Belgium's Hop Industry Sees Mixed Fortunes in 2024
Belgium's hop industry experienced mixed fortunes in 2024. While production and consumption reached record highs, exports and imports both fell. The USA remained the top supplier, while France was the main destination for Belgian hops.
Belgium harvested around X hectares of hops in 2024, a X% decrease from 2023. Despite this, production value soared to $X, with an average annual growth rate of X% since 2012. Hop consumption also reached a peak in 2024, following a remarkable increase.
Exports, however, saw a decline. Hop exports in value terms fell to $X in 2024, although they showed overall expansion. In terms of volume, exports decreased by X% to X tons, after two years of growth. France remained the primary destination, accounting for a X% share of total exports. The USA was the largest supplier, with a X% share of total imports.
Belgium's hop market reached $X in 2024, following two years of decline. While production and consumption surged, exports and imports fell. The USA and France played significant roles in Belgium's hop trade.
