World - Hops - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2025

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

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Hop market

Hop market: get recently published data featured by an Ai-driven business intelligence tool. Datasets contain exports, companies, trade, imports, consumption, market prices, market size, and production. Here is a breakdown by country, including the U.S., EU, the Middle East, Russia, China, Africa, Latin America, and the U.K. Market dynamics and forecast to 2030 are also featured in the dashboards.

Hop - World's Largest Markets

RatingCountry
1United States
2Ethiopia
3Germany
4Japan
5China

In value terms, the largest hop markets worldwide were the United States, Ethiopia and Germany, with a combined 68% share of the global market.

Among the main consuming countries, Germany recorded the highest growth rate of market size, over the period under review, while hop market for the other global leaders experienced more modest paces of growth.

Hop Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Bulgaria370933902960-10.7%
Poland629658446264-0.3%
Germany1111811187112950.8%
Slovenia1035910627115145.4%
Czech Republic125001149512327-0.7%
United Kingdom143751522013831-1.9%
United States1681717244171731.1%
Australia1716118302186074.1%
New Zealand2218924314241394.3%
Belgium21950207762745011.8%
Average1243212584132323.2%

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($27,450 per ton), while Bulgaria ($2,960 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Belgium12911126612094227.4%
Australia206982073019463-3.0%
Canada170681561016994-0.2%
Argentina1438616646163736.7%
United Kingdom1469714533151291.5%
United States1274814994150918.8%
Brazil1272114579139404.7%
Russia121451179011813-1.4%
Japan117911131811253-2.3%
Czech Republic123581214911111-5.2%
Germany98209587105453.6%
China103041023310085-1.1%
Italy27482846368615.8%
Average1198812173133295.4%

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($20,942 per ton), while Italy ($3,686 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Hop - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Germany46648736.7%
United States63717710.4%
Belgium18226588.6%
United Kingdom5054532.7%
Canada42485110.4%

In value terms, Germany ($87M), the United States ($77M) and Belgium ($65M) were the countries with the highest levels of imports in 2020, with a combined 31% share of global imports.

Among the main importing countries, Belgium (+88.6% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Hop - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Germany293285287-1.0%
United States1922112176.5%
Czech Republic5749591.8%
Belgium6.78.257191.6%
New Zealand15222733.8%

In value terms, Germany ($287M), the United States ($217M) and the Czech Republic ($59M) were the countries with the highest levels of exports in 2020, together accounting for 75% of global exports. These countries were followed by Belgium, New Zealand, Australia, Slovenia, the UK, Poland and Bulgaria, which together accounted for a further 22%.

In terms of the main exporting countries, Belgium (+191.6% per year) recorded 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.

Hop - Market Forecast

Driven by increasing demand for hop worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Hop - Top Companies

The Climate Corporation International SA, GLENCORE LAND (AUSTRALIA) PTY LTD, Hainan Huanhaicheng Trading Co., Ltd., Luohe Jintudi Agriculture Development Co., Ltd., Qinghai Liansheng Grassland Ecology Development Co., Ltd., Clay Farms, CORPORACION ALIMENTARIA GUISSONA, SOCIEDAD ANONIMA, Xiaoyi Lvmuchang Agriculture & Animal Husbandry Co., Ltd., Luochuan County Angliqi Trading Co., Ltd., PEANUT COMPANY OF AUSTRALIA LIMITED, Yudalong Agriculture Park (Zengcheng) Co., Ltd., Liuhe County Shiquan Farmer Plantation Specialty Cooperative, Jingle County Xinxuan Plantation Specialty Cooperative, Suzhou Yongqiao District Dadian Zifang Plantation Family Farm, INTIMEX GROUP JOINT STOCK COMPANY, Jiayu County Jigeng Team Family Farm, GRIEKWALAND WES KORPORATIEF LTD, NEW BRITAIN PALM OIL LIMITED, Castrolanda - Cooperativa Agroindustrial Ltda., Datong Xianxiangqing Agriculture Plantation Specialty Cooperative

Hop - Product Coverage

  • HS 1210 - Hop cones, fresh or dried, whether or not ground, powdered or in the form of pellets; lupulin

Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 677 - Hops

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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 Export

    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 VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. HARVESTED AREA AND YIELD BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption, by Country, 2022–2024
    5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Harvested Area, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    9. Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    10. Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    11. Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    12. Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    13. Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
  13. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Consumption, by Country, 2024
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, by Product
    7. Average Per Capita Consumption, by Product
    8. Exports and Growth, by Product
    9. Export Prices and Growth, by Product
    10. Production Volume and Growth
    11. Yield and Growth
    12. Exports and Growth
    13. Export Prices and Growth
    14. Market Size and Growth
    15. Per Capita Consumption
    16. Imports and Growth
    17. Import Prices
    18. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    19. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    20. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    21. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Harvested Area, by Country, 2024
    24. Harvested Area, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    36. Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    37. Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
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