Austria: Hop Market 2024

Hop Market Size in Austria

The Austrian hop market expanded notably to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. Hop consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Hop Production in Austria

In value terms, hop production reduced slightly to $X in 2022 estimated in export price. In general, production recorded resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average hop yield in Austria expanded remarkably to X tons per ha, increasing by X% against the year before. Overall, the yield, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The hop yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of hops in Austria expanded slightly to X ha, with an increase of X% against 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the harvested area increased by X% against the previous year. The hop harvested area peaked in 2022 and is likely to continue growth in the immediate term.

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Hop Exports

Exports from Austria

For the third consecutive year, Austria recorded decline in overseas shipments of hops, which decreased by X% to X tons in 2022. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, hop exports fell dramatically to $X in 2022. In general, exports, however, showed perceptible growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for hop exports from Austria, with a X% share of total exports. Moreover, hop exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X kg), threefold. The UK (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for hops exports from Austria, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average hop export price amounted to $X per ton, waning by X% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hop export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X 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 Bosnia and Herzegovina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hop Imports

Imports into Austria

In 2022, the amount of hops imported into Austria expanded notably to X tons, surging by X% on the year before. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, hop imports declined significantly to $X in 2022. In general, imports enjoyed tangible growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of hop to Austria, accounting for a X% share of total imports. It was followed by Slovenia (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and the Czech Republic (X% per year).

In value terms, Germany ($X) constituted the largest supplier of hops to Austria, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Slovenia (X% per year).

Import Prices by Country

The average hop import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price recorded a mild decline. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X 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 the Czech Republic ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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