Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia - 2023
Contents:
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia (CIF) - 2023
- Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia (FOB) - 2022
- Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia
- Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia
Price for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia (CIF) - 2023
The average import price for hop cones; ground, powdered or in the form of pellets; lupulin stood at $13,415 per ton in November 2023, surging by 27% against the previous month. In general, the import price saw a pronounced increase. The pace of growth appeared the most rapid in April 2023 an increase of 144% m-o-m. As a result, import price reached the peak level of $27,965 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($22,640 per ton), while the price for Slovenia ($11,024 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), 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 Serbia (FOB) - 2022
In 2022, the average export price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $10,102 per ton, which is down by -58.8% against the previous year. In general, the export price showed a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 3,360%. The export price peaked at $24,532 per ton in 2021, and then plummeted in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($11,002 per ton), while the average price for exports to Russia stood at $9,819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia
Imports of hop cones; ground, powdered or in the form of pellets; lupulin into Serbia skyrocketed to 150 tons in 2022, with an increase of 16% on the previous year's figure. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hop cones; ground, powdered or in the form of pellets; lupulin shrank modestly to $1.5M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 3.2% against the previous year.
| Import of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 916 | 908 | 730 | 856 | -2.2% |
| United States | 278 | 276 | 416 | 326 | 5.5% |
| Slovenia | 163 | 166 | 250 | 171 | 1.6% |
| Czech Republic | 35.8 | 56.9 | 41.4 | 80.4 | 31.0% |
| Bulgaria | 70.5 | 100 | 53.7 | 77.1 | 3.0% |
| Others | 19.8 | 23.7 | 76.1 | 14.0 | -10.9% |
| Total | 1,483 | 1,531 | 1,566 | 1,524 | 0.9% |
Top Suppliers of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin to Serbia in 2022:
- Germany (109.4 tons)
- Slovenia (18.4 tons)
- United States (11.2 tons)
- Bulgaria (6.2 tons)
- Czech Republic (4.4 tons)
Exports of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia
After two years of decline, overseas shipments of hop cones; ground, powdered or in the form of pellets; lupulin increased by 1,558% to 20 tons in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of hop cones; ground, powdered or in the form of pellets; lupulin skyrocketed to $206K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 194 | 0% |
| Croatia | 39.3 | N/A | 6.4 | 4.4 | -51.8% |
| Italy | 6.8 | 11.4 | N/A | N/A | 67.6% |
| Others | 0.2 | N/A | 23.8 | 7.2 | 230.2% |
| Total | 46.3 | 11.4 | 30.2 | 206 | 64.5% |
Top Export Markets for Hop Cones; Ground, Powdered or in the Form of Pellets; Lupulin from Serbia in 2022:
- Russia (19.8 tons)
- Croatia (0.4 tons)
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