Italy: Barley Market 2024

Barley Market Size in Italy

The Italian barley market fell slightly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Barley Production in Italy

In value terms, barley production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Barley production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average yield of barley in Italy reduced to X tons per ha, standing approx. at the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 when the yield increased by X%. The barley yield peaked at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The barley harvested area in Italy totaled X ha in 2022, growing by X% compared with 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. The barley harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

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Barley Exports

Exports from Italy

In 2022, shipments abroad of barley decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, barley exports shrank slightly to $X in 2022. In general, exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Austria (X tons) and France (X tons) were the main destinations of barley exports from Italy, together comprising X% of total exports. Malta, Romania, Iraq, Spain, Morocco, the Netherlands and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for barley exported from Italy were Germany ($X), Austria ($X) and France ($X), together accounting for X% of total exports. Romania, Iraq, Malta, Spain, Morocco, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

Iraq, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average barley export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated a perceptible 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. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Austria ($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 Morocco (X%), while the prices for the other major destinations experienced more modest paces of growth.

Barley Imports

Imports into Italy

In 2022, overseas purchases of barley increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, barley imports surged to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Hungary (X tons) constituted the largest barley supplier to Italy, with a X% share of total imports. Moreover, barley imports from Hungary exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

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

From 2012 to 2022, the average annual growth rate of value from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Austria (X% per year).

Import Prices by Country

The average barley import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per ton) and Germany ($X per ton), while the price for Hungary ($X per ton) and Croatia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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