Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uganda - 2022

Contents:

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

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

In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $11,316 per ton, waning by -3.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 26%. The import price peaked at $11,677 per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,110 per ton), while the price for Tanzania ($3,277 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+14.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $10,927 per ton in 2022, with a decrease of -17.4% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 85% against the previous year. The export price peaked at $15,269 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +8.2% per year.

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

In 2022, approx. 119 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Uganda; waning by -9.5% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 131 tons, and then shrank in the following year.

In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin contracted to $1.3M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of $1.5M, and then dropped in the following year.

Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8907751,0859221.2%
Slovenia91.071.117917925.3%
Czech Republic229172175165-10.4%
South Africa18.880.683.549.938.5%
Tanzania2.412.33.36.237.2%
Others93.643.24.320.8-39.4%
Total1,3251,1541,5311,3420.4%

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

  1. Germany (88.1 tons)
  2. Czech Republic (11.4 tons)
  3. Slovenia (10.4 tons)
  4. South Africa (5.1 tons)
  5. Tanzania (1.9 tons)

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

Exports of hop cones; ground, powdered or in the form of pellets; lupulin from Uganda rose to 17 tons in 2022, growing by 3.5% on the previous year's figure. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 166% against the previous year. As a result, the exports attained the peak of 21 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin reduced to $187K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 94%.

Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya79.756.694.918732.9%
TanzaniaN/AN/A124N/A0%
United Arab EmiratesN/A98.4N/AN/A0%
Others0.3N/AN/AN/A0%
Total79.915521818732.8%

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

  1. Kenya (17.1 tons)

Source: IndexBox Market Intelligence Platform

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