Luxembourg: Barley Market 2024

Barley Market Size in Luxembourg

The Luxembourg barley market rose rapidly to $X in 2022, surging by 11% against the previous year. Overall, consumption, however, recorded a pronounced contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Barley Production in Luxembourg

In value terms, barley production contracted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23% against the previous year. Barley production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of barley in Luxembourg reached X tons per ha, remaining constant against 2021. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 11% against the previous year. The barley yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. 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 Luxembourg reached X ha, increasing by 6.5% compared with the year before. Over the period under review, the harvested area, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 8.5% against the previous year. The barley harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Barley Exports

Exports from Luxembourg

In 2022, exports of barley from Luxembourg declined notably to X tons, falling by -25.5% against 2021. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 46%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, barley exports rose notably to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 74% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for barley exports from Luxembourg, accounting for a 78% share of total exports. Moreover, barley exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), sevenfold. The third position in this ranking was taken by Belgium (X tons), with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-17.6% per year) and Belgium (-14.9% per year).

In value terms, Germany ($X) remains the key foreign market for barley exports from Luxembourg, comprising 78% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 9.5% share of total exports. It was followed by Belgium, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-16.6% per year) and Belgium (-12.8% per year).

Export Prices by Country

In 2022, the average barley export price amounted to $X per ton, with an increase of 45% against the previous year. Over the period under review, the export price recorded a moderate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Barley Imports

Imports into Luxembourg

In 2022, purchases abroad of barley decreased by -9.8% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 171% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, barley imports reduced to $X in 2022. Overall, imports saw a mild descent. The pace of growth appeared the most rapid in 2017 when imports increased by 120% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest barley supplier to Luxembourg, accounting for a 79% share of total imports. Moreover, barley imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Belgium (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.5% per year) and Belgium (-0.5% per year).

In value terms, Germany ($X) constituted the largest supplier of barley to Luxembourg, comprising 74% of total imports. The second position in the ranking was taken by France ($X), with a 13% share of total imports. It was followed by Belgium, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.7% per year) and Belgium (+3.7% per year).

Import Prices by Country

In 2022, the average barley import price amounted to $X per ton, increasing by 9.2% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 +74.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 52%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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