Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Myanmar - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Myanmar (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Myanmar
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Myanmar (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $40,411 per ton in 2022, picking up by 69% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 901%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($60,726 per ton), while the price for Thailand ($19,108 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+66.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Myanmar
In 2022, the amount of hop cones; ground, powdered or in the form of pellets; lupulin imported into Myanmar surged to 12 tons, rising by 81% against the year before. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 209% against the previous year. As a result, imports reached the peak of 19 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $486K in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 585%. Over the period under review, imports of hop cones; ground, powdered or in form of pellets; lupulin reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.7 | N/A | 99.4 | 366 | 149.0% |
| Thailand | N/A | 6.0 | 59.0 | 112 | 332.0% |
| Germany | 36.5 | 418 | N/A | 8.0 | -39.7% |
| Others | 2.3 | 3.8 | N/A | N/A | 65.2% |
| Total | 62.5 | 428 | 158 | 486 | 98.1% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Myanmar in 2022:
- United States (6.0 tons)
- Thailand (5.8 tons)
- Germany (0.2 tons)
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