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

Hop Market Size in Thailand

The Thai hop market surged to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Hop consumption peaked at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Hop Exports

Exports from Thailand

In 2020, after three years of decline, there was significant growth in overseas shipments of hops, when their volume increased by X% to X kg. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, hop exports soared to $X in 2020. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual growth rate of volume to Myanmar amounted to +X%.

In value terms, Myanmar ($X) also remains the key foreign market for hop exports from Thailand.

From 2007 to 2020, the average annual rate of growth in terms of value to Myanmar stood at +X%.

Export Prices by Country

In 2020, the average hop export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for Myanmar amounted to +X% per year.

Hop Imports

Imports into Thailand

In 2020, imports of hops into Thailand soared to X tonnes, picking up by X% against the year before. Overall, total imports indicated a modest expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, hop imports surged to $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tonnes) was the main hop supplier to Thailand, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to +X%.

In value terms, Germany ($X) constituted the largest supplier of hop to Thailand.

From 2007 to 2020, the average annual growth rate of value from Germany was relatively modest.

Import Prices by Country

In 2020, the average hop import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to -X% per year.

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), with a combined 67% share of global consumption. These countries were followed by China, Japan, the Czech Republic, Russia, Italy, Poland and Canada, which together accounted for a further 18%.
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), with a combined 80% share of global production.
What are the leading suppliers of hops to Thailand?
+
In value terms, Germany ($8.5M) constituted the largest supplier of hop to Thailand.
What are the leading importers of hops from Thailand?
+
In value terms, Myanmar ($12K) remains the key foreign market for hop exports from Thailand.
What is the average export price for hops in Thailand?
+
In 2020, the average hop export price amounted to $16,386 per tonne, surging by 20% against the previous year.
What is the average import price for hops in Thailand?
+
The average hop import price stood at $14,014 per tonne in 2020, which is down by -16% against the previous year.

Product coverage:
• FCL 677 - Hops

This report provides an in-depth analysis of the hop market in Thailand. 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:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• 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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