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World - Hops - Market Analysis, Forecast, Size, Trends and Insights
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Global Hop Market Overview 2021

Hop Market Size

The global hop market rose markedly to $X in 2020, surging by X% against the previous year. Over the period under review, consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the global market attained the maximum level in 2020 and is likely to see steady growth in the immediate term.

Hop Production

In value terms, hop production expanded remarkably to $X in 2020 estimated in export prices. in general, production showed a strong increase. The growth pace was the most rapid in 2008 when the production volume increased by X% year-to-year. Global production peaked in 2020 and is expected to retain growth in the near future.

The countries with the highest volumes of hop production in 2020 were the U.S. (X tonnes), Germany (X tonnes) and Ethiopia (X tonnes), together accounting for X% of global production.

From 2007 to 2020, the most notable rate of growth in terms of hop production, amongst the leading producing countries, was attained by the U.S., while hop production for the other global leaders experienced more modest paces of growth.

In 2020, the global average yield of hops amounted to X tonnes per ha, remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2014 when the yield increased by X% y-o-y. The global yield peaked in 2020 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global hop harvested area rose to X ha in 2020, picking up by X% against 2019. The harvested area increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to hop production attained the peak figure at X ha in 2018; however, from 2019 to 2020, the harvested area failed to regain the momentum.

Production by Country

The countries with the highest volumes of hop production in 2020 were the U.S. (X tonnes), Germany (X tonnes) and Ethiopia (X tonnes), with a combined X% share of global production.

From 2007 to 2020, the most notable rate of growth in terms of hop production, amongst the leading producing countries, was attained by the U.S., while hop production for the other global leaders experienced more modest paces of growth.

Hop Exports

Exports

For the seventh consecutive year, the global market recorded growth in shipments abroad of hops, which increased by X% to X tonnes in 2020. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. from 2009 to 2020, the growth of global exports failed to regain the momentum.

In value terms, hop exports totaled $X in 2020. Overall, exports saw moderate 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, global exports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

Exports by Country

In 2020, Germany (X tonnes) represented the largest exporter of hops, mixing up X% of total exports. The U.S. (X tonnes) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%). Slovenia (X tonnes), Poland (X tonnes), the UK (X tonnes), Australia (X tonnes), Bulgaria (X tonnes) and New Zealand (X tonnes) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2020. at the same time, Australia (+X%), New Zealand (+X%), Bulgaria (+X%), the U.S. (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. Slovenia and the UK experienced a relatively flat trend pattern. by contrast, Poland (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Germany (+X p.p.) and Australia (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of Poland (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the U.S. ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of global exports. These countries were followed by New Zealand, the UK, Australia, Slovenia, Poland and Bulgaria, which together accounted for a further X terms of the main exporting countries, New Zealand saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average hop export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Global export price peaked in 2020 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($X per tonne), while Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the other global leaders experienced more modest paces of growth.

Hop Imports

Imports

In 2020, overseas purchases of hops increased by X% to X tonnes, rising for the eighth year in a row after four years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Global imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, hop imports expanded notably to $X in 2020. in general, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Global imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Germany (X tonnes), followed by the U.S. (X tonnes), Japan (X tonnes), China (X tonnes), Russia (X tonnes), Italy (X tonnes), the UK (X tonnes) and Canada (X tonnes) were the major importers of hops, together committing X% of total imports. The following importers - Brazil (X tonnes), the Czech Republic (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes) and Australia (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in the Netherlands, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and the UK ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of global imports. These countries were followed by Japan, Canada, China, Russia, Brazil, Belgium, the Netherlands, Australia, the Czech Republic and Italy, which together accounted for a further X Netherlands saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average hop import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

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), together accounting for 67% of global consumption. These countries were followed by China, Japan, the Czech Republic, Russia, Italy and Poland, which together accounted for a further 16%.
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 81% share of global production.
What are the leading suppliers of hops in the world?
+
In value terms, the largest hop supplying countries worldwide were Germany ($297M), the U.S. ($217M) and the Czech Republic ($59M), together comprising 80% of global exports. New Zealand, the UK, Australia, Slovenia, Poland and Bulgaria lagged somewhat behind, together accounting for a further 16%.
What are the leading importers of hops in the world?
+
In value terms, the largest hop importing markets worldwide were Germany ($79M), the U.S. ($77M) and the UK ($51M), together accounting for 29% of global imports. Japan, Canada, China, Russia, Brazil, Belgium, the Netherlands, Australia, the Czech Republic and Italy lagged somewhat behind, together comprising a further 43%.
What is the average export price for hops in the world?
+
In 2020, the average hop export price amounted to $13,089 per tonne, with an increase of 3.4% against the previous year.
What is the average import price for hops in the world?
+
The average hop import price stood at $12,973 per tonne in 2020, rising by 6.4% against the previous year.

Product coverage:
• FCL 677 - Hops

This report provides an in-depth analysis of the global hop market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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