Uruguay: Barley Market 2025

Barley Market Size in Uruguay

For the third year in a row, the Uruguayan barley market recorded decline in sales value, which decreased by -25.5% to $X in 2022. In general, consumption recorded a mild descent. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Barley Production in Uruguay

In value terms, barley production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a tangible increase. The pace of growth appeared the most rapid in 2016 with an increase of 79% against the previous year. Barley production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average yield of barley in Uruguay contracted to X tons per ha, with a decrease of -10.9% compared with the year before. Overall, the yield, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when the yield increased by 74%. The barley yield peaked at X tons per ha in 2021, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The barley harvested area in Uruguay shrank to X ha in 2022, with a decrease of -5.6% against the year before. In general, the harvested area, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2017 with an increase of 105% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the barley harvested area remained at a lower figure.

Barley Exports

Exports from Uruguay

Barley exports from Uruguay skyrocketed to X tons in 2022, jumping by 17% against the previous year. In general, exports saw significant growth. The growth pace was the most rapid in 2013 when exports increased by 6,766%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, barley exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 4,370%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Free Zones (X tons) was the main destination for barley exports from Uruguay, with a 61% share of total exports. Moreover, barley exports to Free Zones exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold. The third position in this ranking was taken by China (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones stood at +91.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and China (-47.4% per year).

In value terms, Free Zones ($X) emerged as the key foreign market for barley exports from Uruguay, comprising 58% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total exports. It was followed by Brazil, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Free Zones amounted to +80.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Brazil (+279.5% per year).

Export Prices by Country

The average barley export price stood at $X per ton in 2022, remaining constant against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per ton) and Brazil ($X per ton), while the average price for exports to Iraq ($X per ton) and Free Zones ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Barley Imports

Imports into Uruguay

Barley imports into Uruguay contracted markedly to X tons in 2022, with a decrease of -99.4% compared with 2021. Overall, imports faced a significant decline. The most prominent rate of growth was recorded in 2018 when imports increased by 682%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, barley imports shrank notably to $X in 2022. In general, imports saw a precipitous decline. The growth pace was the most rapid in 2018 with an increase of 651%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest barley supplier to Uruguay, accounting for a 71% share of total imports. Moreover, barley imports from Argentina exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Argentina totaled -45.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+98.1% per year) and Germany (-22.5% per year).

In value terms, Argentina ($X) constituted the largest supplier of barley to Uruguay, comprising 61% of total imports. The second position in the ranking was taken by France ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina totaled -42.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+113.6% per year) and Germany (-18.8% per year).

Import Prices by Country

In 2022, the average barley import price amounted to $X per ton, jumping by 66% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth was the most pronounced in 2020 an increase of 111%. The import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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