Malt Market - The U.S. Remains One of the Largest Export Markets for Malt
Malt Liquors And Malt March 18, 2016
The U.S., following Brazil (14%) and Japan (8%), took the third spot in global imports on the malt market with a 7% share (based on USD). In 2015, U.S. malt imports totalled 291 million USD, which was 5 million USD (2%) less than the year before.
From 2007 to 2015, U.S. malt imports showed mixed dynamics. A significant drop in 2010 was followed by growth over the next five years. There was an annual increase of +10.6% throughout the analysed period.
Despite fierce competition, the U.S. continues to be one of the largest export markets for overseas malt suppliers.
The United States' primary trading partner was Canada, who supplied 67% of its total malt exports in value terms. It was followed by Germany and the United Kingdom (15% each). While Germany and the UK strengthened their positions in the U.S. import structure, Canada saw its share reduced.
Before 2011, the U.S. was a net exporter of malt, running a surplus of around 6 million USD in 2010. Over the years, however, not only did the surplus evaporate, it turned into a 35 million USD trade deficit in 2011. In 2015, this deficit worsened to 84 million USD.
Do you want to know more about the U.S. malt market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- malt market share
- malt prices
- malt industry
- malt sales
- malt market forecast
- malt price forecast
- key malt producers
