In 2023, Germany dominates the European hops production market, accounting for the majority of the value, followed by the Czech Republic and the United Kingdom. Over the past two years, Germany and Poland have shown significant growth with positive year-on-year variations, while Slovenia and Slovakia have faced declines. The five-year CAGR indicates steady growth in Germany and Poland, while other countries like Switzerland and the Czech Republic also show promising trends.
Future trends to watch include continued leadership by Germany, possible expansion in Poland due to strong growth signals, and fluctuation in smaller markets like Switzerland and Bulgaria. Monitoring environmental factors and innovations in cultivation will be crucial for market dynamics.
Top countries in Hops Production Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 68.86 | 2023 | +3.89% | +3.62% | View data |
| 2 | 2 Czech Republic | 15.79 | 2023 | +28.11% | +4.96% | View data |
| 3 | 3 United Kingdom | 4.47 | 2023 | +3.44% | +4.57% | View data |
| 4 | 4 Slovenia | 3.92 | 2023 | 0% | -5.62% | View data |
| 5 | 5 Poland | 2.99 | 2023 | +26.12% | +5.49% | View data |
| 6 | 6 Spain | 1.07 | 2023 | -24.3% | -0.14% | View data |
| 7 | 7 Austria | 1.01 | 2023 | -4.01% | +2.26% | View data |
| 8 | 8 France | 0.98 | 2023 | +2.85% | +0.83% | View data |
| 9 | 9 Belgium | 0.4 | 2023 | +18.38% | -1.2% | View data |
| 10 | 10 Romania | 0.34 | 2023 | -29.9% | +3.23% | View data |
