Africa: Hop Market 2024

Hop Market Size in Africa

For the third year in a row, the African hop market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Hop Production in Africa

In value terms, hop production stood at $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Ethiopia (X tons) remains the largest hop producing country in Africa, accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Ethiopia stood at X%.

The average hop yield fell to X tons per ha in 2022, which is down by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the yield increased by X%. Over the period under review, the hop yield attained the peak level at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of hops in Africa expanded to X ha, surging by X% compared with 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the hop harvested area remained at a lower figure.

Hop Exports

Exports in Africa

After two years of growth, overseas shipments of hops decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a mild expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, hop exports shrank to $X in 2022. In general, exports, however, posted moderate growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

Ethiopia represented the major exporter of hops in Africa, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X tons), committing an X% share of total exports. The following exporters - Uganda (X tons) and Tanzania (X tons) - each reached a X% share of total exports.

Ethiopia experienced a relatively flat trend pattern with regard to volume of exports of hops. At the same time, South Africa (X%), Tanzania (X%) and Uganda (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Ethiopia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hop supplying countries in Africa were South Africa ($X), Ethiopia ($X) and Uganda ($X), with a combined X% share of total exports.

In terms of the main exporting countries, South Africa, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, declining by X% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hop export price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Ethiopia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Hop Imports

Imports in Africa

Hop imports amounted to X tons in 2022, surging by X% compared with the previous year. Total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, hop imports rose to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

South Africa (X tons), Tanzania (X tons), Zambia (X tons), Tunisia (X tons), Uganda (X tons), Kenya (X tons), Namibia (X tons), Zimbabwe (X tons), Mozambique (X tons), Cameroon (X tons), Ethiopia (X tons) and Nigeria (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nigeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported hops in Africa, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Tunisia, with an X% share.

In South Africa, hop imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Tunisia (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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