Romania: Hop Market 2024

Hop Market Size in Romania

The Romanian hop market plummeted to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Hop Production in Romania

In value terms, hop production stood at $X in 2022 estimated in export price. Overall, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Hop production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average hop yield in Romania shrank to X tons per ha, waning by X% on 2021 figures. Overall, the yield indicated a tangible increase from 2012 to 2022: its figure 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 yield increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The hop yield peaked at X tons per ha in 2021, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of hops were harvested in Romania; stabilizing at the year before. In general, the harvested area recorded a noticeable descent. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the hop harvested area remained at a somewhat lower figure.

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Hop Exports

Exports from Romania

In 2022, approx. X kg of hops were exported from Romania; dropping by X% compared with 2021 figures. Overall, exports saw a dramatic slump. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, hop exports fell significantly to $X in 2022. In general, exports continue to indicate a abrupt contraction. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for hop exports from Romania, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%.

In value terms, Germany ($X) also remains the key foreign market for hops exports from Romania.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%.

Export Prices by Country

The average hop export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, enjoyed a resilient increase. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to X% per year.

Hop Imports

Imports into Romania

In 2022, approx. X tons of hops were imported into Romania; with a decrease of X% against 2021. Over the period under review, total imports indicated a mild 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 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, hop imports fell remarkably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest hop supplier to Romania, with a X% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), more than tenfold.

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

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

From 2012 to 2022, the average annual growth rate 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

In 2022, the average hop import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Slovenia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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