What is the price of hops extracts per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) hops extracts is between US$ 14.36 and US$ 23.93 per kilogram or between US$ 6.51 and US$ 10.85 per pound(lb). Click here to see today's exact prices of hops extracts in United Kingdom (UK)
The retail price range in British pound sterling for hops extracts is between GBP 11.53 and GBP 19.22 per kilogram or between GBP 5.23 and GBP 8.72 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) hops extracts is between US$ 10.05 and US$ 16.75 per kilogram or between US$ 4.56 and US$ 7.60 per pound(lb).
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United Kingdom (UK) Hops Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hops Extracts from the United Kingdom over the last five years has seen a steady decline. In 2011, the price was 27.62 US dollars per kg, dropping to 23.69 US dollars per kg in 2012. This trend continued, with the price reaching a low of 17.42 US dollars per kg in 2020. 2021 saw a slight increase to 25.54 US dollars per kg, followed by a decrease to 20.72 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Hops Extracts from the United Kingdom in 2023 will be around 18.30 US dollars per kg, and in 2024 will be around 17.10 US dollars per kg.The exports of hops extracts from United Kingdom (UK) are classified as:
- Extracts of hops (HS code 130213)
United Kingdom (UK) Hops Extracts Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) hops extracts
The total values in export for hops extracts in United Kingdom (UK) were US$ 40,704, US$ 35,743, US$ 35,620 and US$ 35,153 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of hops extracts in other countries across Europe: Georgia hops extracts, Albania hops extracts, Belarus hops extracts, Bosnia and Herzegovina hops extracts, Bulgaria hops extracts, Croatia hops extracts, Czech Republic hops extracts, Estonia hops extracts, Greece hops extracts & Hungary hops extracts.
United Kingdom (UK) hops extracts - Production, Exports, Imports, Seasons and HS Codes
The amount of hops extracts sold by United Kingdom (UK) in 2020 was 1,753 tons. In 2019 United Kingdom (UK) exported 1,893 tonnes of hops extracts. For 2019 alone, the demand for United Kingdom (UK) hops extracts (processed category) has gone up, flactuating by 1.501 percent compared to the year 2018. Between 2017 and 2019, hops extracts' exports went up by 10.51 pc netting the country US$35.15m for the year 2019. United Kingdom (UK)'s hops extracts exports are categorised as:
- Extracts of hops (HS code 130213)
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United Kingdom (UK) hops extracts export values
In 2019, United Kingdom (UK) shipped hops extracts with a value of 35.15m USD, a drop of -1.32% from 2018's total hops extracts export of 35.62m USD. The annual reduction in value of United Kingdom (UK) hops extracts between 2017 to 2018 was -0.34412332 pc.
The per year change in the quantity of United Kingdom (UK)'s hops extracts exports between 2017 and 2019 was 10.51% when compared to a variation of 1.501% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s share of the world's total hops extracts' exports in 2019 was less than 1%. The country is ranked position 19 in world exports of hops extracts.
Export markets for United Kingdom (UK) hops extracts ( in '000$ )
United Kingdom (UK)'s top export markets for hops extracts are Germany, Russia, US, France and Ireland.
Import/Export Trends
United Kingdom (UK) is a net importer of hops extracts. The annual growth of United Kingdom (UK) hops extracts in value between 2015 to 2019 was 15%, per annum, while annual growth in quantity through the same period was 33%, per annum.
United Kingdom (UK) brought in 1,274 tonnes of hops extracts in 2019.
Production
The production of hops extracts in United Kingdom (UK) was 121 tonnes in 2019 and is estimated to change by an average of 0%. The country had approximately 91.00 hectares under hops extracts cultivation.