# HS 121020 Ground global trade data overview | Yugalinks

Reported global trade in ground, powdered or in the form of pellets: lupulin reached $671.0M in 2024, with five-year annual growth of +2.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $291.1M | +3.8% | +0.2% |
| 2014 | $330.3M | +13.5% | +3.3% |
| 2015 | $336.3M | +1.8% | +6.2% |
| 2016 | $413.7M | +23% | +12.4% |
| 2017 | $507.3M | +22.6% | +15.4% |
| 2018 | $575.0M | +13.4% | +19.6% |
| 2019 | $584.4M | +1.6% | +12.2% |
| 2020 | $625.3M | +7% | +7.2% |
| 2021 | $726.4M | +16.2% | +8.1% |
| 2022 | $743.9M | +2.4% | +8.4% |
| 2023 | $654.5M | -12% | +1.5% |
| 2024 | $671.0M | +2.5% | -2.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Belgium | $67.9M | +13.1% | 19 |
| China | $55.1M | +7.8% | 10 |
| United Kingdom | $49.4M | +6.1% | 23 |
| Japan | $45.9M | +5.9% | 16 |
| Canada | $43.7M | -1.7% | 21 |
| USA | $40.7M | -8.5% | 10 |
| Russia | $38.6M | +0.5% | 13 |
| Germany | $37.9M | +11.6% | 35 |
| Brazil | $35.3M | -2.2% | 14 |
| France | $18.4M | +27.7% | 26 |
| Australia | $18.0M | -0.3% | 6 |
| Mexico | $16.5M | +32.3% | 35 |

_Source: reported merchandise trade data. Updated 2026-08-14._