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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $8,557 per ton, dropping by -14.5% against the previous year. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of 75%. Over the period under review, average import prices reached the maximum at $13,515 per ton in 2012; however, from 2013 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 ($11,733 per ton), while the price for the United Arab Emirates stood at $65 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-22.8%).

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

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $2,537 per ton, flattening at the previous year. Overall, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum at $6,515 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to 0.0% per year.

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

In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -7.5% to 36 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 74%.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses reduced markedly to $307K in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of $389K, and then fell rapidly in the following year.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13322530430732.2%
United Arab Emirates1.00.90.70.6-15.7%
South AfricaN/AN/A83.7N/A0%
OthersN/AN/AN/AN/A0%
Total13422638930731.8%

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

  1. Germany (26.1 tons)
  2. United Arab Emirates (9.7 tons)

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

After two years of decline, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses decreased by 0% to 4.2 tons in 2022. In general, exports showed a strong increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses amounted to $11K in 2022. Over the period under review, exports saw a abrupt decrease. The smallest decline of 99.9% was in 2020.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BurundiN/AN/AN/A10.70%
Zambia19.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.5N/AN/A10.7-18.1%

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

  1. Burundi (4.2 tons)

Source: IndexBox Market Intelligence Platform

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