Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia - 2022
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia (CIF) - 2022
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia (CIF) - 2022
In March 2022, the average import price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $22,295 per ton, growing by 2.8% against the previous month. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 167% m-o-m. Over the period under review, average import prices hit record highs at $40,752 per ton in November 2021; however, from December 2021 to March 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($34,954 per ton), while the price for Germany ($13,869 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Singapore (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $8,167 per ton, reducing by -24.4% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 211% against the previous year. The export price peaked at $25,471 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($11,750 per ton), while the average price for exports to France amounted to $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+9.5%).
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia
Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Indonesia rose remarkably to 37 tons in 2022, surging by 15% on the year before. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Over the period under review, imports of hop cones; ground, powdered or in form of pellets; lupulin hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $561K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.3 | 38.1 | 57.2 | 178 | 48.6% |
| Germany | 168 | 108 | 128 | 146 | -4.6% |
| China | 30.3 | 31.0 | 36.7 | 34.8 | 4.7% |
| Australia | 1.7 | 11.0 | 27.5 | 25.6 | 146.9% |
| Singapore | 4.4 | 2.9 | 4.9 | 18.0 | 59.9% |
| Hong Kong SAR | 3.4 | 4.3 | 26.1 | 12.7 | 55.2% |
| Others | 115 | 108 | 157 | 146 | 8.3% |
| Total | 377 | 304 | 437 | 561 | 14.2% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Indonesia in 2022:
- Germany (13.4 tons)
- United States (10.5 tons)
- Singapore (6.6 tons)
- Australia (0.5 tons)
- China (0.5 tons)
- Hong Kong SAR (0.4 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia
Exports of hop cones; ground, powdered or in the form of pellets; lupulin from Indonesia surged to 6 kg in 2022, picking up by 20% against 2021. Over the period under review, exports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin shrank to $49 in 2022. In general, exports, however, saw a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 26%.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 238 | 43.0 | 54.0 | 47.0 | -41.8% |
| France | N/A | N/A | N/A | 1.0 | 0% |
| Others | N/A | N/A | N/A | 1.0 | 0% |
| Total | 238 | 43.0 | 54.0 | 49.0 | -41.0% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Indonesia in 2022:
- Singapore (4.0 kg)
- France (1.0 kg)
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