World - Hops - Market Analysis, Forecast, Size, Trends and Insights
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: IndexBox AI Platform
This report provides an in-depth analysis of the global hop market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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