Barley Prices

Barley Prices December 2023

In the fourth quarter of 2023, the price of barley in Italy reached 222 USD/MT by December.

Similarly, in France, the barley prices hit 203 USD/MT in the same month.

Germany also saw barley prices reaching 204 USD/MT during Q4 2023.

Barley Price Trend, Market Analysis, and News

IMARC's latest publication, “Barley Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the barley market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of barley at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed barley price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting barley pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Barley Market Analysis

The global barley market size reached 142.20 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 174.49 Million Tons, at a projected CAGR of 2.30% during 2023-2032.

• Rising health awareness among consumers has heightened the demand for barley due to its beneficial health properties, such as improving digestion and lowering cholesterol levels.
• This trend is supported by the growing popularity of plant-based and whole-grain foods in diets worldwide.
• The increasing use of barley in the brewing industry, particularly for producing beer and craft spirits, continues to propel market growth.
• The increasing number of craft breweries and the expanding consumer palate for diverse beer flavors are significantly promoting the demand for high-quality barley.
• Continual advancements in agricultural practices have led to higher yields and more efficient barley production, further supporting market expansion.
• The development of new barley varieties with enhanced traits such as greater drought resistance and improved nutritional profiles also aligns with global sustainability goals, attracting investment and research interests.
• The expansion of international trade agreements and global market access for agricultural products has opened new doors for barley producers to export their surplus production.
• Countries with strong agricultural sectors are leveraging these opportunities to penetrate new markets, thereby promoting the global barley market.
• The integration of modern farming technologies, such as precision farming and genetically modified crops, has improved barley yields and quality.
• Many governments are promoting barley production through subsidies and incentives as part of their agricultural support policies.
• This governmental push is aimed at enhancing food security and encouraging domestic agricultural activities, which positively impacts the global barley market.
• Barley, being a source of beta-glucans which help in managing diabetes and heart diseases, is seeing increased use in functional food products.
• With the rise of veganism and vegetarianism, particularly in Western markets, there is a growing demand for plant-based proteins and grains.
• Barley, as a nutritious and versatile grain, is becoming a popular choice for meat substitutes and protein-rich plant-based diets, thereby pushing its demand higher in these demographic segments.
• The global expansion of the livestock and aquaculture industries has increased the demand for feed grains, including barley.
• Beyond traditional beer production, barley is finding new applications in the beverage industry, such as in barley water and non-alcoholic beers. These innovative uses are tapping into consumer trends that favor healthier and non-alcoholic drink options, thus opening new markets for barley.

Barley News

The report covers the latest developments, updates, and trends impacting the price of barley, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the barley price trend.

Latest developments in the barley industry:

• On April 19, 2024, Cargill won three 2024 Edison Awards for the second consecutive year, recognizing its innovations in Smart Transportation, Health & Beauty Care Solutions, and Environmental Solutions. These awards celebrate Cargill's impact across diverse sectors.
• On October 3, 2023, EverPro barley protein's effectiveness, showing nearly 70% amino acid uptake, compatibility with pea protein isolate, and fast absorption with no gastrointestinal side effects. This positions EverPro as a leading digestible plant protein on par with whey.
• On May 30, 2024, GrainCorp advances reconciliation efforts with the launch of its Innovate Reconciliation Action Plan (RAP), focusing on education, economic empowerment, and respect. Kameron, a Wiradjuri man, plays a key role in the RAP working group, fostering partnerships with First Nations communities.

Product Description

Barley is a cereal grain that is highly versatile and resistant to adverse conditions and comes from the grass family and is usually cultivated for its grainy structures. Hence, it has been used as a staple food, feed, and in the production of beer for centuries due to its antiquity. The processing of barley is also realized through various steps which include planting of the crop up to the time of harvest and processing. After sowing, barley develops and ripens for a couple of months, it is usually ready for harvesting when its seeds have ripened, dried, and attained their hard state. After the harvest, the grain is cleansed and classified based on size then may be rendered in various forms such as pearled barley, barley flakes, or malt.

Barley is quite important, being useful in place of various weather and types of fertile ground, thus it occupies one of the leading positions in world agriculture. It is nutritionally very healthy and packed with fiber, vitamins, minerals, and antioxidants, which aids digestion, lowers cholesterol, and helps in maintaining heart health. The soluble fibers in barley particularly the beta-glucan have the benefit of supplementing on the control of blood glucose. However, when it comes to its uses, barley can be described as a quite universal product. Its most well-known application is in the production of malt for beer production and in whiskey distillery. It is also used in animal feed, which makes it vital in feeding livestock since it is a source of food.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the barley price trend.

Global Barley Price

The report offers a holistic view of the global barley pricing trends in the form of barley price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of barley, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed barley demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Barley Price

European barley prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for barley can also be provided for an extensive list of European countries.

North America Barley Price

The analysis of barley prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific barley historical data within the United States and Canada can also be provided.

Middle East and Africa Barley Price

The report explores the barley pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Barley Price

The barley pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This barley price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Barley Price

The analysis of barley prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of barley pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting barley price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The barley price charts ensure our clients remain at the forefront of the industry.