In 2023, Germany imported 421.5 thousand kilograms of hop extract. The forecast from 2024 to 2028 indicates a steady decline in imports. From 2024 to 2025, imports are expected to decrease by 1.9%. Over the 5-year period ending in 2028, the compound annual growth rate (CAGR) suggests a yearly average decrease of 1.5% in import volume. Overall, the data points to a sustained reduction in demand or shift in local production dynamics.
Future trends to watch include:
- Potential increases in domestic hop production or efficiencies
- Changing preferences or shifts towards alternative hop sources
- Economic or policy changes affecting trade and importation which could impact demand or availability of hop extracts