EU: Malt Market 2022

Malt Market Size in the EU

In 2021, the EU malt market decreased by -5.5% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption showed a slight contraction. The growth pace was the most rapid in 2018 when the market value increased by 8.1%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Malt Production in the EU

In value terms, malt production contracted modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 7.4% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Malt Exports

Exports in the EU

In 2021, shipments abroad of malt increased by 4.5% to X tons, rising for the third consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, malt exports expanded notably to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 9.7%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) and Belgium (X tons) were the largest exporters of malt in 2021, amounting to near 25% and 22% of total exports, respectively. Germany (X tons) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (8.8%), Slovakia (5.3%) and the Czech Republic (5.3%). Denmark (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +11.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest malt supplying countries in the European Union were France ($X), Belgium ($X) and Germany ($X), with a combined 62% share of total exports. These countries were followed by the Netherlands, Slovakia, the Czech Republic and Denmark, which together accounted for a further 23%.

Among the main exporting countries, the Netherlands, with a CAGR of +9.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, surging by 4.7% against the previous year. Overall, the export price, however, recorded a slight contraction. The growth pace was the most rapid in 2018 when the export price increased by 9.7%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while Denmark ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.7%), while the other leaders experienced a decline in the export price figures.

Malt Imports

Imports in the EU

After three years of growth, purchases abroad of malt decreased by -3.4% to X tons in 2021. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 6.9%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, malt imports expanded sharply to $X in 2021. In general, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 14%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons), distantly followed by the Netherlands (X tons), Poland (X tons), Germany (X tons) and Italy (X tons) were the main importers of malt, together mixing up 75% of total imports. The following importers - Austria (X tons), Spain (X tons), Romania (X tons), France (X tons), Slovenia (X tons) and Sweden (X tons) - together made up 16% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Austria (with a CAGR of +8.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest malt importing markets in the European Union were Belgium ($X), the Netherlands ($X) and Poland ($X), together accounting for 56% of total imports. Germany, Italy, Austria, Spain, Romania, France, Sweden and Slovenia lagged somewhat behind, together comprising a further 34%.

In terms of the main importing countries, Spain, with a CAGR of +6.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, increasing by 8.7% against the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of 10%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in France ($X per ton) and Sweden ($X per ton), while Austria ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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