Ireland: Hop Market 2025

Hop Market Size in Ireland

The Irish hop market surged to $X in 2022, growing by 390% against the previous year. In general, consumption saw a remarkable increase. Hop consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Hop Production in Ireland

In value terms, hop production reduced slightly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of 108%. Hop production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

In 2022, the average yield of hops in Ireland amounted to X kg per ha, standing approx. at 2021. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 10% against the previous year. The hop 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 Ireland was estimated at X ha, standing approx. at the year before. The harvested area increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 12%. Over the period under review, the harvested area dedicated to hop production reached the maximum in 2022 and is expected to retain growth in years to come.

Hop Exports

Exports from Ireland

In 2022, approx. X tons of hops were exported from Ireland; rising by 113% against the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 829% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, hop exports shrank markedly to $X in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,877%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

The UK (X tons) was the main destination for hop exports from Ireland, with a 99% share of total exports. It was followed by Germany (X kg), with a 0.7% share of total exports.

From 2018 to 2022, the average annual growth rate of volume to the UK amounted to +264.3%.

In value terms, the UK ($X) emerged as the key foreign market for hops exports from Ireland, comprising 99% of total exports. The second position in the ranking was held by Germany ($X), with a 0.6% share of total exports.

From 2018 to 2022, the average annual growth rate of value to the UK stood at +257.3%.

Export Prices by Country

The average hop export price stood at $X per ton in 2022, falling by -67.8% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 213% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted notably in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+267.3%), while the prices for the other major destinations experienced a decline.

Hop Imports

Imports into Ireland

In 2022, approx. X tons of hops were imported into Ireland; stabilizing at the year before. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 80% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, hop imports amounted to $X in 2022. Overall, imports posted buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 98% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Belgium (X tons) and the UK (X tons) were the main suppliers of hop imports to Ireland, together comprising 88% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hop suppliers to Ireland were the United States ($X), Belgium ($X) and the UK ($X), together comprising 94% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +48.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hop import price stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :