In 2024, the Czech Republic leads with the highest producer price for hops, followed by Austria and Bulgaria. Over the past two years, Germany showed significant growth, marking a 5.51% increase in 2022. Conversely, Poland experienced a decline in producer prices, with a 4.73% decrease that year. The Compound Annual Growth Rate (CAGR) over the last five years shows varying trends, highlighting market volatility impacted by environmental factors and demand fluctuations.
Future trends to watch include:
- Fluctuating agricultural yields influencing pricing.
- Demand shifts towards craft beer affecting hops sourcing.
- Economic factors such as inflation rates impacting producer pricing.
- Sustainability initiatives potentially altering cultivation practices and costs.
Top countries in Hops Producer Price by Country
| # | 9 Countries | Euros Per Hundred Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 1,050 | 2022 | +15.34% | +4.85% | View data |
| 2 | 2 Austria | 797 | 2022 | 0% | +0.38% | View data |
| 3 | 3 Bulgaria | 777.18 | 2022 | +33.33% | +1.4% | View data |
| 4 | 4 Slovenia | 691.53 | 2022 | +0.61% | +2.19% | View data |
| 5 | 5 Germany | 653 | 2022 | +8.83% | +5.51% | View data |
| 6 | 6 Belgium | 550.42 | 2022 | +2.56% | +1.76% | View data |
| 7 | 7 Spain | 527.14 | 2022 | -0.73% | +3.68% | View data |
| 8 | 8 Portugal | 500 | 2022 | +19.05% | +4.56% | View data |
| 9 | 9 Poland | 367.96 | 2022 | +8.18% | -4.73% | View data |
