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Average annual price of hops in the U.S. 2010-2018
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Average annual price of hops in the U.S. 2010-2018
Average annual price of hops in the United States from 2010 to 2018 (in U.S. dollars per pound)
by M. Shahbandeh,
last edited
Sep 4, 2019
Over the last few years, the average price of hops in the United States has been dropping. Between 2016 and 2018, the price of a pound of hops fell from 5.72 U.S. dollars to 5.46 U.S. dollars.
Hop production in the U.S.
In the United States, hop production reached an all-time high in 2018, when around 106.91 million pounds of hops were produced. To put this figure in perspective, in 2012 only around 58.91 million pounds of hops were produced in the United States. The vast majority of hops in the United States are cultivated in Washington, Idaho, and Oregon. Washington had the highest production volume of hops in 2018, at 77.73 million pounds, which was over half the total production volume of the country.Craft beer in the U.S.
Hops are one of the most popular ingredients in the beer brewing process as it gives the beer a more complex and balanced flavor. Typically, beer that is heavily flavored with hops can be quite bitter, which is not to everyone’s taste. Recently, “hoppy” beers have become extremely popular in the United States with the craft beer movement. Craft beer is expected to become even more popular in the United States, reaching a retail dollar sales share of 33.1 percent by 2020.Average annual price of hops in the United States from 2010 to 2018 (in U.S. dollars per pound)
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by M. Shahbandeh,
last edited
Sep 4, 2019
Over the last few years, the average price of hops in the United States has been dropping. Between 2016 and 2018, the price of a pound of hops fell from 5.72 U.S. dollars to 5.46 U.S. dollars.
Hop production in the U.S.
In the United States, hop production reached an all-time high in 2018, when around 106.91 million pounds of hops were produced. To put this figure in perspective, in 2012 only around 58.91 million pounds of hops were produced in the United States. The vast majority of hops in the United States are cultivated in Washington, Idaho, and Oregon. Washington had the highest production volume of hops in 2018, at 77.73 million pounds, which was over half the total production volume of the country.Craft beer in the U.S.
Hops are one of the most popular ingredients in the beer brewing process as it gives the beer a more complex and balanced flavor. Typically, beer that is heavily flavored with hops can be quite bitter, which is not to everyone’s taste. Recently, “hoppy” beers have become extremely popular in the United States with the craft beer movement. Craft beer is expected to become even more popular in the United States, reaching a retail dollar sales share of 33.1 percent by 2020.- Show sources information
- Show publisher information
- Release date
- March 2019
- Region
- United States
- Survey time period
- 2010 to 2018
- Special properties
- as of December 31 each year
- Supplementary notes
- * The source does not provide the specific date of the survey.
Source
- Show sources information
- Show publisher information
- Release date
- March 2019
More information
- Region
- United States
- Survey time period
- 2010 to 2018
- Special properties
- as of December 31 each year
- Supplementary notes
- * The source does not provide the specific date of the survey.
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