Barley Market Overview in the USA
In value terms, barley production reduced notably to $ in . In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the production volume increased by % year-to-year. Barley production peaked at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.
The average yield of barley in the U.S. totaled tonnes per ha in , with an increase of % compared with 2019. The yield figure increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the yield increased by % against the previous year. Over the period under review, the average barley yield reached the maximum level in and is likely to see gradual 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.
The barley harvested area in the U.S. contracted modestly to ha in , which is down by -% on the year before. Over the period under review, the harvested area showed a noticeable slump. The most prominent rate of growth was recorded in 2012 when the harvested area increased by % y-o-y. Over the period under review, the harvested area dedicated to barley production reached the maximum at ha in 2008; however, from 2009 to , the harvested area remained at a lower figure.
The value of the barley market in the U.S. shrank notably to $ in , falling 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). Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption failed to regain the momentum.