Australia - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAustralia's Malt Price Sees Slight Growth to $587 per Ton Following Two Consecutive Months of Increases
Australia Malt Export Price in December 2022
In December 2022, the malt price stood at $587 per ton (FOB, Australia), surging by 2.9% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 30% month-to-month. As a result, the export price reached the peak level of $637 per ton. From July 2022 to December 2022, 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 Philippines ($745 per ton), while the average price for exports to Japan ($489 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Australia Malt Exports
After three months of decline, overseas shipments of malt (not roasted) increased by 9.4% to 72K tons in December 2022. Over the period under review, total exports indicated measured growth from January 2022 to December 2022: its volume increased at an average monthly rate of +3.2% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, exports increased by +62.7% against July 2022 indices. The pace of growth was the most pronounced in August 2022 when exports increased by 81% month-to-month. The exports peaked at 91K tons in June 2022; however, from July 2022 to December 2022, the exports remained at a lower figure.
In value terms, malt exports rose significantly to $42M (IndexBox estimates) in December 2022. Overall, total exports indicated a resilient expansion from January 2022 to December 2022: its value increased at an average monthly rate of +5.7% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, exports increased by +12.6% against November 2022 indices. The growth pace was the most rapid in June 2022 with an increase of 78% month-to-month. As a result, the exports attained the peak of $58M. From July 2022 to December 2022, the growth of the exports remained at a lower figure.
Australia Malt Exports by Country
Vietnam (19K tons), the Philippines (16K tons) and South Korea (8.9K tons) were the main destinations of malt exports from Australia, with a combined 62% share of total exports.
From January 2022 to December 2022, the biggest increases were in the Philippines (with a CAGR of +18.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for malt exported from Australia were the Philippines ($12M), Vietnam ($10M) and Thailand ($4.9M), with a combined 64% share of total exports.
the Philippines, with a CAGR of +21.9%, 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.
Factors Impacting Malt Price in Australia, from Climate to Government Policies
Malt is a key ingredient in the brewing and distilling industries and is produced from barley or other grains. Australia is one of the world's largest producers of malt, and its malt prices are influenced by various factors, including:
Malt production is heavily dependent on weather conditions such as rainfall, temperature, and sunlight. Any significant changes in weather patterns or natural disasters, such as droughts, floods, or storms, can impact the quality and yield of the barley crop and contribute to fluctuations in malt prices.
The balance between supply and demand for malt in the domestic and international markets can also influence malt prices in Australia. Any changes in the demand from major global markets, such as China, can affect the prices of malt.
The exchange rate of the Australian dollar against other currencies, such as the US dollar, can impact malt prices. A strong Australian dollar can make Australian malt more expensive for international buyers, leading to a decrease in demand and a subsequent drop in prices.
Malt production requires significant amounts of energy, particularly for the malting and kilning processes. Increases in energy costs, such as electricity and gas prices, can lead to an increase in malt prices.
The Australian government's policies, such as taxes, subsidies, and regulations, can also impact malt prices. For example, changes in taxation policies, such as excise tax on alcohol, can affect the demand for malt and the prices of malt-based products.
Overall, the malt price in Australia is influenced by a combination of factors, including climate conditions, supply and demand, exchange rates, energy costs, and government policies.
This report provides an in-depth analysis of the malt market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11061030 - Malt, not roasted (excluding alcohol duty)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023