Italy - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Price in Italy - 2023
Contents:
- Hop Price in Italy (CIF) - 2022
- Hop Price in Italy (FOB) - 2022
- Hop Imports in Italy
- Hop Exports in Italy
Hop Price in Italy (CIF) - 2022
The average hop import price stood at $2,392 per ton in 2022, dropping by -31.4% against the previous year. In general, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 61%. Over the period under review, average import prices reached the peak figure at $3,675 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($18,674 per ton), while the price for Germany ($1,357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-2.7%), while the prices for the other major suppliers experienced a decline.
Hop Price in Italy (FOB) - 2022
The average hop export price stood at $28,409 per ton in 2022, dropping by -4.7% against the previous year. In general, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2019 an increase of 65% against the previous year. The export price peaked at $29,804 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($39,088 per ton), while the average price for exports to Brazil ($8,713 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 Brazil (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hop Imports in Italy
In 2022, supplies from abroad of hops was finally on the rise to reach 5.4K tons after two years of decline. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hop imports soared to $13M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hop in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 6.9 | 5.0 | 6.8 | 0.0% |
| Belgium | 3.3 | 3.1 | 3.6 | 3.9 | 5.7% |
| Czech Republic | 0.3 | 0.2 | 0.7 | 0.5 | 18.6% |
| Others | 1.1 | 0.7 | 0.8 | 1.8 | 17.8% |
| Total | 11.5 | 10.9 | 10.1 | 13.0 | 4.2% |
Top Suppliers of Hop to Italy in 2022:
- Germany (5.0K tons)
- Belgium (0.2K tons)
- Czech Republic (0.1K tons)
Hop Exports in Italy
In 2022, shipments abroad of hops decreased by -32.2% to 6.8 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, the exports attained the peak of 30 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, hop exports fell dramatically to $193K in 2022. In general, exports saw a sharp shrinkage. The growth pace was the most rapid in 2020 when exports increased by 44% against the previous year. As a result, the exports reached the peak of $624K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Hop in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 99.0 | 80.0 | 71.4 | 41.6 | -25.1% |
| Slovenia | 52.2 | 38.9 | 21.0 | 31.8 | -15.2% |
| Croatia | 11.4 | 25.1 | 22.6 | 29.6 | 37.4% |
| Greece | 13.2 | 9.7 | 17.4 | 14.9 | 4.1% |
| Switzerland | 55.7 | 17.0 | 1.6 | 12.9 | -38.6% |
| Spain | 40.3 | 34.9 | 12.0 | 11.0 | -35.1% |
| Malta | 3.9 | 4.2 | 7.8 | 7.3 | 23.2% |
| Austria | 1.1 | 2.4 | 4.5 | 5.4 | 70.0% |
| Denmark | 3.8 | 1.7 | 4.6 | 5.3 | 11.7% |
| Hungary | 18.7 | 11.8 | 9.6 | 5.2 | -34.7% |
| Cyprus | 3.5 | 4.7 | 12.6 | 4.1 | 5.4% |
| Portugal | 4.5 | 0.5 | 2.2 | 3.9 | -4.7% |
| Brazil | 4.5 | N/A | 4.6 | 2.6 | -16.7% |
| Others | 123 | 394 | 107 | 17.2 | -48.1% |
| Total | 435 | 624 | 299 | 193 | -23.7% |
Top Export Markets for Hop from Italy in 2022:
- France (1475.0 kg)
- Slovenia (1121.0 kg)
- Croatia (1079.0 kg)
- Greece (559.0 kg)
- Switzerland (515.0 kg)
- Spain (430.0 kg)
- Brazil (300.0 kg)
- Malta (188.0 kg)
- Hungary (179.0 kg)
- Austria (139.0 kg)
- Denmark (136.0 kg)
- Cyprus (127.0 kg)
- Portugal (102.0 kg)
This report provides an in-depth analysis of the hop market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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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