Austria - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Price in Austria - 2023
Contents:
- Hop Price in Austria (CIF) - 2023
- Hop Price in Austria (FOB) - 2022
- Hop Imports in Austria
- Hop Exports in Austria
Hop Price in Austria (CIF) - 2023
The average hop import price stood at $25,302 per ton in July 2023, with an increase of 38% against the previous month. In general, the import price posted a temperate increase. The pace of growth was the most pronounced in May 2023 when the average import price increased by 165% against the previous month. The import price peaked in July 2023.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From July 2022 to July 2023, the rate of growth in terms of prices for Slovenia amounted to +25.6% per month.
Hop Price in Austria (FOB) - 2022
The average hop export price stood at $25,372 per ton in 2022, picking up by 8.1% against the previous year. In general, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 192% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($34,285 per ton), while the average price for exports to Belgium ($4,709 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Hop Imports in Austria
In 2022, hop imports into Austria soared to 257 tons, picking up by 32% on 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, hop imports shrank notably to $2.4M in 2022. Over the period under review, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 8.6% against the previous year. As a result, imports attained the peak of $3.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Hop in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 3.0 | 2.7 | 2.2 | -1.5% |
| Slovenia | 0.6 | 0.4 | 0.2 | 0.1 | -45.0% |
| Czech Republic | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 3.6 | 3.1 | 2.4 | -10.1% |
Top Suppliers of Hop to Austria in 2022:
- Germany (243.3 tons)
- Slovenia (8.0 tons)
- Czech Republic (4.0 tons)
Hop Exports in Austria
In 2022, hop exports from Austria shrank dramatically to 2.2 tons, waning by -22% against 2021. Overall, exports saw a significant decrease. The smallest decline of -8.1% was in 2021.
In value terms, hop exports dropped markedly to $57K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.
| Export of Hop in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.4 | 38.5 | 43.5 | 43.2 | 9.0% |
| United Kingdom | N/A | N/A | N/A | 6.8 | 0% |
| Czech Republic | 0.1 | N/A | N/A | 4.0 | 242.0% |
| Switzerland | N/A | N/A | 1.5 | 1.4 | -6.7% |
| Slovenia | 4.4 | 1.4 | 2.2 | 1.0 | -39.0% |
| Belgium | 0.1 | 0.2 | 0.6 | 0.4 | 58.7% |
| Russia | 7.9 | 4.1 | N/A | N/A | -48.1% |
| Bosnia and Herzegovina | 24.7 | N/A | N/A | N/A | 0% |
| Mongolia | 5.4 | N/A | 3.5 | N/A | -19.5% |
| Cuba | 17.9 | 7.5 | N/A | N/A | -58.1% |
| Estonia | 5.2 | 6.2 | N/A | N/A | 19.2% |
| Canada | N/A | N/A | 15.9 | N/A | 0% |
| Others | 2.7 | 0.1 | 0.3 | 0.2 | -58.0% |
| Total | 102 | 58.0 | 67.6 | 57.0 | -17.6% |
Top Export Markets for Hop from Austria in 2022:
- Germany (1261.0 kg)
- Czech Republic (456.0 kg)
- United Kingdom (300.0 kg)
- Slovenia (91.0 kg)
- Belgium (86.0 kg)
- Switzerland (43.0 kg)
This report provides an in-depth analysis of the hop market in Austria. 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 2030.
Product coverage:
- FCL 677 - Hops
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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