Slovenia - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Price in Slovenia - 2023
Contents:
- Hop Price in Slovenia (FOB) - 2022
- Hop Price in Slovenia (CIF) - 2023
- Hop Exports in Slovenia
- Hop Imports in Slovenia
Hop Price in Slovenia (FOB) - 2022
The average hop export price stood at $9,589 per ton in 2022, shrinking by -22.4% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 33%. The export price peaked at $12,358 per ton in 2021, and then shrank sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($18,424 per ton), while the average price for exports to Poland ($6,801 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 Seychelles (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.
Hop Price in Slovenia (CIF) - 2023
The average hop import price stood at $31,511 per ton in August 2023, waning by -41.3% against the previous month. In general, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 177% m-o-m. As a result, import price reached the peak level of $85,475 per ton. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +23.9% per month.
Hop Exports in Slovenia
In 2022, the amount of hops exported from Slovenia reduced remarkably to 1.7K tons, with a decrease of -15.7% compared with 2021. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.2%.
In value terms, hop exports reduced remarkably to $16M in 2022. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 14%.
| Export of Hop in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.9 | 8.0 | 12.5 | 6.2 | -25.3% |
| China | 3.6 | 3.1 | 3.8 | 3.0 | -5.9% |
| United Kingdom | 2.6 | 3.0 | 1.2 | 1.0 | -27.3% |
| Belgium | 1.3 | 1.3 | 1.8 | 1.0 | -8.4% |
| Croatia | 0.7 | 0.7 | 0.8 | 0.9 | 8.7% |
| Serbia | 0.6 | 0.2 | 0.2 | 0.5 | -5.9% |
| Vietnam | 1.0 | 1.7 | 1.2 | 0.5 | -20.6% |
| Russia | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Poland | 0.2 | 0.4 | N/A | 0.2 | 0.0% |
| Others | 2.8 | 2.9 | 3.0 | 2.5 | -3.7% |
| Total | 28.1 | 21.9 | 24.9 | 16.3 | -16.6% |
Top Export Markets for Hop from Slovenia in 2022:
- Germany (767.4 tons)
- China (324.0 tons)
- United Kingdom (124.4 tons)
- Belgium (107.9 tons)
- Croatia (47.2 tons)
- Russia (46.5 tons)
- Vietnam (44.0 tons)
- Poland (35.8 tons)
- Serbia (33.6 tons)
Hop Imports in Slovenia
In 2022, the amount of hops imported into Slovenia was estimated at 372 tons, with an increase of 11% against the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 65% against the previous year. As a result, imports attained the peak of 404 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hop imports reached $4.6M in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 34%. As a result, imports reached the peak of $5.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Hop in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 421 | 505 | 1,562 | 1,881 | 64.7% |
| Germany | 622 | 1,601 | 933 | 1,590 | 36.7% |
| Poland | 129 | 524 | 640 | 521 | 59.3% |
| Czech Republic | 106 | 40.8 | 117 | 210 | 25.6% |
| United Kingdom | 280 | 90.7 | 197 | 144 | -19.9% |
| Belgium | 1,035 | 1,233 | 724 | N/A | -16.4% |
| Others | 1,316 | 1,250 | 363 | 227 | -44.3% |
| Total | 3,909 | 5,245 | 4,537 | 4,573 | 5.4% |
Top Suppliers of Hop to Slovenia in 2022:
- Germany (197.2 tons)
- Poland (67.7 tons)
- United States (66.1 tons)
- Czech Republic (18.2 tons)
- United Kingdom (15.7 tons)
This report provides an in-depth analysis of the hop market in Slovenia. 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:
- Slovenia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovenia
- 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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