Northern America: Barley Market 2024

Barley Market Size in Northern America

In 2022, the North American barley market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, recorded a slight downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Barley Production in Northern America

In value terms, barley production shrank to $X in 2022 estimated in export price. In general, production, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The country with the largest volume of barley production was Canada (X tons), comprising approx. X% of total volume. Moreover, barley production in Canada exceeded the figures recorded by the second-largest producer, the United States (X tons), threefold.

In Canada, barley production remained relatively stable over the period from 2012-2022.

The average barley yield soared to X tons per ha in 2022, rising by X% against 2021. Overall, the yield saw a relatively flat trend pattern. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the 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.

In 2022, the barley harvested area in Northern America fell to X ha, flattening at 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to barley production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Barley Exports

Exports in Northern America

In 2022, after two years of growth, there was significant decline in overseas shipments of barley, when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, barley exports fell sharply to $X in 2022. In general, exports, however, saw noticeable growth. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Canada prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. The United States (X tons) held a little share of total exports.

Canada was also the fastest-growing in terms of the barley exports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest barley supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada stood at X%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, surging by X% against the previous year. Export price indicated a slight 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. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Barley Imports

Imports in Northern America

In 2022, overseas purchases of barley increased by X% to X tons, rising for the third year in a row after five years of decline. Over the period under review, imports showed a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, barley imports surged to $X in 2022. Overall, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the key importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Canada (X tons), committing a X% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of barley. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. While the share of Canada (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported barley in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, barley imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, picking up by X% against the previous year. Import price indicated a tangible increase 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 import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :