Pakistan: Hop Market Overview 2021

Hop Market Size in Pakistan

The Pakistani hop market expanded sharply to $X in 2019, with an increase of X% against the previous year. In general, consumption showed strong growth. The pace of growth appeared the most rapid in 2013 when the market value increased by X% against the previous year. Hop consumption peaked in 2019 and is expected to retain growth in the near future.

Hop Production in Pakistan

In value terms, hop production rose significantly to $X in 2019 estimated in export prices. In general, the total production indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2012 indices. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Hop production peaked in 2019 and is expected to retain growth in the immediate term.

In 2019, the average yield of hops in Pakistan was estimated at X kg per ha, approximately equating 2018 figures. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the hop harvested area in Pakistan was estimated at X ha, approximately reflecting the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern.

Hop Exports

Exports from Pakistan

In 2019, the amount of hops exported from Pakistan fell to X tonnes, with a decrease of -X% compared with the year before. In general, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2013 to 2019, the growth exports failed to regain the momentum.

In value terms, hop exports amounted to $X in 2019. Over the period under review, exports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main destinations of hop exports from Pakistan, with a combined X% share of total exports. Taiwan (Chinese), China, Spain and Myanmar lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Egypt ($X) and France ($X) appeared to be the largest markets for hop exported from Pakistan worldwide, together comprising X% of total exports. These countries were followed by Taiwan (Chinese), China, Spain and Myanmar, which together accounted for a further X saw the highest rates of growth with regard to the value of exports, in terms of 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

The average hop export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Hop Imports

Imports into Pakistan

In 2019, imports of hops into Pakistan totaled X tonnes, with an increase of X% against the previous year's figure. In general, imports showed a remarkable increase. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, hop imports shrank to $X in 2019. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then contracted in the following year.

Imports by Country

The U.S. (X tonnes), Germany (X tonnes) and Slovenia (X tonnes) were the main suppliers of hop imports to Pakistan.

From 2007 to 2019, the biggest increases were in the U.S., while purchases for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X), Germany ($X) and Slovenia ($X) constituted the largest hop suppliers to Pakistan.

In terms of the main suppliers, the U.S. (+X% per year) recorded the highest growth rate of 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 2019, the average hop import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018, and then reduced dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Slovenia ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hops in the world?

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The countries with the highest volumes of hop consumption in 2019 were Ethiopia (44K tonnes), the U.S. (43K tonnes) and Germany (30K tonnes), with a combined 66% share of global consumption. These countries were followed by China, Italy, Japan, the Czech Republic, Russia, Canada and Brazil, which together accounted for a further 18%.

What are the largest producers of hops in the world?

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The countries with the highest volumes of hop production in 2019 were the U.S. (51K tonnes), Germany (49K tonnes) and Ethiopia (44K tonnes), together comprising 81% of global production.

What are the leading suppliers of hops to Pakistan?

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In value terms, the largest hop suppliers to Pakistan were the U.S. ($179K), Germany ($97K) and Slovenia ($27K).

What are the leading importers of hops from Pakistan?

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In value terms, the U.S. ($131K), Egypt ($72K) and France ($61K) were the largest markets for hop exported from Pakistan worldwide, together comprising 65% of total exports. These countries were followed by Taiwan (Chinese), China, Spain and Myanmar, which together accounted for a further 35%.

What is the average export price for hops in Pakistan?

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The average hop export price stood at $9,790 per tonne in 2019, rising by 7.7% against the previous year.

What is the average import price for hops in Pakistan?

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The average hop import price stood at $18,758 per tonne in 2019, dropping by -15.6% against the previous year.