Eritrea: Barley Market 2020

Barley Market Size in Eritrea

The revenue of the barley market in Eritrea amounted to $X in 2018, picking up by X% against the previous year. Overall, the total market indicated modest growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Eritrea barley consumption peaked at $X in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Barley Production in Eritrea

In value terms, barley production amounted to $X in 2018 estimated in export prices. Overall, barley production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Eritrea barley production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Average yield of barley in Eritrea stood at X ton per ha in 2018, rising by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, the barley yield attained its peak level of X ton per ha. From 2009 to 2018, the growth of the barley yield remained 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.

Barley harvested area in Eritrea amounted to X ha in 2018, standing approx. at the previous year. Over the period under review, the barley harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to barley production attained its maximum at X ha in 2010; however, from 2011 to 2018, harvested area remained at a lower figure.

Barley Exports

Exports from Eritrea

Barley exports from Eritrea stood at X kg in 2014, surging by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2013 to 2014; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. In that year, barley exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, barley exports amounted to $X in 2014. The total export value increased at an average annual rate of +X% over the period from 2013 to 2014; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. In that year, barley exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, Australia (X tons), distantly followed by France (X tons), Ukraine (X tons), Russia (X tons), Argentina (X tons), Germany (X tons) and Canada (X tons) were the key exporters of barley, together constituting X% of total exports. The following exporters - Romania (X tons), Denmark (X tons), Hungary (X tons), Kazakhstan (X tons) and the UK (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), France ($X) and Russia ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Ukraine, Argentina, Canada, Germany, Romania, Hungary, the UK, Denmark and Kazakhstan, which together accounted for a further X terms of the main exporting countries, Romania experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The barley export price in Eritrea stood at $X per ton in 2018, remaining stable against the previous year. Over the period under review, the barley export price continues to indicate a significant setback. Over the period under review, the export prices for barley reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Canada ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced mixed trends in the export price figures.

Barley Imports

Imports by Country

Saudi Arabia (X tons) and China (X tons) represented roughly X% of total imports of barley in 2018. Iran (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by the Netherlands (X%). Belgium (X tons), Japan (X tons), Spain (X tons), Germany (X tons), Jordan (X tons), Italy (X tons), Libya (X tons) and Tunisia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran, while the other leaders experienced more modest paces of growth.

In value terms, the largest barley importing markets into Eritrea were China ($X), Saudi Arabia ($X) and Iran ($X), with a combined X% share of total imports. The Netherlands, Belgium, Japan, Germany, Spain, Jordan, Libya, Tunisia and Italy lagged somewhat behind, together comprising a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The barley import price in Eritrea stood at $X per ton in 2018, stabilizing at the previous year. In general, the barley import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Libya, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform