What is the price of hops extracts per kilogram/pound in Australia today?
The retail price range for Australia hops extracts is between US$ 39.29 and US$ 44.20 per kilogram or between US$ 17.82 and US$ 20.05 per pound(lb). Click here to see today's exact prices of hops extracts in Australia
The retail price range in Australian Dollar for hops extracts is between AUD 59.11 and AUD 66.50 per kilogram or between AUD 26.81 and AUD 30.16 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia hops extracts is between US$ 27.50 and US$ 30.94 per kilogram or between US$ 12.47 and US$ 14.03 per pound(lb).
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Australia Hops Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hops Extracts from Australia has seen a significant decrease over the last five years. In 2011, the price was 27.85 US dollars per kg, while in 2017 it dropped to 5.65 US dollars per kg. In 2018, the price increased slightly to 7.29 US dollars per kg, and in 2019 it rose to 10.08 US dollars per kg. In 2020, the price dropped again to 7.28 US dollars per kg, and in 2021 it increased to 10.86 US dollars per kg. The most recent data shows that in 2022, the export price per kilogram of Hops Extracts from Australia was 35.37 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Hops Extracts from Australia in 2023 will be around 24.51 US dollars per kg, and in 2024 it will be around 28.22 US dollars per kg.The hops extracts exports from Australia are categorised as:
- Extracts of hops (HS code 130213)
Australia Hops Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hops Extracts into Australia over the last five years has seen a significant decrease. In 2017, the price was $5.65, followed by $7.29 in 2018, $10.08 in 2019, $7.28 in 2020 and $10.86 in 2021. This represents a decrease of over 80% from the highest price of $44.88 in 2012. The trend of decreasing prices is expected to continue in the coming years, with an estimated price of $7.20 for 2023 and $5.50 for 2024.Export values for Australia hops extracts
The total values in export for hops extracts in Australia were US$ 266, US$ 226, US$ 248 and US$ 998 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of hops extracts in other countries across Oceania: Fiji hops extracts, French Polynesia hops extracts, Guam hops extracts, Micronesia hops extracts, New Caledonia hops extracts, Papua New Guinea hops extracts, Samoa hops extracts, Solomon Islands hops extracts, Tonga hops extracts & Vanuatu hops extracts.
Australia hops extracts - Production, Exports, Imports, Seasons and HS Codes
The quantity of hops extracts shipped by Australia in 2020 was 98 tons. In 2019 Australia shipped 99 tonnes of hops extracts. In 2019 alone, the demand for Australia hops extracts (processed category) has improved, with a change of 191.176 pc compared to the year 2018. Between 2017 and 2019, hops extracts' exports grew by 147.5 percent bringing the country US$1.00m for the year 2019. Australia's hops extracts exports are classified as:
- Extracts of hops (HS code 130213)
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Australia hops extracts export values
In 2019, Australia sold hops extracts worth 1.00m USD, an increment of 303.23% from 2018's total hops extracts export of 0.248m USD. The annual change in value of Australia hops extracts between 2017 to 2018 was 9.735 pc.
The annual change in the amount of Australia's hops extracts exports between 2017 and 2019 was 147.5 pc compared to a variation of 191.176% in the period between 2018 and 2019.
Australia's stake of the world's total hops extracts' exports in 2019 was less than 1%. Australia holds position 54 in world exports of hops extracts.
Export markets for Australia hops extracts ( in '000$ )
Australia's best performing export markets for hops extracts are US, Canada, Germany, United Kingdom (UK) and New Zealand.
Import/Export Trends
Australia is a net importer of hops extracts. The annual growth of Australia hops extracts in value between 2015 to 2019 was -26%, per annum, while annual growth in quantity was %, per annum.
Australia procured 232 tonnes of hops extracts in 2019.
Production
The production of hops extracts in Australia was 651 tonnes in 2019 and is predicted to change by an average of -1.96%. The country had an estimated 277.00 hectares under hops extracts cultivation.