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

Contents:

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

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

In 2022, the average import price for hop cones; neither ground nor powdered nor in the form of pelletses amounted to $12,307 per ton, remaining constant against the previous year. Over the period under review, the import price enjoyed a mild increase. The pace of growth was the most pronounced in 2021 a decrease of 99.9% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($14,669 per ton), while the price for Germany stood at $10,502 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%).

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

In 2022, the amount of hop cones; neither ground nor powdered nor in the form of pelletses imported into Mexico totaled 815 kg, approximately reflecting the year before. In general, imports recorded a sharp descent. The smallest decline of 99.9% was in 2021.

In value terms, imports of hop cones; neither ground nor powdered nor in the form of pelletses totaled $10K in 2022. Overall, imports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2021.

Import of Hop Cones; Neither Ground Nor Powdered Nor in the Form of Pellets in Mexico (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States17.5N/A5.2-45.5%
Germany2.6N/A4.937.3%
OthersN/AN/AN/A0%
Total20.1N/A10.0-29.5%

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

  1. Germany (462.0 kg)
  2. United States (353.0 kg)

Source: IndexBox Market Intelligence Platform

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