Hungary - Hops - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHop Price in Hungary - 2023
Contents:
- Hop Price in Hungary (CIF) - 2022
- Hop Price in Hungary (FOB) - 2022
- Hop Imports in Hungary
- Hop Exports in Hungary
Hop Price in Hungary (CIF) - 2022
In 2022, the average hop import price amounted to $25,398 per ton, reducing by -4.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 50% against the previous year. The import price peaked at $37,410 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($113,568 per ton), while the price for the Netherlands ($8,486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Hop Price in Hungary (FOB) - 2022
The average hop export price stood at $4,063 per ton in 2022, with a decrease of -71.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 an increase of 87%. As a result, the export price reached the peak level of $22,425 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +16.0% per year.
Hop Imports in Hungary
Hop imports into Hungary rose markedly to 78 tons in 2022, with an increase of 7.6% on the previous year. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports reached the peak of 127 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, hop imports expanded slightly to $2M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 47%. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Hop in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,182 | 1,904 | 1,415 | 1,355 | 4.7% |
| Belgium | 170 | 233 | 214 | 229 | 10.4% |
| Slovenia | 28.6 | N/A | 30.3 | 167 | 80.1% |
| United States | 34.5 | 37.6 | 104 | 67.5 | 25.1% |
| Netherlands | N/A | N/A | N/A | 17.2 | 0% |
| Poland | 29.0 | 3.5 | 26.1 | N/A | -5.1% |
| Others | 229 | 285 | 140 | 142 | -14.7% |
| Total | 1,674 | 2,463 | 1,929 | 1,977 | 5.7% |
Top Suppliers of Hop to Hungary in 2022:
- Germany (59.3 tons)
- Belgium (10.2 tons)
- United States (3.6 tons)
- Netherlands (2.0 tons)
- Slovenia (1.5 tons)
Hop Exports in Hungary
For the third consecutive year, Hungary recorded decline in overseas shipments of hops, which decreased by -48.6% to 238 kg in 2022. Overall, exports showed a precipitous shrinkage. The smallest decline of -8.9% was in 2021.
In value terms, hop exports contracted notably to $967 in 2022. Over the period under review, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 33%.
| Export of Hop in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 15.8 | N/A | 1.0 | 1.0 | -60.1% |
| Slovakia | N/A | 4.9 | N/A | N/A | 0% |
| Moldova | N/A | N/A | 5.5 | N/A | 0% |
| Czech Republic | 4.6 | N/A | N/A | N/A | 0% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 21.6 | 4.9 | 6.5 | 1.0 | -64.1% |
Top Export Markets for Hop from Hungary in 2022:
- Romania (238.0 kg)
This report provides an in-depth analysis of the hop market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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
-
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
-
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
-
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
-
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
439
This report provides an in-depth analysis of the hop market in Hungary.
286
This report provides an in-depth analysis of the prepared rubber accelerators market in Hungary.
212
This report provides an in-depth analysis of the typewriter market in Hungary.
277
This report provides an in-depth analysis of the stamping foil market in Hungary.
271
This report provides an in-depth analysis of the razor market in Hungary.
446
This report provides an in-depth analysis of the market for brassiere, girdle and corset in Hungary.
234
This report provides an in-depth analysis of the microscope market in Hungary.
227
This report provides an in-depth analysis of the market for chlorides and phosphorus oxychloride and halides in Hungary.
288
This report provides an in-depth analysis of the civil reaction engine market in Hungary.
211
This report provides an in-depth analysis of the brassiere market in Hungary.
1302
Global hop consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
7304
In 2015, the countries with the highest levels of hop production were Ethiopia (X thousand tons), Germany (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
2642
Germany seized control of the hop market. In 2014, Germany exported X thousand tons of hop totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total hop exports in value terms,
1035
In value terms, prepared rubber accelerators imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern...
1279
In value terms, prepared rubber accelerators exports stood at $X in 2016. In general, prepared rubber accelerators exports continue to indicate a relatively flat trend pattern. Over the period unde...
857
In value terms, unused postage, revenue and similar stamps imports amounted to $X in 2016. Overall, unused postage, revenue and similar stamps imports continue to indicate a drastic shrinkage. Over t...
1198
In value terms, unused postage, revenue and similar stamps exports totaled $X in 2016. Overall, unused postage, revenue and similar stamps exports continue to indicate a significant contraction. Ov...
1065
In value terms, razors and razor blades imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
618
In value terms, razors and razor blades exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
214
Explore the top import markets for brassiere, girdle, and corset and the key statistics. Discover the countries leading the global market for intimate clothing.
