Canada - Barley - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada Sees Slight Dip in Barley Price, Currently at $354 per Ton
Canada Barley Export Price in December 2022
In December 2022, the barley price stood at $354 per ton (FOB, Canada), approximately equating the previous month. Over the period under review, export price indicated mild growth from December 2021 to December 2022: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, barley export price decreased by -3.4% against August 2022 indices. The pace of growth appeared the most rapid in April 2022 an increase of 59% month-to-month. As a result, the export price attained the peak level of $517 per ton. From May 2022 to December 2022, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In December 2022, the country with the highest price was the United States ($394 per ton), while the average price for exports to China amounted to $347 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.9%).
Canada Barley Exports
After three months of growth, overseas shipments of barley decreased by -47.7% to 241K tons in December 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 with an increase of 207% against the previous month. The exports peaked at 461K tons in November 2022, and then reduced sharply in the following month.
In value terms, barley exports dropped remarkably to $85M (IndexBox estimates) in December 2022. Over the period under review, exports, however, saw a notable increase. The most prominent rate of growth was recorded in September 2022 when exports increased by 219% against the previous month. Over the period under review, the exports reached the peak figure at 165K tons in November 2022, and then contracted markedly in the following month.
Canada Barley Exports by Country
China (204K tons) was the main destination for barley exports from Canada, with a 84% share of total exports. Moreover, barley exports to China exceeded the volume sent to the second major destination, the United States (37K tons), fivefold. From December 2021 to December 2022, the average monthly growth rate of volume to China was relatively modest.
In value terms, China ($71M) remains the key foreign market for barley exports from Canada, comprising 83% of total exports. The second position in the ranking was taken by the United States ($15M), with a 17% share of total exports. From December 2021 to December 2022, the average monthly rate of growth in terms of value to China stood at +1.3%.
Record Harvest Bring Down Canadian Barley Prices
The slight decline in price can be attributed to several factors, including bumper crops, slowing demand from key importers, and a stronger Canadian dollar. Farmers in Canada have enjoyed a record harvest this year with large yields, which has led to an increase in supply. This, coupled with reduced demand from overseas markets and a strengthening Canadian dollar, has resulted in a decrease in the price of barley. Despite the slight drop in price, Canadian barley remains competitive in the global market due to its high quality and reputation for consistency. Farmers and buyers alike continue to monitor the situation closely and adjust their strategies accordingly.
This report provides an in-depth analysis of the barley market in Canada. 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:
- FCL 44 - Barley
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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