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

Hop Market Size in Turkey

In 2020, after two years of growth, there was significant decline in the Turkish hop market, when its value decreased by -X% to $X. Over the period under review, consumption continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Hop consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Hop Exports

Exports from Turkey

For the sixth year in a row, Turkey recorded growth in overseas shipments of hops, which increased by X% to X tonnes in 2020. Overall, exports continue to indicate a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hop exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tonnes), Iran (X tonnes) and Algeria (X tonnes) were the main destinations of hop exports from Turkey, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Germany (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Germany ($X) and Algeria ($X) appeared to be the largest markets for hop exported from Turkey worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Germany (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average hop export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price posted a remarkable increase. Over the period under review, average export prices attained the maximum at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Iran ($X per tonne), while the average price for exports to Algeria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Iran, while the prices for the other major destinations experienced mixed trend patterns.

Hop Imports

Imports into Turkey

Hop imports into Turkey shrank significantly to X tonnes in 2020, reducing by -X% against the previous year. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, hop imports contracted significantly to $X in 2020. In general, imports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest hop supplier to Turkey, accounting for a X% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany stood at -X%.

In value terms, Germany ($X) constituted the largest supplier of hop to Turkey, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at -X%.

Import Prices by Country

The average hop import price stood at $X per tonne in 2020, flattening at the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Germany amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

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. China, Japan, the Czech Republic, Russia, Italy, Poland and Canada lagged somewhat behind, together comprising 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 Turkey?
+
In value terms, Germany ($1.2M) constituted the largest supplier of hop to Turkey, comprising 72% of total imports. The second position in the ranking was occupied by the U.S. ($431K), with a 26% share of total imports.
What are the leading importers of hops from Turkey?
+
In value terms, the largest markets for hop exported from Turkey were Iran ($141K), Germany ($100K) and Algeria ($9.8K), with a combined 99% share of total exports.
What is the average export price for hops in Turkey?
+
In 2020, the average hop export price amounted to $12,679 per tonne, surging by 214% against the previous year.
What is the average import price for hops in Turkey?
+
The average hop import price stood at $14,573 per tonne in 2020, approximately reflecting the previous year.

Product coverage:
• FCL 677 - Hops

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

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