United Arab Emirates: Hop Market Overview 2021

Hop Market Size in the United Arab Emirates

The hop market in the United Arab Emirates rose sharply to $X in 2019, increasing by X% against the previous year. In general, consumption continues to indicate a significant increase. The pace of growth appeared the most rapid in 2009 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 the United Arab Emirates

In value terms, hop production expanded significantly to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the immediate term.

In 2019, the average hop yield in the United Arab Emirates totaled X kg per ha, almost unchanged from the previous year's figure. In general, the yield recorded 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 total area harvested in terms of hops production in the United Arab Emirates was estimated at X ha, remaining relatively unchanged against the previous year. Overall, the harvested area showed a relatively flat trend pattern.

Hop Exports

Exports from the United Arab Emirates

In 2019, approx. X tonnes of hops were exported from the United Arab Emirates; reducing by -X% against the previous year. In general, exports showed a precipitous decrease. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, hop exports fell to $X in 2019. Overall, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Qatar (X kg) was the main destination for hop exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, hop exports to Qatar exceeded the volume sent to the second major destination, Iran (X kg), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Qatar stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-X% per year) and Oman (-X% per year).

In value terms, Qatar ($X), Oman ($X) and Iran ($X) appeared to be the largest markets for hop exported from the United Arab Emirates worldwide, with a combined X% share of total exports.

Oman saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average hop export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price showed a prominent increase. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The export price peaked in 2019 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Oman ($X per tonne), while the average price for exports to Qatar ($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 Oman, while the prices for the other major destinations experienced a decline.

Hop Imports

Imports into the United Arab Emirates

Hop imports into the United Arab Emirates reduced to X kg in 2019, with a decrease of -X% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X kg in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, hop imports soared to $X in 2019. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are likely to see gradual growth in the near future.

Imports by Country

Egypt (X kg), Turkey (X kg) and Pakistan (X kg) were the main suppliers of hop imports to the United Arab Emirates, together comprising X% of total imports.

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

In value terms, Egypt ($X), Saudi Arabia ($X) and Turkey ($X) appeared to be the largest hop suppliers to the United Arab Emirates, together comprising X% of total imports.

In terms of the main suppliers, Saudi Arabia recorded the highest rates of growth with regard to 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, rising by X% against the previous year. In general, the import price recorded a strong increase. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked in 2019 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Saudi Arabia, 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. China, Italy, Japan, the Czech Republic, Russia, Canada and Brazil lagged somewhat behind, together accounting 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), with a combined 81% share of global production.

What are the leading suppliers of hops to the United Arab Emirates?

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In value terms, Egypt ($1.2K), Saudi Arabia ($908) and Turkey ($361) were the largest hop suppliers to the United Arab Emirates, with a combined 90% share of total imports.

What are the leading importers of hops from the United Arab Emirates?

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In value terms, the largest markets for hop exported from the United Arab Emirates were Qatar ($7.2K), Oman ($5.7K) and Iran ($5.3K), with a combined 88% share of total exports.

What is the average export price for hops in the United Arab Emirates?

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In 2019, the average hop export price amounted to $16,346 per tonne, jumping by 16% against the previous year.

What is the average import price for hops in the United Arab Emirates?

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The average hop import price stood at $29,037 per tonne in 2019, picking up by 27% against the previous year.