Lithuania (2.1 tons)
  3. Germany (1.1 tons)
  4. United Kingdom (0.8 tons)

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

Exports of hop cones; neither ground nor powdered nor in the form of pelletses from Russia skyrocketed to 2.9 tons in 2022, picking up by 5,981% compared with 2021 figures. In general, exports, however, saw a slight contraction.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $61K in 2022. Overall, exports enjoyed a significant increase.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/A1170.240.2-41.4%
Lithuania0.30.50.520.7310.2%
Belarus3.22.90.1N/A-82.3%
Kyrgyzstan23.5N/AN/AN/A0%
OthersN/A0.7N/AN/A0%
Total27.01210.860.931.1%

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

  1. Kazakhstan (1.9 tons)
  2. Lithuania (1.0 tons)

Source: IndexBox Market Intelligence Platform

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