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Written by Robert Thomas » Updated on: July 02nd, 2024
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.
The latest report by IMARC Group, titled "Barley Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of barley price trend. This report delves into the price of barley globally, presenting a detailed analysis, along with informative barley price chart. Through comprehensive barley price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the barley demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Barley Prices December 2023:
Report Offering:
The study delves into the factors affecting barley price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/barley-pricing-report/requestsample
Barley Price Trend- Q4 2023
The barley market is primarily driven by the increasing demand from the brewing industry, where barley is a critical ingredient for producing beer and whiskey, accounting for a significant portion of global barley consumption. The rise in craft breweries and the popularity of specialty beers further amplify this demand. Additionally, the health benefits of barley, such as its high fiber content, antioxidants, and essential nutrients, are driving its inclusion in health foods and functional beverages, appealing to health-conscious consumers. The livestock feed sector also significantly contributes to the market, as barley is a nutritious feed component for cattle, pigs, and poultry, particularly in regions with robust meat production industries. Trends in the barley market include a growing emphasis on sustainable and organic farming practices, reflecting broader consumer preferences for environmentally friendly and health-oriented products.
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. The first half of 2023 witnessed a range of barley prices in the Asia-Pacific area. For the majority of the specified period, prices were high due to India's unseasonal weather fluctuations that upset the crop cycle and ruined sowed crops, driving up prices. In Australia, on the other hand, lower production outputs due to a comparable disturbed weather cycle led to an inclined price trend and lower exports. Overall, crop output and atypical weather variations had a significant impact on barley prices. In the first half of 2023, barley prices in European marketplaces have been erratic. As supply systems became more efficient, barley prices began to stabilize. Additionally, the Black Sea agreement—which covered Russia, Ukraine, Turkey, and the UN—persisted during the H1 period and allowed market access to Ukrainian grain supplies, lowering prices as supply and product variety increased. While remaining mostly unchanged, barley prices in the US domestic market were higher than those of the previous season. Due to complicated logistics, crop losses from extreme weather, and an increase in global inflation, prices continued to fluctuate sharply.
Browse Full Report: https://www.imarcgroup.com/barley-pricing-report
Key Points Covered in the Barley Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
Regional Price Analysis:
Browse More Pricing Reports by IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
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