Saudi Arabia: Barley Market 2024

Barley Market Size in Saudi Arabia

The Saudi barley market amounted to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Barley Production in Saudi Arabia

In value terms, barley production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of barley in Saudi Arabia dropped to X tons per ha in 2022, shrinking by X% against the year before. Overall, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average barley 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, approx. X ha of barley were harvested in Saudi Arabia; surging by X% on the year before. Over the period under review, the harvested area, however, recorded a pronounced downturn. The barley harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

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Barley Exports

Exports from Saudi Arabia

In 2022, the amount of barley exported from Saudi Arabia surged to X tons, increasing by X% compared with 2021. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, barley exports skyrocketed to $X in 2022. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for barley exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, barley exports to the UK exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold.

From 2021 to 2022, the average annual growth rate of volume to the UK was relatively modest.

In value terms, the UK ($X) emerged as the key foreign market for barley exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports.

From 2021 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

The average barley export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a precipitous setback. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then shrank dramatically in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Romania amounted to $X per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Barley Imports

Imports into Saudi Arabia

In 2022, approx. X tons of barley were imported into Saudi Arabia; picking up by X% compared with 2021 figures. In general, imports, however, continue to indicate a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, barley imports dropped modestly to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of barley to Saudi Arabia, accounting for a X% share of total imports. Moreover, barley imports from Russia exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Ukraine (X% per year).

In value terms, the largest barley suppliers to Saudi Arabia were Russia ($X), Argentina ($X) and France ($X), with a combined X% share of total imports. Ukraine, Germany, Romania and Lithuania lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 ton in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a perceptible decline. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($X per ton) and France ($X per ton), while the price for Lithuania ($X per ton) and Romania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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