Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the Czech Republic - 2023

Contents:

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

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

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $10,815 per ton, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($13,331 per ton), while the average price for exports to Germany stood at $10,676 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.1%).

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $8,205 per ton in 2022, waning by -18.1% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hop cones; neither ground nor powdered nor in the form of pelletses increased by +2.3% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $10,885 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Germany ($11,455 per ton), while the price for Poland ($4,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 701 tons of hop cones; neither ground nor powdered nor in the form of pelletses were exported from the Czech Republic; shrinking by -38.5% on the previous year. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses shrank notably to $7.6M in 2022. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of $12M, and then shrank markedly in the following year.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.58.511.07.2-11.8%
United Kingdom0.80.50.40.1-50.0%
United States0.40.90.3N/A-13.4%
Others0.50.60.70.3-15.7%
Total12.110.512.37.6-14.4%

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

  1. Germany (670.7 tons)
  2. United Kingdom (10.8 tons)

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

In 2022, supplies from abroad of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -40.5% to 511 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2020 with an increase of 150%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses shrank markedly to $4.2M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 117% against the previous year. As a result, imports reached the peak of $9M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.35.75.42.1-14.0%
Slovenia0.11.11.01.1122.4%
PolandN/A2.21.90.8-39.7%
Slovakia0.7N/AN/AN/A0%
OthersN/AN/A0.40.2-50.0%
Total4.19.08.64.20.8%

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

  1. Germany (187.5 tons)
  2. Poland (162.9 tons)
  3. Slovenia (154.6 tons)

Source: IndexBox Market Intelligence Platform

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