Iraq: Barley Market Overview 2020

Barley Market Size in Iraq

The revenue of the barley market in Iraq amounted to $X in 2018, shrinking by -X% against the previous year. Overall, barley consumption continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the barley market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Barley Production in Iraq

In value terms, barley production amounted to $X in 2018 estimated in export prices. Overall, barley production continues to indicate a deep curtailment. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Iraq barley production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

In 2018, the average yield of barley in Iraq stood at X tonne per ha, jumping by X% against the previous year. In general, the barley yield continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 when yield increased by X% y-o-y. The global barley yield peaked at X tonne per ha in 2016; however, from 2017 to 2018, yield remained at a 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 Iraq totaled X ha in 2018, remaining constant against the previous year. Overall, the barley harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The global barley harvested area peaked in 2018 and is expected to retain its growth in the immediate term.

Barley Exports

Exports from Iraq

In 2008, approx. X tonnes of barley were exported from Iraq; picking up by X% against the previous year. Overall, barley exports continue to indicate outstanding growth. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. In that year, barley exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, barley exports stood at $X in 2008. In general, barley exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous 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 tonnes), distantly followed by France (X tonnes), Ukraine (X tonnes), Russia (X tonnes), Argentina (X tonnes), Germany (X tonnes) and Canada (X tonnes) represented the main exporters of barley, together generating X% of total exports. Romania (X tonnes), Denmark (X tonnes), Hungary (X tonnes), Kazakhstan (X tonnes) and the UK (X tonnes) took a little share 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, the largest barley markets from Iraq were Australia ($X), France ($X) and Russia ($X), together accounting for X% of total exports. Ukraine, Argentina, Canada, Germany, Romania, Hungary, the UK, Denmark and Kazakhstan lagged somewhat behind, together accounting for a further X the main exporting countries, Romania recorded the highest growth rate of 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 Iraq stood at $X per tonne in 2018, approximately equating the previous year. In general, the barley export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. In that year, the export prices for barley reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the export prices for barley remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per tonne), while Ukraine ($X per tonne) 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 into Iraq

In 2018, the amount of barley imported into Iraq totaled X tonnes, leveling off at the previous year. Over the period under review, barley imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Iraq imports peaked at X tonnes in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, barley imports amounted to $X in 2018. In general, barley imports continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Iraq imports peaked at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Saudi Arabia (X tonnes) and China (X tonnes) were the key importers of barleyacross the globe, together making up X% of total imports. Iran (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by the Netherlands (X%). Belgium (X tonnes), Japan (X tonnes), Spain (X tonnes), Germany (X tonnes), Jordan (X tonnes), Italy (X tonnes), Libya (X tonnes) and Tunisia (X tonnes) took a little share of total imports.

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 Iraq were China ($X), Saudi Arabia ($X) and Iran ($X), together comprising X% of total imports. These countries were followed by the Netherlands, Belgium, Japan, Germany, Spain, Jordan, Libya, Tunisia, Italy and Iraq, which together accounted for a further X terms of the main importing countries, Libya recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the barley import price in Iraq amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the barley import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, the import prices for barley reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per tonne), while Saudi Arabia ($X per tonne) 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.

Source: IndexBox AI Platform