Italy: Hop Market 2025

Hop Market Size in Italy

In 2022, the Italian hop market increased by 58% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw a resilient expansion. Hop consumption peaked in 2022 and is expected to retain growth in the near future.

Hop Production in Italy

In value terms, hop production expanded sharply to $X in 2022 estimated in export price. Overall, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of hops in Italy was estimated at X tons per ha in 2022, remaining relatively unchanged against 2021. In general, the yield posted slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 5%. The hop yield peaked in 2022 and is likely to see gradual growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the hop harvested area in Italy totaled X ha, remaining constant against the previous year. Overall, the harvested area continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 33%. The hop harvested area peaked in 2022 and is likely to see gradual growth in the immediate term.

Hop Exports

Exports from Italy

Hop exports from Italy reduced dramatically to X tons in 2022, dropping by -32.2% on the previous year. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 226%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, hop exports contracted dramatically to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 223%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Slovenia (X tons) and Croatia (X tons) were the main destinations of hop exports from Italy, together comprising 54% of total exports. Greece, Switzerland, Spain, Brazil, Malta, Hungary, Austria, Denmark, Cyprus and Portugal lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +64.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Slovenia ($X) and Croatia ($X) constituted the largest markets for hop exported from Italy worldwide, with a combined 53% share of total exports. Greece, Switzerland, Spain, Malta, Austria, Denmark, Hungary, Cyprus, Portugal and Brazil lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Denmark, with a CAGR of +51.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hop export price stood at $X per ton in 2022, declining by -4.7% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 65%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Brazil ($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 Brazil (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hop Imports

Imports into Italy

In 2022, supplies from abroad of hops was finally on the rise to reach X tons after two years of decline. Overall, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 133% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, hop imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 47%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) was the main supplier of hop to Italy, accounting for a 92% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+10.7% per year) and the Czech Republic (+34.2% per year).

In value terms, the largest hop suppliers to Italy were Germany ($X), Belgium ($X) and the Czech Republic ($X), with a combined 86% share of total imports.

The Czech Republic, with a CAGR of +22.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, shrinking by -31.4% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 61% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Germany ($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 (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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