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Hops: top exporters and importers (2024)

In 2024, world trade in hops totaled $720 million (52 thousand tonnes). The top exporters were Germany (37%), the United States (33%) and Czechia (9%); the top importers were Germany (11%), Belgium (9%) and China (8%). Compared with 2019, the value rose 8%.

Summary

World trade
$720million
Tonnes
52thousand tonnes
Price per tonne
$13,829
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$266 million · 36.9%
  2. United States$235 million · 32.7%
  3. Czechia$65 million · 9%
  4. Australia$29 million · 4%
  5. Belgium$28 million · 3.9%
    re-exports
  6. New Zealand$27 million · 3.8%
  7. Slovenia$19 million · 2.6%
  8. Poland$12 million · 1.7%
  9. United Kingdom$8 million · 1.1%
  10. France$7 million · 0.98%
  11. South Africa$3 million · 0.46%
  12. Netherlands$3 million · 0.4%
    re-exports
  13. Bulgaria$2 million · 0.33%
  14. Hong Kong$2 million · 0.28%
    re-exports
  15. Italy$2 million · 0.27%
  16. Canada$2 million · 0.27%
  17. Austria$2 million · 0.22%
  18. Spain$1 million · 0.17%
  19. China$890 thousand · 0.12%
  20. Ukraine$862 thousand · 0.12%

World supply

Germany went from 45.6% to 36.9% of world exports of hops

In 2024, Germany accounted for 36.9% of recorded world exports and the three largest exporters together for 78.6%. HHI: 2,569 out of 10,000; equivalent to 4 exporters of the same size.

Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little

Trend in supply

Share of world exports of the largest exporter and of the three largest

Share (%)

  • Largest exporter each year 36.9%
  • Three largest 78.6%

Source: CEPII BACI

Show the numbers
Year19952024
Largest exporter each year45.6%36.9%
Three largest79.7%78.6%

Countries where Germany sells more than half of what they buy

Countries that buy more than half of this product from its largest exporter, with its share.

Top importers

  1. Germany$77 million · 10.7%
  2. Belgium$63 million · 8.7%
    re-exports
  3. China$58 million · 8.1%
  4. United States$53 million · 7.3%
  5. Japan$49 million · 6.8%
  6. Canada$42 million · 5.8%
  7. United Kingdom$41 million · 5.7%
  8. Russia$37 million · 5.1%
  9. Brazil$35 million · 4.9%
  10. Australia$19 million · 2.6%
  11. Mexico$17 million · 2.3%
  12. Thailand$14 million · 1.9%
  13. France$12 million · 1.7%
  14. Italy$11 million · 1.5%
  15. Czechia$10 million · 1.5%
  16. Sweden$9 million · 1.3%
  17. Spain$8 million · 1.2%
  18. Netherlands$8 million · 1.2%
    re-exports
  19. Argentina$8 million · 1.2%
  20. South Africa$8 million · 1.2%

Trend

Who sells it

Germany has been the top exporter since 2024

Value in USD millions. The five largest exporters in 2024.

  • Germany 266
  • United States 235
  • Czechia 65
  • Australia 28.8
  • Belgium 27.9

Source: CEPII BACI

Show the numbers
Country19952024
Germany177266
United States64.8235
Czechia67.365
Australia828.8
Belgium7.727.9

Price

Implied price

The price per tonne rose 109% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $13,829

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$6,628
1996$6,618
1997$5,706
1998$4,715
1999$4,732
2000$4,226
2001$4,790
2002$4,449
2003$4,969
2004$6,541
2005$6,024
2006$6,774
2007$9,340
2008$14,197
2009$10,777
2010$8,326
2011$7,008
2012$7,452
2013$8,532
2014$9,487
2015$8,482
2016$10,404
2017$10,945
2018$11,758
2019$11,890
2020$12,569
2021$13,896
2022$12,757
2023$13,171
2024$13,829

What it includes

  • 1210 · Hops

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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