Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore - 2023
Contents:
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore (FOB) - 2022
- Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore (CIF) - 2022
- Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore
- Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore (FOB) - 2022
The average export price for hop cones; neither ground nor powdered nor in the form of pelletses stood at $6,522 per ton in 2022, surging by 2.4% against the previous year. Overall, the export price, however, saw a perceptible reduction. The growth pace was the most rapid in 2020 when the average export price increased by 188%. As a result, the export price attained the peak level of $20,636 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to +24.3% per year.
Price for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore (CIF) - 2022
In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $41,200 per ton, increasing by 84% against the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 122% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +81.3% per year.
Exports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore
After three years of growth, overseas shipments of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -40% to 613 kg in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 173%. As a result, the exports reached the peak of 1 tons, and then declined significantly in the following year.
In value terms, exports of hop cones; neither ground nor powdered nor in the form of pelletses contracted dramatically to $4K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 637%. As a result, the exports attained the peak of $7.7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 0.6 | 1.9 | 5.3 | 4.0 | 88.2% |
| New Zealand | N/A | 5.4 | N/A | N/A | 0% |
| Malaysia | 0.4 | 0.2 | 0.7 | N/A | 32.3% |
| India | N/A | N/A | 0.4 | N/A | 0% |
| Others | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Total | 1.0 | 7.7 | 6.5 | 4.0 | 58.7% |
Top Export Markets for Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets from Singapore in 2022:
- Indonesia (613.0 kg)
Imports of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore
Imports of hop cones; neither ground nor powdered nor in the form of pelletses into Singapore contracted remarkably to 90 kg in 2022, which is down by -30.2% on 2021 figures. Over the period under review, imports saw a dramatic setback. The smallest decline of -25.9% was in 2021.
In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses soared to $3.7K in 2022. In general, imports recorded a sharp slump.
| Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.6 | 2.0 | 1.4 | 3.7 | -17.5% |
| Australia | 0.6 | 0.6 | 1.0 | N/A | 29.1% |
| United Kingdom | 1.3 | 0.3 | 0.1 | N/A | -72.3% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 8.5 | 3.0 | 2.9 | 3.7 | -24.2% |
Top Suppliers of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets to Singapore in 2022:
- Hong Kong SAR (90.0 kg)
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