The global hop cones export market is dominated by Germany and the United States, which together command over 71% of the market share in USD terms. Between 2022 and 2023, the U.S. increased its share by 4.26%, while Germany saw a more modest increase. Emerging players like Poland and Egypt exhibited significant year-on-year growth of 15.18% and 653.72%, respectively. Japan showed a drastic decrease in exports, dropping 61.27%. Over the last five years, consistent upward trends are evident with countries like Poland and Canada posting noteworthy CAGRs.
Future trends in hop cones exports will likely be influenced by the growing demand for craft beers and the expanding markets in Asia and South America, suggesting opportunities for increased market penetration in these regions. Watch for potential shifts as traditional markets diversify and as environmental issues affect hop yield and quality worldwide.
Top countries in Export of Hop Cones Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.56 | 2023 | +2.78% | +2.36% | View data |
| 2 | 2 United States | 29.97 | 2023 | +4.42% | +4.26% | View data |
| 3 | 3 Czech Republic | 6.93 | 2023 | +1.49% | -0.77% | View data |
| 4 | 4 Belgium | 5.8 | 2023 | +5.7% | +3.96% | View data |
| 5 | 5 Slovenia | 4.46 | 2023 | +3.67% | +2.94% | View data |
| 6 | 6 United Kingdom | 4.01 | 2023 | +3.67% | +3.4% | View data |
| 7 | 7 Australia | 3.16 | 2023 | +4.47% | +4.54% | View data |
| 8 | 8 Poland | 1.56 | 2023 | +3.84% | +15.18% | View data |
| 9 | 9 Bulgaria | 0.56 | 2023 | +3.78% | +2.19% | View data |
| 10 | 10 South Africa | 0.38 | 2023 | +4.32% | +1.44% | View data |
