Switzerland: Hop Market 2024

Hop Market Size in Switzerland

For the ninth year in a row, the Swiss hop market recorded growth in sales value, which increased by 6.3% to $X in 2022. In general, consumption showed a strong expansion. Hop consumption peaked in 2022 and is expected to retain growth in the near future.

Hop Production in Switzerland

In value terms, hop production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 25%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average hop yield in Switzerland was estimated at X tons per ha, picking up by 5.3% against the year before. Overall, the yield, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 45%. Over the period under review, the average hop yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat 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 Switzerland stood at X ha, remaining relatively unchanged against 2021. The harvested area increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the harvested area increased by 12% against the previous year. The hop harvested area peaked in 2022 and is likely to see steady growth in the immediate term.

Hop Exports

Exports from Switzerland

In 2022, the amount of hops exported from Switzerland amounted to X tons, approximately equating 2021 figures. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 40% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hop exports shrank to $X in 2022. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for hop exports from Switzerland, with a approx. 51% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to -12.2%.

In value terms, Germany ($X) also remains the key foreign market for hops exports from Switzerland.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -11.9%.

Export Prices by Country

In 2022, the average hop export price amounted to $X per ton, falling by -1.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 41% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.3% per year.

Hop Imports

Imports into Switzerland

In 2022, the amount of hops imported into Switzerland surged to X tons, growing by 19% compared with the previous year's figure. In general, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 33%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, hop imports rose modestly to $X in 2022. Over the period under review, imports showed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest hop supplier to Switzerland, with a 76% share of total imports. Moreover, hop imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +5.7%.

In value terms, Germany ($X) constituted the largest supplier of hops to Switzerland, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +10.4%.

Import Prices by Country

In 2022, the average hop import price amounted to $X per ton, waning by -13.8% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 2013 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%).

Source: IndexBox Platform

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