Malaysia: Barley Market 2022

Barley Market Size in Malaysia

In 2021, the Malaysian barley market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a noticeable descent. Barley consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Barley Exports

Exports from Malaysia

In 2021, overseas shipments of barley decreased by -X% to X tonnes for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports showed a perceptible descent. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, the exports attained the maximum at X tonnes in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, barley exports shrank dramatically to $X in 2021. In general, exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for barley exports from Malaysia, with a X% share of total exports. Moreover, barley exports to Germany exceeded the volume sent to the second major destination, New Zealand (X tonnes), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and the Netherlands (+X% per year).

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average barley export price stood at $X per tonne in 2021, picking up by X% against the previous year. In general, the export price saw a measured expansion. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. As a result, the export price attained the peak level of $X per tonne. From 2018 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to New Zealand ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-X%), while the prices for the other major destinations experienced a decline.

Barley Imports

Imports into Malaysia

In 2021, approx. X tonnes of barley were imported into Malaysia; reducing by -X% compared with the previous year. Over the period under review, imports saw a slight curtailment. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, barley imports declined remarkably to $X in 2021. In general, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Australia (X tonnes) constituted the largest supplier of barley to Malaysia, with a X% share of total imports. Moreover, barley imports from Australia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), twofold. Ukraine (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Australia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Ukraine (+X% per year).

In value terms, Australia ($X), China ($X) and the Netherlands ($X) appeared to be the largest barley suppliers to Malaysia, with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of +X%, recorded 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

The average barley import price stood at $X per tonne in 2021, increasing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform