Germany: Hop Market 2024

Hop Market Size in Germany

In 2022, the German hop market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, saw a relatively flat trend pattern. Hop consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Hop Production in Germany

In value terms, hop production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Hop production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The average yield of hops in Germany dropped dramatically to X tons per ha in 2022, which is down by X% compared with 2021. Overall, the yield continues to indicate a slight shrinkage. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. The hop yield peaked at X tons per ha in 2019; however, from 2020 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.

The hop harvested area in Germany shrank modestly to X ha in 2022, declining by X% compared with 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. The hop harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

Hop Exports

Exports from Germany

Hop exports from Germany reduced to X tons in 2022, declining by X% compared with the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, hop exports dropped to $X in 2022. Over the period under review, total exports indicated a strong 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. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Japan (X tons), Russia (X tons) and China (X tons) were the main destinations of hop exports from Germany, together comprising X% of total exports. The United States, the UK, Brazil, Italy, Belgium, Mexico, Thailand, Vietnam, Poland and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and Japan ($X) appeared to be the largest markets for hop exported from Germany worldwide, with a combined X% share of total exports. China, Brazil, Belgium, the UK, Thailand, Vietnam, Mexico, Poland, Italy and India lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hop export price amounted to $X per ton, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

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

Hop Imports

Imports into Germany

In 2022, approx. X tons of hops were imported into Germany; surging by X% against 2021. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, hop imports dropped modestly to $X in 2022. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X tons), the United States (X tons) and Slovenia (X tons) were the main suppliers of hop imports to Germany, together accounting for X% of total imports. The Czech Republic, France, Austria and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hop suppliers to Germany were the United States ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Slovenia, France, Austria and Spain lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hop import price amounted to $X per ton, declining by X% against the previous year. Overall, import price indicated pronounced growth 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 import price decreased by X% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :