Benelux: Hop Market 2024

Hop Market Size in Benelux

The Benelux hop market amounted to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption posted a perceptible increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Hop Production in Benelux

In value terms, hop production amounted to $X in 2022 estimated in export price. The total production indicated a tangible expansion 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The country with the largest volume of hop production was Belgium (X tons), accounting for X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Belgium was relatively modest.

In 2022, the average hop yield in Benelux rose notably to X tons per ha, with an increase of X% against the year before. Overall, the yield, however, showed a slight decrease. Over the period under review, the hop yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. 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 Benelux dropped to X ha, declining by X% compared with the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to hop production attained the maximum at X ha in 2021, and then dropped in the following year.

Hop Exports

Exports in Benelux

In 2022, the amount of hops exported in Benelux expanded notably to X tons, rising by X% compared with the previous year's figure. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hop exports dropped to $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. The Netherlands (X tons) took a little share of total exports.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest hop supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

In Belgium, hop exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, dropping by X% against the previous year. Export price indicated a tangible 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. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Hop Imports

Imports in Benelux

In 2022, the amount of hops imported in Benelux expanded notably to X tons, with an increase of X% on the previous year's figure. In general, imports posted prominent growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hop imports rose slightly to $X in 2022. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) was the main importer of hops, making up X% of total imports. It was distantly followed by the Netherlands (X tons), generating a X% share of total imports.

Belgium was also the fastest-growing in terms of the hops imports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported hops in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium stood at X%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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