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

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Turkey (FOB) - 2022
  2. Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Turkey

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

The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $4,889 per ton in 2022, increasing by 117% against the previous year. Overall, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Germany amounted to +297.2% per year.

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

Exports of hop cones; neither ground nor powdered nor in the form of pelletses from Turkey reduced rapidly to 253 kg in 2022, waning by -84.9% compared with 2021. In general, exports recorded a sharp decrease. The smallest decline of -54.1% was in 2021.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses dropped rapidly to $1.2K in 2022. Overall, exports showed a sharp downturn. The smallest decline of -61.6% was in 2021.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Turkey (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
GermanyN/A0.61.2100.0%
Algeria9.81.2N/A-87.8%
OthersN/A1.90.1-94.7%
Total9.83.81.2-65.0%

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

  1. Germany (249.0 kg)

Source: IndexBox Market Intelligence Platform

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