Hungary: Hop Market 2025

Hop Market Size in Hungary

The Hungarian hop market expanded to $X in 2022, growing by 2.8% against the previous year. Overall, consumption showed a resilient increase. Hop consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Hop Production in Hungary

In value terms, hop production totaled $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with a decrease of 99.9%. Hop production peaked in 2022 and is expected to retain growth in the near future.

In 2022, the average yield of hops in Hungary totaled less than X kg per ha, approximately equating the year before. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The hop harvested area in Hungary totaled less than X ha in 2022, remaining constant against 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Hop Exports

Exports from Hungary

In 2022, shipments abroad of hops decreased by -48.6% to X kg, falling for the fourth consecutive year after two years of growth. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 326% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, hop exports fell rapidly to $X in 2022. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2017 with an increase of 158% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X kg) was the main destination for hop exports from Hungary, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania amounted to +26.3%.

In value terms, Romania ($X) emerged as the key foreign market for hops exports from Hungary.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania stood at +24.4%.

Export Prices by Country

The average hop export price stood at $X per ton in 2022, shrinking by -71.1% against the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 87% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +16.0% per year.

Hop Imports

Imports into Hungary

In 2022, the amount of hops imported into Hungary reached X tons, growing by 7.6% compared with the year before. Over the period under review, imports saw strong growth. The growth pace was the most rapid in 2014 with an increase of 159%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, hop imports stood at $X in 2022. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 when imports increased by 55% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest hop supplier to Hungary, with a 76% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The United States (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+22.2% per year) and the United States (+34.8% per year).

In value terms, Germany ($X) constituted the largest supplier of hops to Hungary, comprising 69% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports. It was followed by Slovenia, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+20.8% per year) and Slovenia (+57.6% per year).

Import Prices by Country

The average hop import price stood at $X per ton in 2022, with a decrease of -4.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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