What is the price of hops extracts per kilogram/pound in China today?
The retail price range for China hops extracts is between US$ 14.84 and US$ 29.69 per kilogram or between US$ 6.73 and US$ 13.46 per pound(lb). Click here to see today's exact prices of hops extracts in China
The retail price range in Yuan Renminbi for hops extracts is between CNY 104.10 and CNY 208.19 per kilogram or between CNY 47.21 and CNY 94.42 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China hops extracts is between US$ 10.39 and US$ 20.78 per kilogram or between US$ 4.71 and US$ 9.42 per pound(lb).
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China Hops Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hops Extracts from China has seen a steady increase over the last five years. In 2017, the price was 21.73 US dollars per kilogram, and by 2021, it had risen to 24.23 US dollars per kilogram. This represents an increase of 12.2% over the five-year period. The highest price was recorded in 2018 at 24.92 US dollars per kilogram, while the lowest was in 2012 at 11.33 US dollars per kilogram. The current price of 24.73 US dollars per kilogram is slightly higher than the 2021 price. Based on the data, it is predicted that the export price per kilogram of Hops Extracts from China will be 25.23 US dollars in 2023 and 25.73 US dollars in 2024.The hops extracts exports from China are classified as:
- Extracts of hops (HS code 130213)
China Hops Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hops Extracts into China has seen a steady increase over the last five years. In 2016, the price was $19.00, and by 2021, it had risen to $24.23. The highest price was recorded in 2018, when it reached $24.92. In 2019, the price dropped slightly to $23.80, but it has since recovered to $24.73 in 2020. The current price of $24.23 is slightly lower than the peak of 2018, but still higher than the price in 2016. Based on this trend, it is likely that the price of Hops Extracts will continue to increase in the next two years, with an estimated price of $25.45 in 2023 and $26.18 in 2024.Export values for China hops extracts
The total values in export for hops extracts in China were US$ 13,984, US$ 36,512, US$ 72,976 and US$ 50,256 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of hops extracts in other countries across Asia: Kazakhstan hops extracts, Kyrgyzstan hops extracts, Tajikistan hops extracts, Turkmenistan hops extracts, Uzbekistan hops extracts, China hops extracts, Hong Kong hops extracts, Macao hops extracts, North Korea hops extracts & Mongolia hops extracts.
China hops extracts - Production, Exports, Imports, Seasons and HS Codes
In 2019 China exported 2,112 tonnes of hops extracts. For 2019 alone, the demand for China hops extracts (processed category) has gone down, with a change of -27.869 per cent compared to the year 2018. Between 2017 and 2019, hops extracts' exports grew by 25.71 percent bringing the nation US$50.26m for the year 2019. China's hops extracts exports are categorised as:
- Extracts of hops (HS code 130213)
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China hops extracts export values
In 2019, China shipped hops extracts costing 50.26m USD, a drop of -31.13% from 2018's total hops extracts export of 72.976m USD. The yearly change in value of China hops extracts between 2017 to 2018 was 99.869%.
The annual variation in the volume of China's hops extracts exports between 2017 and 2019 was 25.71 percent when compared to a variation of -27.869% in the growth rate between 2018 and 2019.
China's stake of the world's total hops extracts' exports in 2019 was 35.9 per cent. The country is ranked number 1 in world exports of hops extracts.
Export markets for China hops extracts ( in '000$ )
China's leading destinations for hops extracts are Brazil, Cameroon, India, Spain and Moldova.
Import/Export Trends
China is a net exporter of hops extracts. The annual growth of China hops extracts in value between 2015 to 2019 was -1%, per year, while annual growth in quantity for the same period was -2%, per annum.
China imported 16 tonnes of hops extracts in 2019.
Production
The production of hops extracts in China was 112,576 tonnes in 2019 and is predicted to change by an average of -3.27%. The country had approximately 37,216.00 hectares under hops extracts cultivation.