U.S. - Hops - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2025

U.S. - Hops - Market Analysis, Forecast, Size, Trends and Insights

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Hop Prices in the United States

U.S. Hop Export Price per Ton in July 2022

In July 2022, the hop price per ton stood at $21.3K (FOB, US), rising by 26% against the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +1.9%. The export price peaked at $22.3K per ton in March 2022; however, from April 2022 to July 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($28.7K per ton), while the average price for exports to Australia ($13.0K per ton) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Hop Export Prices by Type

Average prices varied noticeably for the major types of exported product. In July 2022, the product with the highest price was hop cones; ground, powdered or in the form of pellets; lupulin ($21.3K per ton), while the average price for exports of hop cones; neither ground nor powdered nor in the form of pellets totaled $19.0K per ton.

From January 2022 to July 2022, 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 (+3.7%).

U.S. Hop Exports

In July 2022, hop exports from the United States fell significantly to 846 tons, declining by -35.6% compared with the month before. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in March 2022 with an increase of 77% month-to-month. As a result, the exports attained the peak of 2.5K tons. From April 2022 to July 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hop exports declined significantly to $18M (IndexBox estimates) in July 2022. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in March 2022 with an increase of 96% m-o-m. As a result, the exports attained the peak of $56M. From April 2022 to July 2022, the growth of the exports remained at a lower figure.

U.S. Hop Exports by Type

Hop cones; ground, powdered or in the form of pellets; lupulin (839 tons) was the largest type of hop exported from the United States, with a 99% share of total exports. It was followed by hop cones; neither ground nor powdered nor in the form of pellets (6.7 tons), with a 0.8% share of total exports.

From January 2022 to July 2022, the average monthly rate of growth in terms of the volume of export of hop cones; ground, powdered or in the form of pellets; lupulin totaled -7.0%.

In value terms, hop cones; ground, powdered or in the form of pellets; lupulin ($18M) remains the largest type of hop exported from the United States, 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 ($127K), with a 0.7% share of total exports.

From January 2022 to July 2022, the average monthly rate of growth in terms of the export volume of hop cones; ground, powdered or in the form of pellets; lupulin totaled -5.9%.

U.S. Hop Exports by Country

Belgium (158 tons), Canada (147 tons) and Germany (89 tons) were the main destinations of hop exports from the United States, with a combined 47% share of total exports. These countries were followed by the UK, Brazil, Argentina, Australia and Japan, which together accounted for a further 36%.

From January 2022 to July 2022, the biggest increases were in Japan (with a CAGR of +43.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($4.5M), Canada ($2.6M) and Germany ($2.4M) were the largest markets for hop exported from the United States worldwide, together comprising 53% of total exports. the UK, Argentina, Brazil, Australia and Japan lagged somewhat behind, together comprising a further 33%.

Japan, with a CAGR of +27.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 the U.S.. 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 States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024
Store
Blog
Event
U.S. Hop Export Increases Slightly to 1K Tons in November 2022
Feb 7, 2023
Eye 710

In November 2022, the hop price stood at $19.3 per kg (FOB, US), surging by 8.8% against the previous month.

Hop Price in U.S. Soars 26% to $21,295 per Ton
Oct 6, 2022
Eye 1402

In July 2022, the hop price per ton stood at $21,295, surging by 26% against the previous month.

Which Country Consumes the Most Hops in the World?
Feb 9, 2018
Eye 1613

Global hop consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Produces the Most Hops in the World?
Oct 27, 2017
Eye 7722

In 2015, the countries with the highest levels of hop production were Ethiopia (X thousand tons), Germany (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.

Hop Market - Germany Remains the Global Leader in Hop Exports
Sep 23, 2015
Eye 2776

Germany seized control of the hop market. In 2014, Germany exported X thousand tons of hop totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total hop exports in value terms,

U.S. Hop Export Increases Slightly to 1K Tons in November 2022
Feb 7, 2023
Eye 710

In November 2022, the hop price stood at $19.3 per kg (FOB, US), surging by 8.8% against the previous month.

Hop Price in U.S. Soars 26% to $21,295 per Ton
Oct 6, 2022
Eye 1402

In July 2022, the hop price per ton stood at $21,295, surging by 26% against the previous month.

Which Country Consumes the Most Hops in the World?
Feb 9, 2018
Eye 1613

Global hop consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Produces the Most Hops in the World?
Oct 27, 2017
Eye 7722

In 2015, the countries with the highest levels of hop production were Ethiopia (X thousand tons), Germany (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.

Hop Market - Germany Remains the Global Leader in Hop Exports
Sep 23, 2015
Eye 2776

Germany seized control of the hop market. In 2014, Germany exported X thousand tons of hop totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total hop exports in value terms,

Free Data: Hops - United States