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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $22,082 per ton, reducing by -3.4% against the previous year. Overall, the import price, however, showed a significant expansion. The pace of growth was the most pronounced in 2018 an increase of 134%. The import price peaked at $22,863 per ton in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($22,629 per ton), while the price for China totaled $1,900 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.2%).

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

In 2022, overseas purchases of hop cones; neither ground nor powdered nor in the form of pelletses decreased by -36% to 758 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 259%. As a result, imports attained the peak of 1.2 tons, and then reduced notably in the following year.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses shrank rapidly to $17K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 324% against the previous year. As a result, imports attained the peak of $27K, and then reduced rapidly in the following year.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.26.327.016.739.1%
China0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total6.36.427.116.738.4%

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

  1. United States (738.0 kg)
  2. China (20.0 kg)

Source: IndexBox Market Intelligence Platform

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