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Germany - Hops - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Germany - Hops - Market Analysis, Forecast, Size, Trends and Insights

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Sep 9, 2023

Germany Sees a Slight Increase in Hop Price, Reaching $12.2 per kg Following Two Months of Consecutive Growth.

Germany Hop Export Price in May 2023

In May 2023, the hop price stood at $12,248 per ton (FOB, Germany), rising by 7.2% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 8.1% m-o-m. The export price peaked in May 2023.

There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Japan ($15,998 per ton), while the average price for exports to Italy ($2,680 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Germany Hop Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Hop in Germany (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Japan7,7439,7168,3568,1267,9458,87210,1829,09210,9228,1879,3649,50515,998
Brazil13,15513,4988,57913,04714,14511,63314,93710,52513,70810,40812,82716,41215,093
Russia9,8309,2449,1849,6139,17610,76410,82610,24610,71911,48610,08113,24113,303
United Kingdom9,2026,9527,5686,5557,0306,4298,37210,26610,97010,09911,68211,43112,291
Poland12,1699,9169,0378,0148,14712,66216,24710,84012,71010,15219,0058,80710,428
Italy5,2471,6589,54722,02919,10217,7662,7663,3724,5922,1153,2002,4502,680
Mexico8,8989,06611,2118,7158,1897,0287,141N/A8,6668,5568,435N/AN/A
Average11,32410,02810,75711,00010,58910,33210,73510,88310,80811,68611,37411,42812,248

Germany Hop Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was hop cones; neither ground nor powdered nor in the form of pellets ($18,664 per ton), while the average price for exports of hop cones; ground, powdered or in the form of pellets; lupulin amounted to $12,226 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: hop cones; neither ground nor powdered nor in the form of pellets (+5.8%).

Germany Hop Exports

In May 2023, the amount of hops exported from Germany fell remarkably to 1.7K tons, shrinking by -18.5% against April 2023 figures. Overall, exports saw a slight reduction. The growth pace was the most rapid in March 2023 with an increase of 44% m-o-m. As a result, the exports attained the peak of 2.8K tons. From April 2023 to May 2023, the growth of the exports failed to regain momentum.

In value terms, hop exports dropped to $20M (IndexBox estimates) in May 2023. Over the period under review, exports showed a slight decrease. The pace of growth was the most pronounced in November 2022 with an increase of 46% against the previous month.

Germany Hop Exports by Type

Hop cones; ground, powdered or in the form of pellets; lupulin (1.7K tons) was the largest type of hop exported from Germany, with a 100% share of total exports. It was followed by hop cones; neither ground nor powdered nor in the form of pellets (5.7 tons), with a 0.3% share of total exports.

From May 2022 to May 2023, the average monthly growth rate of the volume of export of hop cones; ground, powdered or in the form of pellets; lupulin stood at -1.5%.

In value terms, hop cones; ground, powdered or in the form of pellets; lupulin ($20M) remains the largest type of hop exported from Germany, comprising 99% of total exports. The second position in the ranking was taken by hop cones; neither ground nor powdered nor in the form of pellets ($107K), with a 0.5% share of total exports.

From May 2022 to May 2023, the average monthly growth rate of the export volume of hop cones; ground, powdered or in the form of pellets; lupulin was relatively modest.

Germany Hop Exports by Country

China (316 tons), Russia (162 tons) and Italy (134 tons) were the main destinations of hop exports from Germany, together accounting for 37% of total exports.

From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +16.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hop exported from Germany were China ($3.2M), Russia ($2.2M) and Brazil ($1.4M), with a combined 33% share of total exports.

Among the main countries of destination, China, with a CAGR of +17.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hop market in Germany. 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 2030.

Product coverage:

  • FCL 677 - Hops

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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