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China - Hops - Market Analysis, Forecast, Size, Trends and Insights
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China: Hop Market Overview 2021

Hop Market Size in China

In 2020, the Chinese hop market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, saw a slight decline. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. Hop consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Hop Production in China

In value terms, hop production reduced to $X in 2020 estimated in export prices. in general, production continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Hop production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

In 2020, the average yield of hops in China reached X tonnes per ha, remaining stable against the year before. in general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% year-to-year. The hop yield peaked in 2020 and is likely to continue growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of hops in China shrank to X ha, waning by -X% on the previous year. in general, the harvested area continues to indicate a noticeable decrease. Over the period under review, the harvested area dedicated to hop production attained the peak figure at X ha in 2007; however, from 2008 to 2020, the harvested area failed to regain the momentum.

Hop Exports

Exports from China

In 2020, shipments abroad of hops decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. in general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, hop exports fell sharply to $X in 2020. Over the period under review, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

Brazil (X tonnes) was the main destination for hop exports from China, with a X% share of total exports. Moreover, hop exports to Brazil exceeded the volume sent to the second major destination, Ukraine (X tonnes), twofold. Russia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Brazil stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Russia (+X% per year).

In value terms, Brazil ($X) remains the key foreign market for hop exports from China, comprising X% of total exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Brazil totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

In 2020, the average hop export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, export price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, hop export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. in 2020, the country with the highest price was Hong Kong SAR ($X per tonne), while the average price for exports to Australia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Hop Imports

Imports into China

Hop imports into China rose significantly to X tonnes in 2020, surging by X% compared with the previous year. Overall, imports showed a resilient expansion. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, hop imports soared to $X in 2020. in general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tonnes), the Czech Republic (X tonnes) and the U.S. (X tonnes) were the main suppliers of hop imports to China, with a combined X% share of total imports. These countries were followed by Slovenia, which accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and the U.S. ($X) constituted the largest hop suppliers to China, with a combined X% share of total imports. Slovenia lagged somewhat behind, accounting for a further X the main suppliers, Slovenia recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average hop import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. in 2020, the countries with the highest prices were the U.S. ($X per tonne) and the Czech Republic ($X per tonne), while the price for Germany ($X per tonne) and Slovenia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hops in the world?
+
The countries with the highest volumes of hop consumption in 2020 were the U.S. (46K tonnes), Ethiopia (46K tonnes) and Germany (32K tonnes), together comprising 67% of global consumption. These countries were followed by China, Japan, the Czech Republic, Russia, Italy and Poland, which together accounted for a further 16%.
What are the largest producers of hops in the world?
+
The countries with the highest volumes of hop production in 2020 were the U.S. (54K tonnes), Germany (50K tonnes) and Ethiopia (46K tonnes), together comprising 81% of global production.
What are the leading suppliers of hops to China?
+
In value terms, Germany ($20M), the Czech Republic ($16M) and the U.S. ($7.1M) were the largest hop suppliers to China, together accounting for 89% of total imports. These countries were followed by Slovenia, which accounted for a further 11%.
What are the leading importers of hops from China?
+
In value terms, Brazil ($162K) remains the key foreign market for hop exports from China, comprising 50% of total exports. The second position in the ranking was occupied by Ukraine ($73K), with a 22% share of total exports. It was followed by Hong Kong SAR, with a 12% share.
What is the average export price for hops in China?
+
The average hop export price stood at $5,590 per tonne in 2020, with an increase of 6% against the previous year.
What is the average import price for hops in China?
+
The average hop import price stood at $10,927 per tonne in 2020, rising by 6.8% against the previous year.

Product coverage:
• FCL 677 - Hops

This report provides an in-depth analysis of the hop market in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption in 2007–2020
Table 5:
Imports, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Value Terms, by Country, 2007–2020
Table 7:
Import Prices, by Country of Origin, 2007–2020
Table 8:
Exports, in Physical Terms, by Country, 2007–2020
Table 9:
Exports, in Value Terms, by Country, 2007–2020
Table 10:
Export Prices, by Country of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, in Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, in Value Terms, 2007–2020
Figure 5:
Trade Balance, in Physical Terms, 2007–2020
Figure 6:
Trade Balance, in Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast to 2030
Figure 9:
Products: Market Size and Growth, by Type
Figure 10:
Products: Average Per Capita Consumption, by Type
Figure 11:
Products: Exports and Growth, by Type
Figure 12:
Products: Export Prices and Growth, by Type
Figure 13:
Production Volume and Growth
Figure 14:
Yield and Growth
Figure 15:
Exports and Growth
Figure 16:
Export Prices and Growth
Figure 17:
Market Size and Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports and Growth
Figure 20:
Import Prices
Figure 21:
Production, in Physical Terms, 2007–2020
Figure 22:
Production, in Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, in Physical Terms, 2007–2020
Figure 26:
Imports, in Value Terms, 2007–2020
Figure 27:
Imports, in Physical Terms, by Country, 2020
Figure 28:
Imports, in Physical Terms, by Country, 2007–2020
Figure 29:
Imports, in Value Terms, by Country, 2007–2020
Figure 30:
Import Prices, by Country of Origin, 2007–2020
Figure 31:
Exports, in Physical Terms, 2007–2020
Figure 32:
Exports, in Value Terms, 2007–2020
Figure 33:
Exports, in Physical Terms, by Country, 2020
Figure 34:
Exports, in Physical Terms, by Country, 2007–2020
Figure 35:
Exports, in Value Terms, by Country, 2007–2020
Figure 36:
Export Prices, by Country of Destination, 2007–2020
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