Global Hop Market 2025

Hop Market Size

The global hop market amounted to $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.5% against 2019 indices. Over the period under review, the global market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Hop Production

In value terms, hop production reached $X in 2022 estimated in export price. Overall, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 28%. Over the period under review, global production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were the United States (X tons), Germany (X tons) and Ethiopia (X tons), with a combined 76% share of global production. France, China, the Czech Republic and Poland lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by France (with a CAGR of +27.2%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average hop yield amounted to X tons per ha, with an increase of 3.7% compared with 2021 figures. The yield figure increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the yield increased by 9.2%. Over the period under review, the average hop yield attained the peak level in 2022 and is likely to see steady growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global hop harvested area contracted to X ha, stabilizing at 2021. The harvested area increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the global hop harvested area remained at a somewhat lower figure.

Hop Exports

Exports

Global hop exports expanded rapidly to X tons in 2022, increasing by 15% against 2021 figures. Overall, total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.9% against 2013 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 16% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, hop exports totaled $X in 2022. In general, exports saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of 27%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Germany (X tons), distantly followed by the United States (X tons), France (X tons) and the Czech Republic (X tons) were the key exporters of hops, together committing 80% of total exports. The following exporters - Poland (X tons), Belgium (X tons) and Slovenia (X tons) - each recorded an 8% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +38.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 80% of global exports. Belgium, Slovenia, Poland and France lagged somewhat behind, together comprising a further 10%.

Among the main exporting countries, Belgium, with a CAGR of +27.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average hop export price stood at $X per ton in 2022, falling by -12% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the other global leaders experienced more modest paces of growth.

Hop Imports

Imports

In 2022, the amount of hops imported worldwide rose sharply to X tons, increasing by 12% against the previous year. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.4% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Over the period under review, global imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, hop imports expanded notably to $X in 2022. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 22%. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), followed by Italy (X tons), the UK (X tons), the United States (X tons), China (X tons), Japan (X tons) and Russia (X tons) represented the largest importers of hops, together creating 57% of total imports. Brazil (X tons), Belgium (X tons), Canada (X tons), Australia (X tons), Vietnam (X tons) and Poland (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Australia (with a CAGR of +19.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest hop importing markets worldwide were Germany ($X), the UK ($X) and the United States ($X), with a combined 31% share of global imports. Belgium, China, Canada, Japan, Russia, Brazil, Australia, Vietnam, Italy and Poland lagged somewhat behind, together accounting for a further 42%.

Australia, with a CAGR of +27.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hop import price amounted to $X per ton, shrinking by -5.4% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 15%. 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 destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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