Hop cones and lupulin market in the United States

Earlier Report Observations

Between 2018 and 2020, the US hop cones and lupulin market volume first rose from 41 132 t to 43 020 t, then contracted to 39 551 t. This period saw the steady emergence of proprietary hop varieties and a brewing industry emphasis on aroma and lupulin products, which supported initial demand. The market decline in 2020 coincided with industry focus on the 'Hop Pendulum' theme, indicating a shift in hop usage trends and market directions.

The market rebounded sharply in 2021, reaching 43 107 t, before falling to 35 011 t in 2022. Recovery in 2023 to 39 078 t was driven by product innovation, including the introduction of cryogenically processed lupulin pellets, and a structural shift from low-margin bittering hop varieties to patented aroma lines in the Pacific Northwest, a global hub for cultivar development.

By 2024, reported reductions in aroma hop acreage and production adjustments aimed at curbing overproduction reflected ongoing responses to economic pressures, rising costs, and evolving demand for high-alpha and specialty hop varieties, with new concentrated lupulin products entering the market.

Production hop cones and lupulin in the United States

In kind, 2017-2020, t

From 2017 to 2020, the United States was one of the world's top producers of hop cones and lupulin, ranking first globally by production volume.

Top producers of hop cones and lupulin, 2017-2020

World map of production of hop cones and lupulin, 2017-2020

After two years of growth, hop cones and lupulin production in the United States declined. In 2019, production reached its peak at 50 820 tonnes, marking a 4.8% increase from the previous year. However, by 2020, output fell to 47 090 tonnes, representing a modest 7.3% decrease compared to 2019.

Annual dynamics of production in the United States in kind, 2017-2020, t

In value, 2017-2020, M $ US

Following a two-year uptick, the value of hop cones and lupulin production in the United States declined. In 2019, production hit its highest value at 865.0 million US dollars, with a significant 14.3% increase from the prior year. By 2020, the value dropped to 808.7 million US dollars, down 6.5% from 2019. Overall, from 2017 to 2020, production value grew by 14.1%, averaging an annualized rate of 4.5%.

Annual dynamics of production in the United States in value, 2017-2020, M $ US

Exports hop cones and lupulin from the United States

Exports in kind, t

Hop cones and lupulin exports from the United States increased for the third consecutive year. In 2020, exports amounted to 12 662 tonnes, up 0.9% from the previous year. Over the period from 2017 to 2020, exports rose by 9.7%, with an average annual growth rate of 3.1%.

Annual dynamics of product's exports from the United States in kind, 2017-2020, t

Between 2017 and 2020, hop cones and lupulin exports from the United States were relatively evenly distributed. Canada accounted for 18.0% of exports in kind, the United Kingdom for 16.8%, and Belgium for 14.6%, together making up 49.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from the United States in kind, 2017-2020

Exports in value, M $ US

Hop cones and lupulin exports from the United States increased for the third year in a row. In 2020, exports were valued at 217.4 million US dollars, showing a small year-on-year gain of 1.8%. From 2017 to 2020, export value grew by 27.3%, with an annualized rate of 8.4%.

Annual dynamics of product's exports from the United States in value, 2017-2020, M $ US

Throughout 2017–2020, Canada, the United Kingdom, and Belgium were the key partners for hop cones and lupulin exports from the United States in value terms. Canada represented 19.0% of export value, the United Kingdom 16.3%, and Belgium 14.7%, collectively accounting for 50.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from the United States in value, 2017-2020

Imports hop cones and lupulin to the United States

Imports in kind, t

After two years of decline, hop cones and lupulin imports into the United States increased. In 2019, imports hit their lowest point at 4 754 tonnes, with a 4.5% decrease from the previous year. By 2020, import volume rose to 5 123 tonnes, marking a 7.8% gain compared to 2019.

Annual dynamics of product's imports to the United States in kind, 2017-2020, t

From 2017 to 2020, Germany, Australia, and New Zealand were the primary sources for hop cones and lupulin imports into the United States in kind. Germany accounted for 61.5% of imports, Australia for 13.9%, and New Zealand for 10.8%, together representing 86.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to the United States in kind, 2017-2020

Imports in value, M $ US

Hop cones and lupulin imports into the United States increased for the third consecutive year. In 2020, imports were valued at 77.3 million US dollars, up 8.5% from the previous year. Over the 2017–2020 period, import value grew by 28%, with a compound annual growth rate of 8.6%.

Annual dynamics of product's imports to the United States in value, 2017-2020, M $ US

During 2017–2020, Germany, Australia, and New Zealand formed the main group of sources for hop cones and lupulin imports into the United States in value terms. Germany represented 50.7% of import value, Australia 19.8%, and New Zealand 16.9%, with a combined share of 87.4% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to the United States in value, 2017-2020