U.S.: Barley Market 2025

Barley Market Size in the U.S.

In 2022, the U.S. barley market increased by 32% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, recorded a perceptible curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Barley Production in the U.S.

In value terms, barley production contracted slightly to $X in 2022. In general, production, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 21% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of barley in the United States rose remarkably to X tons per ha, with an increase of 15% against the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. Over the period under review, the average barley yield attained the maximum level at X tons per ha in 2016; however, from 2017 to 2022, the 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, the total area harvested in terms of barley production in the United States expanded significantly to X ha, with an increase of 6.8% against the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2015 with an increase of 25%. The barley harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Barley Exports

Exports from the U.S.

In 2022, after three years of growth, there was significant decline in overseas shipments of barley, when their volume decreased by -81.8% to X tons. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 71%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, barley exports dropped sharply to $X in 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 67% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X tons), Japan (X tons) and South Korea (X tons) were the main destinations of barley exports from the United States, with a combined 92% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +19.5%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for barley exported from the United States were Canada ($X), Japan ($X) and South Korea ($X), together accounting for 92% of total exports.

Among the main countries of destination, Canada, with a CAGR of +20.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average barley export price amounted to $X per ton, rising by 11% against the previous year. Overall, the export price, however, showed a pronounced downturn. The growth pace was the most rapid in 2018 an increase of 13%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Thailand ($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 Saudi Arabia (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Barley Imports

Imports into the U.S.

In 2022, supplies from abroad of barley increased by 146% to X tons, rising for the third consecutive year after five years of decline. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, barley imports surged to $X in 2022. Overall, imports saw a measured increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of barley to the United States, accounting for a 76% share of total imports. Moreover, barley imports from Canada exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada stood at -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+115.9% per year) and Denmark (+127.1% per year).

In value terms, Canada ($X) constituted the largest supplier of barley to the United States, comprising 73% of total imports. The second position in the ranking was held by Argentina ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+111.9% per year) and Denmark (+108.0% per year).

Import Prices by Country

The average barley import price stood at $X per ton in 2022, growing by 32% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +76.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 34% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :