Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uruguay - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uruguay (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uruguay
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uruguay (CIF) - 2022
In 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $18,146 per ton, picking up by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The import price peaked at $19,428 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($19,903 per ton), while the price for the United States amounted to $18,094 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced a decline.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uruguay
In 2022, approx. 39 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Uruguay; surging by 15% on 2021 figures. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports attained the peak of 48 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin soared to $714K in 2022. In general, imports continue to indicate a relatively flat trend pattern.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 401 | 566 | 358 | 691 | 19.9% |
| Germany | 62.9 | 70.0 | 44.4 | 20.1 | -31.6% |
| Argentina | 68.5 | 44.4 | 21.5 | N/A | -44.0% |
| Brazil | 85.7 | 46.3 | 30.3 | N/A | -40.5% |
| Others | 79.0 | 91.8 | 57.3 | 2.3 | -69.2% |
| Total | 697 | 818 | 511 | 714 | 0.8% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Uruguay in 2022:
- United States (38.2 tons)
- Germany (1.0 tons)
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