Report Update Feb 1, 2025

Hungary - Hops - Market Analysis, Forecast, Size, Trends and Insights

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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

Frequently Asked Questions (FAQ) :

What are the largest markets for hops in the world?

The countries with the highest volumes of hop consumption in 2021 were Ethiopia, the United States and Germany, with a combined 65% share of global consumption. China, Japan, Russia, Brazil, the Czech Republic and Poland lagged somewhat behind, together accounting for a further 17%.

What are the largest producers of hops in the world?

The countries with the highest volumes of hop production in 2021 were the United States, Germany and Ethiopia, with a combined 79% share of global production. These countries were followed by China, the Czech Republic, Poland and Slovenia, which together accounted for a further 12%.

What are the leading suppliers of hops to Hungary?

In value terms, Germany constituted the largest supplier of hop to Hungary, comprising 74% of total imports. The second position in the ranking was occupied by Belgium, with an 11% share of total imports. It was followed by the Czech Republic, with a 5% share.

What is the average export price for hops in Hungary?

The average hop export price stood at $16,985 per ton in 2021, with an increase of 77% against the previous year.

What is the average import price for hops in Hungary?

In 2021, the average hop import price amounted to $26,432 per ton, jumping by 37% against the previous year.

This report provides an in-depth analysis of the hop market in Hungary. 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:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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