Product intelligence · HS 121010 · 2024 data

Hop cones: neither ground nor powdered nor in the form of pellets

Global exports of hop cones: neither ground nor powdered nor in the form of pellets totalled $50,192,693 in 2024, a -31.8% change from the previous year. Traded by 71 countries across 354 bilateral corridors, with demand from 102 importing markets. The long-term trend is rapid decline.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$50.2M

-31.8% YoY

3Y / 5Y CAGR

-13.4%

5Y: -9.2%

Supply structure

Diversified

HHI 0.125

Volatility

Low

Score 16/100

1.

Market movement

In 2024, hop cones: neither ground nor powdered nor in the form of pellets trade exhibited significant decline, with global flows reaching $50,192,693 and a three-year compound annual growth rate of -13.4% (five-year: -9.2%). The all-time peak of $101,708,479 was recorded in 1995; the current level is 51% below that high-water mark.

Over the 30-year observation window (19952024), 38% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-12.9% acceleration).

The World Trade Flows Characterization classifies hop cones: neither ground nor powdered nor in the form of pellets as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.125). The three largest exporters — Czechia ($10.5M), Poland ($8.1M), and Slovenia ($7.8M) — collectively dominate supply flows. The leading exporter has grown at -12.1% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.426). The three largest import markets are Germany ($31.6M), United Kingdom ($7.2M), and United States ($4.4M). The largest importing market sources from 37 different supplying countries.

The dominant trade corridor is Czechia → Germany at $9.5M, representing 30.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for hop cones: neither ground nor powdered nor in the form of pellets is 16 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $101,708,479 in 1995. Currently 51% below peak.

YearGlobal trade (USD)YoY growth
2015$54,859,156+4.1%
2016$75,573,926+37.8%
2017$86,183,376+14.0%
2018$84,474,213-2.0%
2019$81,313,451-3.7%
2020$82,087,545+1.0%
2021$77,240,741-5.9%
2022$70,783,696-8.4%
2023$73,570,045+3.9%
2024$50,192,693-31.8%

Top exporting countries

Ranked by export value of hop cones: neither ground nor powdered nor in the form of pellets in 2024.

View all 71 exporters →

Top importing markets

Largest import destinations for hop cones: neither ground nor powdered nor in the form of pellets.

View all 102 markets →

Leading trade corridors

Largest bilateral export flows for hop cones: neither ground nor powdered nor in the form of pellets, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1CzechiaGermany$9.5M-11.5%
2PolandGermany$7.1M-8.3%
3SloveniaGermany$6.7M-19.2%
4FranceGermany$4.4M+13.3%
5AustriaGermany$1.3M+27.1%
6SpainGermany$717.3K-7.3%
7United KingdomGermany$505.0K-24.4%
8SwitzerlandGermany$474.9K+31.5%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.