Barley Market Overview in Italy
In value terms, barley production fell sharply to $ in estimated in export prices. Overall, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. Barley production peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
In , the average yield of barley in Italy amounted to tonnes per ha, standing approx. at the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2012 when the yield increased by % y-o-y. Over the period under review, the average barley yield reached the peak level in and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the barley harvested area in Italy dropped to ha, waning by -% against 2019. Overall, the harvested area recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the harvested area increased by % 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 Italy reduced notably to $ in , waning 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). Overall, consumption showed a noticeable downturn. The growth pace was the most rapid in 2013 when the market value increased by % y-o-y. Over the period under review, the market attained the peak level at $ in 2008; however, from 2009 to , consumption failed to regain the momentum.