China - Hops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHop Prices in China
China Hop Import Price in September 2022
In September 2022, the hop price amounted to $8,683 per ton (CIF, China), with a decrease of -20.3% against the previous month. Overall, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in June 2022 an increase of 44% month-to-month. As a result, import price reached the peak level of $15,535 per ton. From July 2022 to September 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the United States ($24.9 per kg), while the price for Germany ($8,390 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced a decline.
China Hop Import 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 ($46.1 per kg), while the price for hop cones; ground, powdered or in the form of pellets; lupulin amounted to $8,681 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by hop cones; neither ground nor powdered nor in the form of pellets (+23.2%).
China Hop Imports
In September 2022, approximately 341 tons of hops were imported into China; jumping by 137% compared with the month before. Overall, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports attained the maximum at 777 tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, hop imports surged to $3M (IndexBox estimates) in September 2022. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in August 2022 when imports increased by 108% m-o-m. Imports peaked at 9K tons in January 2022; however, from February 2022 to September 2022, imports remained at a lower figure.
China Hop Imports by Type
In September 2022, hop cones; ground, powdered or in the form of pellets; lupulin (341 tons) was the main type of hop supplied to China, with a 99.9% share of total imports. It was followed by hop cones; neither ground nor powdered nor in the form of pellets (16 kg), with less than 0.1% share of total imports.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of hop cones; ground, powdered or in the form of pellets; lupulin amounted to -9.8%.
In value terms, hop cones; ground, powdered or in the form of pellets; lupulin ($3M) constituted the largest type of hop supplied to China, comprising 99.9% of total imports. The second position in the ranking was taken by hop cones; neither ground nor powdered nor in the form of pellets ($737), with less than 0.1% share of total imports.
China Hop Imports by Country
In September 2022, Germany (317 tons) was the main hop supplier to China, accounting for a 93% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (22 tons), more than tenfold.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Germany amounted to -2.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Czech Republic (-27.3% per month) and the United States (-35.7% per month).
In value terms, Germany ($2.7M) constituted the largest supplier of hop to China, comprising 90% of total imports. The second position in the ranking was taken by the Czech Republic ($232K), with a 7.8% share of total imports.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from Germany amounted to -5.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Czech Republic (-28.6% per month) and the United States (-30.2% per month).
This report provides an in-depth analysis of the hop market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 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 Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- 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 Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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