Canada: Barley Market 2024

Barley Market Size in Canada

In 2022, after two years of decline, there was significant growth in the Canadian barley market, when its value increased by X% to $X. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Barley Production in Canada

In value terms, barley production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X%. Barley production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of barley in Canada skyrocketed to X tons per ha in 2022, with an increase of X% on the previous year. Over the period under review, the yield showed a relatively flat trend pattern. The barley yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the barley harvested area in Canada dropped slightly to X ha, which is down by X% on 2021 figures. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. The barley harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

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Barley Exports

Exports from Canada

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. Overall, exports, however, posted measured growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined markedly in the following year.

In value terms, barley exports declined to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

China (X tons) was the main destination for barley exports from Canada, accounting for a X% share of total exports. Moreover, barley exports to China exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Japan (X% per year).

In value terms, China ($X) remains the key foreign market for barley exports from Canada, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average barley export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a modest 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.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Barley Imports

Imports into Canada

In 2022, overseas purchases of barley decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, barley imports surged to $X in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of barley to Canada, accounting for a X% share of total imports. Moreover, barley imports from Australia exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Denmark (X% per year).

In value terms, Australia ($X) constituted the largest supplier of barley to Canada, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Denmark (X% per year).

Import Prices by Country

The average barley import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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