Hop Market Overview in Saudi Arabia
The size of the hop market in Saudi Arabia reduced to $ in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2012 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. From 2013 to 2019, the growth of the market remained at a lower figure.