Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Ecuador - 2022

Contents:

  1. Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Ecuador (CIF) - 2022
  2. Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Ecuador

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $25,843 per ton, reducing by -3.4% against the previous year. In general, import price indicated a noticeable expansion 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 +91.4% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 58%. The import price peaked at $26,749 per ton in 2021, and then dropped slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.7% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses, when their volume decreased by -11.1% to 216 kg. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 215%.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses dropped to $5.6K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 237% against the previous year.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.34.74.95.6165.3%
Czech RepublicN/AN/A1.6N/A0%
Germany1.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.44.76.55.658.7%

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

  1. United States (216.0 kg)

Source: IndexBox Market Intelligence Platform

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