The report, titled Barley 2030: Anticipated trends in global barley consumption, summarises important barley markets for Australia and makes recommendations to maximise value for the industry. AEGIC barley markets manager Mary Raynes said it was important for Australian barley growers to have access to a diversity of markets to reduce reliance on a single dominant buyer. "This will involve detailed market analysis, including the value and volume of opportunity, the suitability of Australian barley for key end uses in malt and feed, and any market access constraints". Some potential and current market opportunities for Australian barley include India, Vietnam, Saudi Arabia, Japan, South Korea, South East Asia and the Middle East/North Africa. "China is by far the largest importer of malting barley globally and will remain so towards 2030," she said.
Source: The North Africa Journal September 14, 2020 06:00 UTC