Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Sweden - 2023

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $17,617 per ton in 2022, surging by 20% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 79% against the previous year. As a result, import price reached the peak level of $20,832 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,455 per ton), while the price for Denmark ($6,063 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 (+14.5%), 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 Sweden (FOB) - 2022

The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $15,639 per ton in 2022, growing by 104% against the previous year. Overall, the export price posted a noticeable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($18,134 per ton), while the average price for exports to Denmark ($1,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+8.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -43.3% to 93 tons, falling for the second consecutive year after two years of growth. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, imports reached the peak of 189 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses contracted dramatically to $1.6M in 2022. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, imports reached the peak of $3.1M. 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 Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2351,9031,5321,039-5.6%
United States868946610522-15.6%
United Kingdom59.814317.765.33.0%
Denmark18.537.061.59.2-20.8%
Others16.722.91872.0-50.7%
Total2,1983,0512,4071,637-9.4%

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

  1. Germany (59.5 tons)
  2. United States (25.5 tons)
  3. United Kingdom (5.9 tons)
  4. Denmark (1.5 tons)

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

After two years of decline, shipments abroad of hop cones; neither ground nor powdered nor in the form of pelletses increased by 392% to 6.7 tons in 2022. Overall, exports, however, showed a dramatic descent.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses surged to $106K in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1546.16.9103-12.5%
Denmark2.55.12.11.6-13.8%
FinlandN/AN/A0.81.250.0%
Others0.20.60.70.1-20.6%
Total15611.810.5106-12.1%

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

  1. Norway (5.7 tons)
  2. Denmark (0.9 tons)
  3. Finland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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