Hop Market - Germany Remains the Global Leader in Hop Exports Beverage Crops September 23, 2015
Author: Alexander Romanenko
Chief Executive Officer

hop market

Germany seized control of the global hop market. In 2014, Germany exported 18 thousand tonnes of hop totaling 186 million USD, 6% over the previous year. Its primary trading partner was the U.S., where it supplied 14% of its total hop exports in value terms, accounting for 68% of the U.S. total imports.

Overall, the global hop trade dropped to 377 million USD, with a CAGR of -1% from 2007 to 2014. In physical terms, the volume of trade was the same as in 2007, accounting for 41 thousand.

In 2014, Germany (11%), the U.S. (10%), Japan (9%), the United Kingdom (9%) and China (8%) were the leading destinations of hop imports, together making up 47% of global imports. The share of Brazil increased (+4 percentage points), while the share of the Russian Federation illustrated negative dynamics (-3 percentage points).

The U.S. and the Czech Republic were among the other main global suppliers of hops in 2014 with a combined share of 33% of global exports. However, the fastest growing exporters from 2007 to 2014 were Lithuania (+88% per year) and Australia (+27% per year). The U.S. strengthened its position in the global export structure, from 14% in 2007 to 21% in 2014.

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  • hop market share
  • hop prices
  • hop industry
  • hop sales
  • hop market forecast
  • hop price forecast
  • key hop producers

Source: World: Hops - Market Report. Analysis And Forecast To 2020