Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Switzerland - 2024

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $11,235 per ton in 2022, which is down by -49.6% against the previous year. Overall, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 43%. Over the period under review, average import prices hit record highs at $22,306 per ton in 2021, and then plummeted in the following year.

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 the UK ($17,303 per ton), while the price for Germany stood at $11,114 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%).

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

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $9,296 per ton, which is down by -2.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. As a result, the export price reached the peak level of $12,217 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.2% per year.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses, when their volume increased by 88% to 9.7 tons. Overall, imports saw a relatively flat trend pattern. 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 shrank to $109K in 2022. In general, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 5.9% against the previous year. As a result, imports reached the peak of $147K. 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 Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany83.191.854.31058.1%
United Kingdom10.720.2N/A2.9-35.3%
United States21.14.613.70.2-78.8%
France22.919.62.1N/A-69.7%
NetherlandsN/A8.434.0N/A304.8%
Others1.12.511.10.8-10.1%
Total139147115109-7.8%

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

  1. Germany (9.5 tons)
  2. United Kingdom (0.2 tons)

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

In 2022, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -0.5% to 22 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 26%.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses declined modestly to $203K in 2022. The total export value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15119720820310.4%
OthersN/AN/AN/AN/A0%
Total15119720820310.4%

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

  1. Germany (21.8 tons)

Source: IndexBox Market Intelligence Platform

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