The European Hops Price Index varied significantly among countries in 2023. Bulgaria leads with the highest index value, followed by the Czech Republic and Austria. Slovenia, Belgium, Portugal, Poland, and France have lower indices, reflecting diverse hops market dynamics across Europe. Between 2022 and 2023, Bulgaria and Portugal showed noteworthy positive growth. In contrast, Slovenia and Poland experienced declines. The Czech Republic and Austria had moderate increases, while France remained stable.
Future trends to watch include technological advancements and climate change impacts on production efficiency. Price stability and fluctuations due to demand variations in craft beer markets should be carefully monitored as they may influence the hops price index across Europe.
Top countries in Hops Price Index by Country
| # | 8 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 191.19 | 2022 | -1.73% | +14.02% | View data |
| 2 | 2 Czech Republic | 138.5 | 2022 | +10.45% | +4.06% | View data |
| 3 | 3 Austria | 135.5 | 2022 | +12.54% | +3.93% | View data |
| 4 | 4 Slovenia | 122.37 | 2022 | +8% | -2.51% | View data |
| 5 | 5 Belgium | 119.45 | 2022 | +2.56% | -1.37% | View data |
| 6 | 6 Portugal | 116.28 | 2022 | +19.05% | +5.99% | View data |
| 7 | 7 Poland | 106.85 | 2022 | -6.67% | -7.63% | View data |
| 8 | 8 France | 100.69 | 2022 | 0% | 0% | View data |
