Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway - 2024

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway (CIF) - 2022
  2. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway (FOB) - 2022
  3. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway
  4. Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway (CIF) - 2022

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $24,865 per ton in 2022, which is down by -9.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 97%. The import price peaked at $29,733 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($33,746 per ton), while the price for Germany ($17,087 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway (FOB) - 2022

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $26,529 per ton, approximately mirroring the previous year. Over the period under review, the export price posted significant growth. The most prominent rate of growth was recorded in 2018 an increase of 473% against the previous year. Over the period under review, the average export prices attained the peak figure at $33,461 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2017 to 2022, the rate of growth in terms of prices for Sweden amounted to +39.4% per year.

Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway

In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses imported into Norway declined dramatically to 713 kg, which is down by -91.4% on 2021 figures. In general, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 121% against the previous year.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses fell remarkably to $18K in 2022. Over the period under review, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 161%.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.315.696.05.7-41.4%
South AfricaN/AN/AN/A5.10%
United States97.139.355.93.4-67.3%
Sweden4.13.54.32.0-21.3%
United Kingdom29.616.559.90.4-76.2%
Czech Republic29.14.93.70.3-78.2%
Denmark45.01.40.90.2-83.6%
Others23.56.98.40.6-70.6%
Total25787.922917.7-59.0%

Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Norway in 2022:

  1. Germany (334.0 kg)
  2. South Africa (158.0 kg)
  3. United States (106.0 kg)
  4. Sweden (59.0 kg)
  5. United Kingdom (20.0 kg)
  6. Denmark (11.0 kg)
  7. Czech Republic (10.0 kg)

Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway

After two years of decline, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -50.4% to 68 kg in 2022. In general, exports faced a sharp decline.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses dropped remarkably to $1.8K in 2022. Overall, exports recorded a dramatic decrease.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.3N/A3.01.881.7%
Denmark10.3N/A0.6N/A-75.9%
OthersN/AN/AN/AN/A0%
Total10.7N/A3.61.8-44.8%

Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Norway in 2022:

  1. Sweden (68.0 kg)

Source: IndexBox Market Intelligence Platform

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