Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Israel - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Israel (CIF) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Israel
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Israel (CIF) - 2022
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $19,621 per ton in 2022, reducing by -5.4% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 56%. Over the period under review, average import prices attained the peak figure at $20,731 per ton in 2021, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Djibouti ($19,632 per ton) and Kenya ($19,627 per ton), while the price for the Czech Republic ($19,608 per ton) and Ethiopia ($19,620 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Israel
In 2022, approx. 37 tons of hop cones; ground, powdered or in the form of pellets; lupulin were imported into Israel; picking up by 4.6% against the previous year's figure. Over the period under review, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 8.3% against the previous year. As a result, imports attained the peak of 44 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin dropped modestly to $719K in 2022. Overall, imports, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of $884K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 279 | 292 | 197 | 254 | -3.1% |
| Ethiopia | 73.6 | 83.5 | 65.0 | 189 | 36.9% |
| United States | 25.7 | 4.2 | 5.5 | 179 | 91.0% |
| United Kingdom | 7.6 | 17.3 | 32.5 | 49.0 | 86.1% |
| Kenya | N/A | N/A | 4.7 | 20.0 | 325.5% |
| Djibouti | 2.3 | 3.4 | 5.4 | 16.0 | 90.9% |
| Czech Republic | 19.9 | 10.4 | 9.7 | 11.0 | -17.9% |
| Poland | 31.0 | 128 | 54.2 | N/A | 32.2% |
| Others | 311 | 346 | 352 | 1.0 | -85.2% |
| Total | 751 | 884 | 726 | 719 | -1.4% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Israel in 2022:
- Germany (12.9 tons)
- Ethiopia (9.6 tons)
- United States (9.1 tons)
- United Kingdom (2.5 tons)
- Kenya (1.0 tons)
- Djibouti (0.8 tons)
- Czech Republic (0.6 tons)
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