Global Malt Market 2022

Malt Market Size

In 2021, after four years of growth, there was decline in the global malt market, when its value decreased by -X% to $X. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the global market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Malt Production

In value terms, malt production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, global production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Malt Exports

Exports

In 2021, after five years of growth, there was decline in overseas shipments of malt, when their volume decreased by -X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the global exports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, malt exports dropped to $X in 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The global exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the twelve major exporters of malt, namely France, Belgium, Canada, Germany, Australia, Argentina, the United States, China, Uruguay, the UK, the Netherlands and the Czech Republic, represented more than two-thirds of total export.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest malt supplying countries worldwide were France ($X), Belgium ($X) and Canada ($X), with a combined X% share of global exports. Germany, Australia, Argentina, the United States, Uruguay, China, the UK, the Netherlands and the Czech Republic lagged somewhat behind, together comprising a further X Netherlands, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average malt export price amounted to $X per ton, remaining constant against the previous year. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Canada ($X per ton) and the United States ($X per ton), while China ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-X%), while the other global leaders experienced a decline in the export price figures.

Malt Imports

Imports

After five years of growth, overseas purchases of malt decreased by -X% to X tons in 2021. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, global imports reached the peak figure at X tons in 2020, and then dropped in the following year.

In value terms, malt imports contracted to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Global imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of malt imports in 2021 were Brazil (X tons), Mexico (X tons), Japan (X tons), Vietnam (X tons), Belgium (X tons), the United States (X tons), the Netherlands (X tons), Thailand (X tons), Germany (X tons), South Korea (X tons), Nigeria (X tons) and Poland (X tons), together finishing at X% of total import. Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and the United States ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of global imports.

Mexico, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average malt import price stood at $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price saw a noticeable reduction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform