Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Pakistan - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Pakistan (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Pakistan
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Pakistan (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $11,953 per ton in 2022, standing approx. at the previous year. Over the period under review, the import price recorded a noticeable expansion. The growth pace was the most rapid in 2018 when the average import price increased by 112%. As a result, import price reached the peak level of $22,237 per ton. From 2019 to 2022, the average import prices remained 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 Slovenia ($13,793 per ton), while the price for China ($8,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Pakistan
In 2022, imports of hop cones; ground, powdered or in the form of pellets; lupulin into Pakistan shrank to 13 tons, approximately equating 2021 figures. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 1.7% against the previous year.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank to $152K in 2022. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.2% against the previous year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.4 | 129 | 66.2 | 117 | 43.7% |
| Slovenia | 10.8 | 6.0 | 45.4 | 18.6 | 19.9% |
| China | 7.9 | 11.7 | 39.1 | 16.1 | 26.8% |
| United States | 72.6 | N/A | 1.3 | N/A | -86.6% |
| Others | 171 | 5.3 | N/A | N/A | -96.9% |
| Total | 302 | 152 | 152 | 152 | -20.5% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Pakistan in 2022:
- Germany (9.4 tons)
- China (2.0 tons)
- Slovenia (1.4 tons)
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