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Germany - Hops - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Sep 9, 2023

Germany Sees a Slight Increase in Hop Price, Reaching $12.2 per kg Following Two Months of Consecutive Growth.

Germany Hop Export Price in May 2023

In May 2023, the hop price stood at $12,248 per ton (FOB, Germany), rising by 7.2% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 8.1% m-o-m. The export price peaked in May 2023.

There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was Japan ($15,998 per ton), while the average price for exports to Italy ($2,680 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Germany Hop Export Prices By Country (USD Per Ton)

COUNTRY	Export Price of Hop in Germany (USD per ton)
COUNTRY	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023
Japan	7,743	9,716	8,356	8,126	7,945	8,872	10,182	9,092	10,922	8,187	9,364	9,505	15,998
Brazil	13,155	13,498	8,579	13,047	14,145	11,633	14,937	10,525	13,708	10,408	12,827	16,412	15,093
Russia	9,830	9,244	9,184	9,613	9,176	10,764	10,826	10,246	10,719	11,486	10,081	13,241	13,303
United Kingdom	9,202	6,952	7,568	6,555	7,030	6,429	8,372	10,266	10,970	10,099	11,682	11,431	12,291
Poland	12,169	9,916	9,037	8,014	8,147	12,662	16,247	10,840	12,710	10,152	19,005	8,807	10,428
Italy	5,247	1,658	9,547	22,029	19,102	17,766	2,766	3,372	4,592	2,115	3,200	2,450	2,680
Mexico	8,898	9,066	11,211	8,715	8,189	7,028	7,141	N/A	8,666	8,556	8,435	N/A	N/A
Average	11,324	10,028	10,757	11,000	10,589	10,332	10,735	10,883	10,808	11,686	11,374	11,428	12,248

Germany Hop Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was hop cones; neither ground nor powdered nor in the form of pellets ($18,664 per ton), while the average price for exports of hop cones; ground, powdered or in the form of pellets; lupulin amounted to $12,226 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: hop cones; neither ground nor powdered nor in the form of pellets (+5.8%).

Germany Hop Exports

In May 2023, the amount of hops exported from Germany fell remarkably to 1.7K tons, shrinking by -18.5% against April 2023 figures. Overall, exports saw a slight reduction. The growth pace was the most rapid in March 2023 with an increase of 44% m-o-m. As a result, the exports attained the peak of 2.8K tons. From April 2023 to May 2023, the growth of the exports failed to regain momentum.

In value terms, hop exports dropped to $20M (IndexBox estimates) in May 2023. Over the period under review, exports showed a slight decrease. The pace of growth was the most pronounced in November 2022 with an increase of 46% against the previous month.

Germany Hop Exports by Type

Hop cones; ground, powdered or in the form of pellets; lupulin (1.7K tons) was the largest type of hop exported from Germany, with a 100% share of total exports. It was followed by hop cones; neither ground nor powdered nor in the form of pellets (5.7 tons), with a 0.3% share of total exports.

From May 2022 to May 2023, the average monthly growth rate of the volume of export of hop cones; ground, powdered or in the form of pellets; lupulin stood at -1.5%.

In value terms, hop cones; ground, powdered or in the form of pellets; lupulin ($20M) remains the largest type of hop exported from Germany, comprising 99% of total exports. The second position in the ranking was taken by hop cones; neither ground nor powdered nor in the form of pellets ($107K), with a 0.5% share of total exports.

From May 2022 to May 2023, the average monthly growth rate of the export volume of hop cones; ground, powdered or in the form of pellets; lupulin was relatively modest.

Germany Hop Exports by Country

China (316 tons), Russia (162 tons) and Italy (134 tons) were the main destinations of hop exports from Germany, together accounting for 37% of total exports.

From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +16.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hop exported from Germany were China ($3.2M), Russia ($2.2M) and Brazil ($1.4M), with a combined 33% share of total exports.

Among the main countries of destination, China, with a CAGR of +17.0%, saw 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hop market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 677 - Hops

Country coverage:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023

Germany - Hops - Market Analysis, Forecast, Size, Trends and Insights

Germany Sees a Slight Increase in Hop Price, Reaching $12.2 per kg Following Two Months of Consecutive Growth.

Germany Hop Export Price in May 2023

Germany Hop Export Prices by Type

Germany Hop Exports

Germany Hop Exports by Type

Germany Hop Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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