Hop Market - Germany Remains the Global Leader in Hop Exports

Germany seized control of the global hop market. In 2014, Germany exported 18 thousand tonnes of hop totaling 186 million USD, 6% over the previous year. Its primary trading partner was the U.S., where it supplied 14% of its total hop exports in value terms, accounting for 68% of the U.S. total imports.

Overall, the global hop trade dropped to 377 million USD, with a CAGR of -1% from 2007 to 2014. In physical terms, the volume of trade was the same as in 2007, accounting for 41 thousand.

In 2014, Germany (11%), the U.S. (10%), Japan (9%), the United Kingdom (9%) and China (8%) were the leading destinations of hop imports, together making up 47% of global imports. The share of Brazil increased (+4 percentage points), while the share of the Russian Federation illustrated negative dynamics (-3 percentage points).

The U.S. and the Czech Republic were among the other main global suppliers of hops in 2014 with a combined share of 33% of global exports. However, the fastest growing exporters from 2007 to 2014 were Lithuania (+88% per year) and Australia (+27% per year). The U.S. strengthened its position in the global export structure, from 14% in 2007 to 21% in 2014.

Do you want to know more about the global hop market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• hop market share
• hop prices
• hop industry
• hop sales
• hop market forecast
• hop price forecast
• key hop producers

Source: World: Hops - Market Report. Analysis And Forecast To 2020