Sweden - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Price in Sweden - 2023
Contents:
- Hop Price in Sweden (CIF) - 2023
- Hop Price in Sweden (FOB) - 2022
- Hop Imports in Sweden
- Hop Exports in Sweden
Hop Price in Sweden (CIF) - 2023
In August 2023, the average hop import price amounted to $34,586 per ton, increasing by 22% against the previous month. In general, import price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, hop import price increased by +13.8% against January 2023 indices. The growth pace was the most rapid in January 2023 an increase of 48% month-to-month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($93,232 per ton), while the price for Poland ($18,987 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Hop Price in Sweden (FOB) - 2022
In 2022, the average hop export price amounted to $20,566 per ton, increasing by 7.6% against the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of 148%. Over the period under review, the average export prices reached the maximum at $36,730 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($30,066 per ton), while the average price for exports to Norway ($16,866 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 Finland (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Hop Imports in Sweden
After three years of growth, supplies from abroad of hops decreased by -16.1% to 442 tons in 2022. In general, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 when imports increased by 3.7% against the previous year.
In value terms, hop imports contracted sharply to $9.8M in 2022. Overall, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 5.9% against the previous year. As a result, imports attained the peak of $13M, and then declined sharply in the following year.
| Import of Hop in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | 6.0 | 5.6 | 4.8 | -5.6% |
| Belgium | 3.5 | 2.9 | 4.4 | 2.8 | -7.2% |
| United States | 1.0 | 1.2 | 1.2 | 0.8 | -7.2% |
| United Kingdom | 1.2 | 1.8 | 0.4 | 0.6 | -20.6% |
| Poland | N/A | N/A | N/A | 0.3 | 0% |
| New Zealand | N/A | N/A | 0.6 | 0.2 | -66.7% |
| Others | 0.1 | 0.1 | 0.4 | 0.2 | 26.0% |
| Total | 11.5 | 11.9 | 12.6 | 9.8 | -5.2% |
Top Suppliers of Hop to Sweden in 2022:
- Germany (242.0 tons)
- Belgium (87.0 tons)
- United Kingdom (39.3 tons)
- United States (37.9 tons)
- Poland (15.0 tons)
- New Zealand (7.5 tons)
Hop Exports in Sweden
In 2022, hop exports from Sweden fell to 76 tons, shrinking by -13.9% on 2021. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of 88 tons, and then declined in the following year.
In value terms, hop exports declined to $1.6M in 2022. The total export value increased at an average annual rate of +5.2% 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 2021 when exports increased by 31%. As a result, the exports attained the peak of $1.7M, and then dropped in the following year.
| Export of Hop in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 693 | 992 | 1,199 | 803 | 5.0% |
| Denmark | 13.5 | 16.7 | 83.7 | 385 | 205.5% |
| Finland | 98.1 | 227 | 351 | 340 | 51.3% |
| United Kingdom | 498 | 21.2 | 0.2 | N/A | -98.0% |
| Others | 31.7 | 26.3 | 43.4 | 25.7 | -6.8% |
| Total | 1,334 | 1,283 | 1,677 | 1,554 | 5.2% |
Top Export Markets for Hop from Sweden in 2022:
- Norway (47.6 tons)
- Denmark (14.5 tons)
- Finland (11.3 tons)
This report provides an in-depth analysis of the hop market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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
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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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