Global Barley Market 2024

Barley Market Size

The global barley market was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Global consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Barley Production

In value terms, barley production declined slightly to $X in 2022 estimated in export price. In general, production, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Russia (X tons), Australia (X tons) and France (X tons), with a combined X% share of global production. Germany, Spain, Canada, Ukraine, the UK, Turkey, Argentina, Denmark, the United States and Kazakhstan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Kazakhstan (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average yield of barley reached X tons per ha, remaining constant against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the yield increased by X%. Over the period under review, the average barley yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of barley production worldwide expanded modestly to X ha, increasing by X% on 2021. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the harvested area dedicated to barley production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

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Barley Exports

Exports

In 2022, overseas shipments of barley decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, barley exports shrank to $X in 2022. Overall, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted modestly in the following year.

Exports by Country

Australia (X tons) and France (X tons) were the largest exporters of barley in 2022, resulting at near X% and X% of total exports, respectively. Argentina (X tons) held the next position in the ranking, followed by Germany (X tons), Canada (X tons) and Ukraine (X tons). All these countries together held near X% share of total exports. The following exporters - Romania (X tons), Russia (X tons), the UK (X tons), Kazakhstan (X tons), Denmark (X tons) and Hungary (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest barley supplying countries worldwide were Australia ($X), France ($X) and Argentina ($X), with a combined X% share of global exports. Germany, Canada, Romania, Ukraine, Russia, the UK, Kazakhstan, Denmark and Hungary lagged somewhat behind, together comprising a further X%.

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average barley export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barley export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other global leaders experienced more modest paces of growth.

Barley Imports

Imports

In 2022, purchases abroad of barley decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then dropped notably in the following year.

In value terms, barley imports contracted slightly to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Saudi Arabia (X tons) and China (X tons) represented the major importers of barley in 2022, accounting for approx. X% and X% of total imports, respectively. The Netherlands (X tons) held the next position in the ranking, followed by Iran (X tons) and Belgium (X tons). All these countries together held near X% share of total imports. Germany (X tons), Turkey (X tons), Algeria (X tons), Spain (X tons), Jordan (X tons), Japan (X tons), Libya (X tons) and Morocco (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Turkey (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of global imports. Belgium, Turkey, Germany, Spain, Japan, Jordan, Iran, Morocco, Algeria and Libya lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average barley import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Libya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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