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Barley Market 2024, Global Trends, Opportunity and Growth Analysis Forecast by 2030
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Barley Market 2024, Global Trends, Opportunity and Growth Analysis Forecast by 2030
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According to the report, in 2019, China imported 5.93 million tons of barley, worth USD 1.56 billion.
According to the analyst, with the development of the feed and beer industries, China has a large consumption scale of barley, while the domestic supply was only around 1 million tons per year, which leads to high import dependence. The annual production of barley has been decreasing year by year, and even only 956.50 kilotons in 2018. The main reasons are that the cultivated land decreased, and farmers turned to plant other higher-value grain, such as wheat. Chinese farmers do not have large-scale planting and unified field management as foreign farmers, thus imported barley has an obvious price advantage over domestic barley.
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