Benelux: Hop Market 2025

Hop Market Size in Benelux

In 2022, the Benelux hop market decreased by -0.4% to $X, falling for the second year in a row after two years of growth. Overall, consumption posted a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Hop Production in Benelux

In value terms, hop production expanded to $X in 2022 estimated in export price. The total production indicated tangible 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 pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Belgium (X tons) remains the largest hop producing country in Benelux, comprising approx. 99.9% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Belgium was relatively modest.

The average hop yield reduced to X tons per ha in 2022, remaining constant against the year before. In general, the yield recorded a perceptible setback. The pace of growth appeared the most rapid in 2019 when the yield increased by 4.5%. The level of yield peaked 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 Benelux totaled X ha, almost unchanged from the previous year's figure. 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 in certain years. The growth pace was the most rapid in 2017 when the harvested area increased by 10%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Hop Exports

Exports in Benelux

In 2022, hop exports in Benelux expanded significantly to X tons, surging by 6.3% compared with the year before. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 605% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, hop exports reduced to $X in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 693%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium dominates exports structure, recording X tons, which was near 97% of total exports in 2022. The Netherlands (X tons) took a minor share of total exports.

Exports from Belgium increased at an average annual rate of +22.5% from 2012 to 2022. At the same time, the Netherlands (+51.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +51.0% from 2012-2022. While the share of the Netherlands (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-3.1 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest hop supplier in Benelux, comprising 98% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium amounted to +27.4%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, dropping by -11.3% against the previous year. Export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the export price increased by 26% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%).

Hop Imports

Imports in Benelux

In 2022, the amount of hops imported in Benelux expanded markedly to X tons, with an increase of 5% against the previous year's figure. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 103% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, hop imports rose to $X in 2022. Overall, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 190% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium was the largest importing country with an import of around X tons, which amounted to 87% of total imports. It was distantly followed by the Netherlands (X tons), mixing up a 13% share of total imports.

Belgium was also the fastest-growing in terms of the hops imports, with a CAGR of +9.8% from 2012 to 2022. At the same time, the Netherlands (+4.4%) displayed positive paces of growth. While the share of Belgium (+6.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-6.8 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported hops in Benelux, comprising 81% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Belgium stood at +15.3%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, declining by -3.3% against the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 -9.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the import price increased by 43% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.1%).

Source: IndexBox Platform