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

Contents:

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

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

The average import price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $10,040 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of 73%. Over the period under review, average import prices reached the maximum at $13,868 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($24,482 per ton), while the price for Poland ($4,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+4.6%), 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 Italy (FOB) - 2022

In 2022, the average export price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $19,888 per ton, picking up by 36% against the previous year. Overall, the export price saw perceptible growth. The growth pace was the most rapid in 2016 when the average export price increased by 236%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($34,381 per ton), while the average price for exports to Brazil ($8,740 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 15 tons of hop cones; neither ground nor powdered nor in the form of pelletses were imported into Italy; declining by -1.6% on 2021 figures. Overall, imports saw a abrupt shrinkage.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses shrank to $148K in 2022. In general, imports saw a dramatic slump.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19615865.662.4-31.7%
Belgium56.123.653.438.7-11.6%
Poland21.24.7N/A13.9-13.1%
Slovenia10.62.030.311.83.6%
Serbia1.520.8N/A11.295.5%
United Kingdom5.41.5N/A4.8-3.9%
United States53.0N/AN/AN/A0%
Others3.01.61.75.320.9%
Total347213151148-24.7%

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

  1. Germany (5.2 tons)
  2. Poland (3.1 tons)
  3. Serbia (2.0 tons)
  4. Slovenia (2.0 tons)
  5. Belgium (1.6 tons)
  6. United Kingdom (0.4 tons)

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

In 2022, shipments abroad of hop cones; neither ground nor powdered nor in the form of pelletses was finally on the rise to reach 1.1 tons after two years of decline. Overall, exports, however, saw a abrupt descent.

In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses skyrocketed to $22K in 2022. Over the period under review, total exports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A9.30%
Slovenia2.25.8N/A5.031.5%
Brazil4.5N/A4.52.6-16.7%
Spain8.15.94.12.3-34.3%
SwedenN/AN/A0.20.8300.0%
France1.10.60.70.5-23.1%
United StatesN/A5.3N/AN/A0%
Others3.71.21.01.2-31.3%
Total19.618.810.521.83.6%

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

  1. Slovenia (357.0 kg)
  2. Brazil (300.0 kg)
  3. Switzerland (270.0 kg)
  4. Spain (86.0 kg)
  5. Sweden (27.0 kg)
  6. France (15.0 kg)

Source: IndexBox Market Intelligence Platform

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