Australia and Oceania: Hop Market 2024

Hop Market Size in Australia and Oceania

The hop market in Australia and Oceania stood at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Hop Production in Australia and Oceania

In value terms, hop production reached $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were New Zealand (X tons) and Australia (X tons).

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%).

In 2022, the average yield of hops in Australia and Oceania amounted to X tons per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the hop yield attained the peak level in 2022 and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the hop harvested area in Australia and Oceania dropped slightly to X ha, remaining relatively unchanged against the year before. In general, the harvested area showed a mild curtailment. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to hop production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Hop Exports

Exports in Australia and Oceania

In 2022, approx. X tons of hops were exported in Australia and Oceania; jumping by X% compared with the year before. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, hop exports shrank modestly to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Australia (X tons) and New Zealand (X tons) was the largest exporter of hops in Australia and Oceania, mixing up X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of X%).

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2022.

New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then dropped significantly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Hop Imports

Imports in Australia and Oceania

For the fourth consecutive year, Australia and Oceania recorded growth in supplies from abroad of hops, which increased by X% to X tons in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, hop imports surged to $X in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) represented the major importer of hops, creating X% of total imports. It was distantly followed by New Zealand (X tons), comprising a X% share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by X percentage points.

In value terms, Australia ($X) constitutes the largest market for imported hops in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, waning by X% against the previous year. Import price indicated strong 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 import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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