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World - Barley - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Barley - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 10, 2021

Strong Demand from China for Grain-Based Feed Stimulates the Global Barley Market

IndexBox has just published a new report: 'World - Barley - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

2021 is forecast to see global barley supplies outstripped by demand. This may lead to a sharp rise in grain prices. A substantial proportion of consumption growth is driven by the demand from China for barley-based feed, as China's livestock population continues to recover from the swine fever outbreak. Shortages in supply are expected due to the poor crop yield owing to the adverse weather conditions in Russia, Australia, Turkey and the UK.

Key Trends and Insights

Global barley production is set to decline by 1.5% (IndexBox estimates) in 2021 against 2020 when the global barley harvest amounted to a record 160М tons. A projected poor crop yield in Russia, Australia, Turkey and the UK is to hamper this year's results. Meanwhile, a robust yield is expected in Argentina, Kazakhstan, Canada and Ukraine, but this remains insufficient to offset the global output decline. Global barley stocks are running low as a result of demand outpacing supply, which could lead to a rise in prices.

In China, robust demand is forecast for barley for animal feeding, as the country sees its livestock population recovering in the wake of the swine fever outbreak. In 2020, China increased barley imports in physical terms by 36% against the previous year. In 2021, China is projected to see a further 9% surge in imports.

The consumption in the EU is projected to fall due to the increased use of wheat in animal feed instead of barley. In Australia and Thailand, the volume of barley exports to Asia is forecast to decline as a result of China's introduction of anti-dumping taxes. To substitute supplies from Australia and Thailand, imports from Canada to China are expected to increase.

In Russia, poor weather conditions at the end of 2020 damaged winter crops, which is to adversely affect the yield figures. It is expected that the fields will be resown with oil-bearing and spring crops. Russia is also being affected by a lack of available labor as migrant workers were unable to return to Russia during the pandemic. This leads to a shortfall of more than 30K laborers in the agricultural sector.

The global barley market is set to reach 13M tons by 2030 as a result of increasing demand. The increase in barley prices could contribute to the accelerating food inflation in the world, which undermines the effect of income-support measures during a pandemic and becomes a serious barrier to the food market growth.

Global Barley Consumption

In 2020, the global barley market increased by 3.4% to $44.3B, rising for the second year in a row after five years of decline. The most prominent rate of growth was recorded in 2019 with an increase of 14% year-to-year. Over the period under review, the global market hit record highs at $44.7B in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

The countries with the highest volumes of barley consumption in 2020 were Russia (17M tons), Germany (11M tons) and China (9.7M tons), together accounting for 23% of global consumption.

From 2012 to 2020, the biggest increases were in China, while barley consumption for the other global leaders experienced more modest paces of growth.

In value terms, Russia ($3.3B), Turkey ($3.1B) and China ($2.4B) constituted the countries with the highest levels of market value in 2020, together comprising 20% of the global market.

The countries with the highest levels of barley per capita consumption in 2020 were Canada (203 kg per person), Australia (199 kg per person) and Spain (165 kg per person).

Global Barley Exports

In 2020, the amount of barley exported worldwide skyrocketed to 35M tons, with an increase of 18% against 2019. In value terms, barley exports expanded notably to $6.9B in 2020.

The biggest shipments were from France (6.8M tons), Ukraine (5M tons), Australia (4.3M tons), Russia (4.2M tons), Canada (2.8M tons) and Germany (2.4M tons), together resulting at 74% of total export. The following exporters - the UK (1.6M tons), Romania (1.3M tons), Hungary (0.8M tons) and Denmark (0.7M tons) - together made up 13% of total exports.

In value terms, France ($1.4B), Australia ($908M) and Ukraine ($878M) appeared to be the countries with the highest levels of exports in 2020, with a combined 46% share of global exports. These countries were followed by Russia, Canada, Germany, the UK, Romania, Denmark and Hungary, which together accounted for a further 40%.

The average barley export price stood at $199 per ton in 2020, reducing by -8.7% against the previous year. Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Denmark ($217 per ton) and Canada ($214 per ton), while in Ukraine ($174 per ton) and Hungary ($175 per ton) were amongst the lowest.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global barley market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 44 - Barley

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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