Barley Market Overview in Canada
In value terms, barley production contracted to $ in estimated in export prices. In general, production recorded a mild curtailment. The most prominent rate of growth was recorded in 2011 when the production volume increased by % year-to-year. Barley production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.
In , the average yield of barley in Canada amounted to tonnes per ha, surging by % on the previous year's figure. The yield figure increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when the yield increased by % against the previous year. The barley yield peaked at tonnes per ha in 2016; afterwards, it flattened through to . Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , approx. ha of barley were harvested in Canada; waning by -% on 2019 figures. In general, the harvested area saw a pronounced reduction. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. The barley harvested area peaked at ha in 2007; however, from 2008 to , the harvested area stood at a somewhat lower figure.
The value of the barley market in Canada contracted to $ in , shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a slight contraction. The pace of growth was the most pronounced in 2013 when the market value increased by % y-o-y. As a result, consumption reached the peak level of $. from 2014 to , the growth of the market remained at a somewhat lower figure.