Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece - 2023

Contents:

  1. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece (CIF) - 2022
  2. Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece (FOB) - 2022
  3. Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece
  4. Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece (CIF) - 2022

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $15,345 per ton, reducing by -9.4% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum at $16,935 per ton in 2021, and then contracted 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 Czech Republic ($27,579 per ton), while the price for Germany ($14,171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+191.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece (FOB) - 2022

In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $5,386 per ton, reducing by -76.4% against the previous year. Over the period under review, the export price recorded a sharp reduction. The growth pace was the most rapid in 2020 when the average export price increased by 29% against the previous year. The export price peaked at $22,857 per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($20,707 per ton), while the average price for exports to Poland stood at $4,259 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+15.6%).

Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece

In 2022, approx. 40 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Greece; leveling off at 2021 figures. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 4.6%.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin fell to $608K in 2022. In general, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany525471606517-0.5%
Czech Republic15.942.564.459.655.3%
Belgium90.9N/AN/A8.5-54.6%
United Kingdom72.515.58.22.2-68.8%
Others1.78.50.920.3128.6%
Total706537680608-4.9%

Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Greece in 2022:

  1. Germany (36.5 tons)
  2. Czech Republic (2.2 tons)
  3. Belgium (0.2 tons)
  4. United Kingdom (0.1 tons)

Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece

In 2022, shipments abroad of hop cones; ground, powdered or in the form of pellets; lupulin was finally on the rise to reach 2.3 tons after two years of decline. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $12K in 2022. Overall, exports, however, recorded a abrupt shrinkage.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A9.00%
AlbaniaN/AN/AN/A2.40%
Denmark6.51.4N/AN/A-78.5%
Canada10.16.92.4N/A-51.3%
Others0.34.00.20.732.6%
Total16.912.22.612.2-10.3%

Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Greece in 2022:

  1. Poland (2116.0 kg)
  2. Albania (116.0 kg)

Source: IndexBox Market Intelligence Platform

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