Belgium: Hop Market 2025

Hop Market Size in Belgium

In 2022, the Belgian hop market decreased by -9.7% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption, however, continues to indicate a measured increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Hop Production in Belgium

In value terms, hop production reached $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 36% against the previous year. Hop production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of hops in Belgium contracted to X tons per ha in 2022, remaining stable against 2021 figures. Overall, the yield saw a pronounced slump. The most prominent rate of growth was recorded in 2017 with an increase of 0.3% against the previous year. Over the period under review, the average hop yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of hops production in Belgium amounted to X ha, standing approx. at 2021. The harvested area increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 10% against the previous year. The hop harvested area peaked in 2022 and is likely to continue growth in the immediate term.

Hop Exports

Exports from Belgium

Hop exports from Belgium rose modestly to X tons in 2022, increasing by 4.1% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 613%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hop exports reduced to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 700% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), Sweden (X tons) and Italy (X tons) were the main destinations of hop exports from Belgium, together accounting for 50% of total exports. Spain, Poland, the Netherlands, Ireland, Denmark, Germany and the UK lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +65.1%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for hops exports from Belgium, comprising 31% of total exports. The second position in the ranking was held by Sweden ($X), with a 9.9% share of total exports. It was followed by Italy, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +48.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+38.9% per year) and Italy (+10.3% per year).

Export Prices by Country

The average hop export price stood at $X per ton in 2022, reducing by -10% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hop export price increased by +12.4% against 2017 indices. The pace of growth was the most pronounced in 2016 an increase of 24%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hop Imports

Imports into Belgium

In 2022, supplies from abroad of hops decreased by -2.3% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 126%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, hop imports reduced slightly to $X in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 235%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of hop imports to Belgium, together accounting for 95% of total imports. France, Slovenia and the UK lagged somewhat behind, together accounting for a further 3.3%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of hops to Belgium, comprising 74% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by the Czech Republic, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.6% per year) and the Czech Republic (+13.1% per year).

Import Prices by Country

The average hop import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hop import price decreased by -2.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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