Global Barley Market Outlook
Global barley production amounted to 152,331 thousand tonnes in 2015, rising by +5.4% against the previous year level. Overall, the global barley output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2008, when the output figure increased by +15% from the previous year level. In that year, the global barley production reached its maximum volume, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global barley production was primarily driven by popularity of healthy eating and growth of population. Furthermore, these key drivers are expected to continue promoting the barley output in the immediate term. This general positive trend was largely conditioned by a noticeable curtailment of the harvested area and solid gains of the yield figures.
The countries with the highest levels of production in 2015 were Russia (23,087 thousand tonnes), Germany (11,937 thousand tonnes), France (11,512 thousand tonnes), together accounting for 31% of total output. From 2007 to 2015, the most notable growth rates in almond production among the main producing countries was attained by Russia (+5.1% per year), while the other global leaders experienced more modest paces of growth.
The world barley harvested area amounted to 49,562 thousand ha in 2015, which was almost equal to the previous year figure. The harvested area indicated a pronounced contraction over the period under review, declining by an average annual rate of -1.5% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total barley harvested area peaked in 2007, declining in the following year. From 2008 to 2015, the total barley harvested area fluctuated at lower levels.
The global average barley yield amounted to 31 thousand hg/ha in 2015, rising by 5.1% from the previous year figure. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +3.1% from 2007 to 2015. However, the yield levels displayed some little fluctuations over the recent years. The highest barley yields were recorded in 2015. Albeit an intensification of modern agricultural technics use, the future yield figures subject to a substantional risk of adverse weather conditions.
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