Brazil - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Price in Brazil - 2023
Contents:
- Hop Price in Brazil (CIF) - 2023
- Hop Price in Brazil (FOB) - 2022
- Hop Imports in Brazil
- Hop Exports in Brazil
Hop Price in Brazil (CIF) - 2023
In October 2023, the average hop import price amounted to $12,681 per ton, waning by -9.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 42% month-to-month. As a result, import price reached the peak level of $19,921 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($15,876 per ton), while the price for the United States amounted to $11,137 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Hop Price in Brazil (FOB) - 2022
In 2022, the average hop export price amounted to $18,695 per ton, falling by -16.8% against the previous year. Overall, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 83% against the previous year. Over the period under review, the average export prices reached the peak figure at $42,213 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($52,285 per ton), while the average price for exports to Uruguay ($17,702 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 Germany (+113.4%), while the prices for the other major destinations experienced more modest paces of growth.
Hop Imports in Brazil
Hop imports into Brazil fell markedly to 2.8K tons in 2022, which is down by -20.1% against the year before. Overall, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of 3.5K tons, and then dropped rapidly in the following year.
In value terms, hop imports dropped sharply to $36M in 2022. In general, imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 73%. As a result, imports reached the peak of $51M, and then contracted notably in the following year.
| Import of Hop in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.0 | 10.6 | 16.9 | 18.2 | 14.9% |
| Germany | 27.0 | 17.4 | 32.5 | 16.2 | -15.7% |
| Czech Republic | 0.2 | 0.5 | 0.8 | 1.3 | 86.6% |
| Others | 1.3 | 0.9 | 0.9 | 0.8 | -14.9% |
| Total | 40.5 | 29.4 | 51.1 | 36.5 | -3.4% |
Top Suppliers of Hop to Brazil in 2022:
- United States (1380.3 tons)
- Germany (1257.2 tons)
- Czech Republic (98.1 tons)
Hop Exports in Brazil
Hop exports from Brazil skyrocketed to 4.7 tons in 2022, growing by 34% compared with the previous year. In general, exports, however, recorded a dramatic curtailment.
In value terms, hop exports expanded notably to $88K in 2022. Overall, exports, however, showed a sharp decline.
| Export of Hop in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 106 | 58.0 | 37.2 | 79.7 | -9.1% |
| Angola | N/A | N/A | 2.1 | 6.8 | 223.8% |
| Paraguay | 6.7 | 39.7 | 31.3 | 1.7 | -36.7% |
| Germany | 38.1 | N/A | 1.1 | N/A | -83.0% |
| United States | 360 | N/A | 7.2 | N/A | -85.9% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 511 | 97.7 | 78.9 | 88.2 | -44.3% |
Top Export Markets for Hop from Brazil in 2022:
- Uruguay (4.5 tons)
- Paraguay (0.1 tons)
- Angola (0.1 tons)
This report provides an in-depth analysis of the hop market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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.
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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
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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
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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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