United Kingdom - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Import in UK Dives to $78 Million in 2023
United Kingdom Hop Imports
In 2023, approx. 4.3K tons of hops were imported into the UK; waning by -19.5% compared with the year before. Over the period under review, total imports indicated a pronounced increase from 2013 to 2023: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +60.5% against 2021 indices. The most prominent rate of growth was recorded in 2022 with an increase of 99%. As a result, imports reached the peak of 5.4K tons, and then contracted significantly in the following year.
In value terms, hop imports fell to $78M (IndexBox estimates) in 2023. In general, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2022 with an increase of 95% against the previous year. As a result, imports reached the peak of $92M, and then fell in the following year.
| COUNTRY | Import Value of Hop in United Kingdom (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 9.6 | 14.4 | 20.0 | 29.0 | 42.8 | 27.3 | 32.3 | 28.3 | 27.6 | 66.9 | 55.1 |
| Germany | 4.6 | 4.7 | 9.4 | 13.3 | 10.1 | 9.9 | 11.2 | 10.3 | 11.7 | 9.4 | 9.6 |
| Canada | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.8 | 3.9 |
| Australia | 0.8 | 1.4 | 1.6 | 1.0 | 1.8 | N/A | 2.5 | 2.2 | 0.4 | 3.0 | 3.3 |
| New Zealand | 1.2 | 1.5 | 1.4 | 2.7 | 1.6 | 3.1 | 3.1 | 5.0 | 4.8 | 2.3 | 1.6 |
| Czech Republic | 0.4 | 1.1 | 1.2 | 1.6 | 1.0 | 0.6 | 0.8 | 0.8 | 1.2 | 2.6 | 1.5 |
| Slovenia | 3.2 | 3.1 | 2.8 | 2.8 | 2.1 | 2.2 | 2.1 | 2.0 | 0.7 | 1.2 | 1.3 |
| France | 2.1 | 4.7 | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 | 0.7 | N/A | 0.7 | 0.5 |
| Others | 1.9 | 2.1 | 1.8 | 1.2 | 1.5 | 1.9 | 2.9 | 2.0 | 0.7 | 1.8 | 1.6 |
| Total | 23.8 | 33.0 | 39.0 | 52.0 | 61.6 | 45.7 | 55.5 | 51.3 | 47.0 | 91.8 | 78.3 |
Imports by Country
In 2023, the United States (2.5K tons) constituted the largest supplier of hop to the UK, accounting for a 58% share of total imports. Moreover, hop imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (920 tons), threefold. Canada (226 tons) ranked third in terms of total imports with a 5.2% share.
From 2013 to 2023, the average annual growth rate of volume from the United States stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.7% per year) and Canada (+154.7% per year).
In value terms, the United States ($55M) constituted the largest supplier of hops to the UK, comprising 70% of total imports. The second position in the ranking was held by Germany ($9.6M), with a 12% share of total imports. It was followed by Canada, with a 4.9% share.
From 2013 to 2023, the average annual growth rate of value from the United States stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.7% per year) and Canada (+139.2% per year).
Imports by Type
In 2023, hop cones; ground, powdered or in the form of pellets; lupulin (3.3K tons) constituted the largest type of hops supplied to the UK, with a 77% share of total imports. Moreover, hop cones; ground, powdered or in the form of pellets; lupulin exceeded the figures recorded for the second-largest type, hop cones; neither ground nor powdered nor in the form of pellets (1K tons), threefold.
From 2013 to 2023, the average annual growth rate of the volume of hop cones; ground, powdered or in the form of pellets; lupulin imports totaled +10.4%.
In value terms, hop cones; ground, powdered or in the form of pellets; lupulin ($66M) constituted the largest type of hops supplied to the UK, comprising 84% of total imports. The second position in the ranking was held by hop cones; neither ground nor powdered nor in the form of pellets ($12M), with a 16% share of total imports.
Import Prices by Country
In 2023, the hop price amounted to $18,068 per ton (CIF, United Kingdom), growing by 6.1% against the previous year. Overall, import price indicated a buoyant expansion from 2013 to 2023: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, hop import price increased by +116.1% against 2013 indices. The most prominent rate of growth was recorded in 2014 an increase of 21% against the previous year. The import price peaked in 2023 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Australia ($29,333 per ton), while the price for Poland ($6,014 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the hop market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
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4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
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7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
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LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024
