Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Bulgaria - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Bulgaria (FOB) - 2022
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Bulgaria
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Bulgaria (FOB) - 2022
In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $1,751 per ton, increasing by 56% against the previous year. Over the period under review, the export price saw a tangible expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $1,895 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,663 per ton), while the average price for exports to Poland ($883 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.0%), while the prices for the other major destinations experienced a decline.
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Bulgaria
In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses exported from Bulgaria shrank dramatically to 172 tons, dropping by -36.4% on 2021. Overall, exports recorded a dramatic decline. The smallest decline of -18.5% was in 2020.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses contracted slightly to $302K in 2022. Over the period under review, exports continue to indicate a deep slump.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 194 | 164 | 126 | 172 | -3.9% |
| Poland | 129 | 85.6 | 125 | 41.2 | -31.6% |
| Netherlands | 24.3 | 43.1 | 16.9 | 40.0 | 18.1% |
| Czech Republic | 18.6 | 27.3 | 23.8 | 23.0 | 7.3% |
| Italy | 20.2 | N/A | N/A | 15.9 | -7.7% |
| Hungary | N/A | N/A | 2.8 | 9.2 | 228.6% |
| Others | N/A | 1.3 | 8.5 | 0.2 | -60.8% |
| Total | 387 | 322 | 303 | 302 | -7.9% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Bulgaria in 2022:
- Germany (64.7 tons)
- Poland (46.7 tons)
- Netherlands (26.8 tons)
- Czech Republic (20.0 tons)
- Italy (9.9 tons)
- Hungary (4.3 tons)
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