What is the price of hops extracts per kilogram/pound in US today?
The retail price range for US hops extracts is between US$ 35.52 and US$ 48.00 per kilogram or between US$ 16.11 and US$ 21.77 per pound(lb). Click here to see today's exact prices of hops extracts in US
The retail price range in Euro for hops extracts is between EUR 32.58 and EUR 44.03 per kilogram or between EUR 14.78 and EUR 19.97 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US hops extracts is between US$ 24.86 and US$ 33.60 per kilogram or between US$ 11.28 and US$ 15.24 per pound(lb).
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US Hops Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hops Extracts from the US over the last five years has been relatively stable. In 2017, the price was 29.66 US $ per kg, followed by a slight increase to 33.51 US $ per kg in 2018. In 2019, the price rose to 34.71 US $ per kg, before dropping to 30.31 US $ per kg in 2020. The price then increased to 31.07 US $ per kg in 2021 and finally to 29.81 US $ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Hops Extracts from the US will remain relatively stable in 2023 and 2024, with prices of around 30.00 US $ per kg.The hops extracts exports from US are categorised as:
- Extracts of hops (HS code 130213)
US Hops Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hops Extracts into the US over the last five years has been relatively stable. In 2017, the price was $29.66, followed by a slight increase to $33.51 in 2018. The price then dropped to $30.31 in 2020, before increasing again to $31.07 in 2021 and then dropping to $29.81 in 2022. Based on this trend, it is likely that the import price per kilogram of Hops Extracts into the US will remain relatively stable in the next two years, with a predicted price of $30.06 for 2023 and $29.81 for 2024.Export values for US hops extracts
The total values in export for hops extracts in US were US$ 119,508, US$ 118,724, US$ 173,699 and US$ 178,485 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of hops extracts in other countries across North America: Canada hops extracts, US hops extracts, Anguilla hops extracts, Antigua and Barbuda hops extracts, Bermuda hops extracts, Bonaire, Sint Eustatius and Saba hops extracts, St.Pierre and Miquelon hops extracts, United States Minor Outlying Islands hops extracts, Cayman Islands hops extracts & Greenland hops extracts.
US hops extracts - Production, Exports, Imports, Seasons and HS Codes
The volume of hops extracts sold by US in 2020 was 4,510 tonnes. In 2019 US exported 5,108 tonnes of hops extracts. In 2019 alone, the market for US hops extracts (processed category) has shrunk, changing by -1.466 per cent compared to the year 2018. Between 2017 and 2019, hops extracts' exports grew by 27.6% earning the country US$178.48m for the year 2019. US' hops extracts exports are classified as:
- Extracts of hops (HS code 130213)
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US hops extracts export values
In 2019, US sold hops extracts costing 178.48m USD, a growth of 2.75% from 2018's total hops extracts export of 173.699m USD. The annual increase in value of US hops extracts between 2017 to 2018 was 46.305 percent.
The yearly variation in the volume of US' hops extracts exports between 2017 and 2019 was 27.6 pc when compared to a variation of -1.466% in the growth rate between 2018 and 2019.
US' share of the world's total hops extracts' exports in 2019 was less than 1%. The country holds number 18 in world exports of hops extracts.
Export markets for US hops extracts ( in '000$ )
US' top destinations for hops extracts are Canada, Belgium, United Kingdom (UK), Germany and Brazil.
Import/Export Trends
US is a net importer of hops extracts. The annual growth of US hops extracts in value between 2015 to 2019 was 9%, per annum, while annual growth in quantity was 19%, per annum.
US purchased 130 tonnes of hops extracts in 2019.
Production
The production of hops extracts in US was 50,820 tonnes in 2019 and is estimated to change by an average of 4.81%. The country had approximately 22,880.00 hectares under hops extracts cultivation.