Germany regains the first place in the production of hops in the world

Published 2024년 7월 1일

Tridge summary

High stocks of hops are driving down prices and reducing hop cultivation areas, especially in the USA, which has allowed Germany to become the world's leading hop producer. The global hop cultivation area is expected to decrease by 4,800 hectares to just over 55,000 hectares, with the USA experiencing the largest reduction. Germany's hop cultivation area will see only a slight decrease, enabling it to reclaim the top position after nine years. The market trend is shifting towards bitter hop varieties like Germany's 'Hercules' and 'Titan,' while aromatic varieties such as 'Perla' and 'Hallertau Tradition' are declining in popularity.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

High stocks create pressure on the world market of hops, and the consequences are a drop in prices and a shrinking of the area in the USA, commented the electronic publication AgrarHeute, referring to data from the Association of German Hop Producers. For this reason, the United States cedes the first place in the production of hops in the world to Germany. Worldwide, this year hops area is expected to shrink by 4,800 hectares compared to 2023 to just over 55,000 hectares. The lion's share of the shrinking area falls on the USA – from 22,500 hectares to 17,850 hectares. In Germany, the process is much less pronounced - with only 340 hectares to 20,300 hectares, regaining the first place in the indicator after 9 years. As for varieties, the trend is in favor of bitter ones at the expense of aromatic ones. The largest area worldwide - 7,900 hectares - is planted with the bitter variety "Hercules", and it is grown only in Germany. The areas with the new bitter hop variety "Titan" ...

Source: Sinor