Switzerland: Hop Market 2024

Hop Market Size in Switzerland

In 2022, the Swiss hop market decreased by X% to $X for the first time since 2013, thus ending a eight-year rising trend. In general, consumption enjoyed a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then declined modestly in the following year.

Hop Production in Switzerland

In value terms, hop production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of hops in Switzerland declined sharply to X tons per ha in 2022, with a decrease of X% against 2021. Overall, the yield continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. The hop yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. 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 Switzerland totaled X ha in 2022, stabilizing at 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the harvested area dedicated to hop production attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Hop Exports

Exports from Switzerland

In 2022, hop exports from Switzerland reached X tons, leveling off at the previous year's figure. In general, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hop exports shrank slightly to $X in 2022. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

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

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

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

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

Export Prices by Country

The average hop export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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 Switzerland

In 2022, hop imports into Switzerland soared to X tons, increasing by X% on 2021 figures. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, hop imports expanded modestly to $X in 2022. In general, imports posted buoyant growth. 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 hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest hop supplier to Switzerland, accounting for a X% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%.

In value terms, Germany ($X) constituted the largest supplier of hops to Switzerland, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

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

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, import price indicated a buoyant expansion 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 growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then fell in the following year.

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 Germany totaled $X per ton.

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

Source: IndexBox Platform

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