Barley Prices in Iceland
| Variety | Market level | Price (US$/kg) | Local (ISK) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Farmgate | 0.28 | 39.45 | ▲ 12.9% | ▲ 12.9% | FAOSTAT Producer Prices |
| — | Global benchmark | 0.08 | 11.26 | ▲ 0.0% | ▼ 40.4% | World Bank Pink Sheet |
As of August 2020, the barley price in Iceland is US$ 0.28 per kg (39.45 ISK), up 12.9% year-on-year.
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Barley Price History & Trend
Monthly barley price, US$ per kg — the line grows each month as we record it. Source: FAOSTAT Producer Prices.
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Use this data freely with attribution to Selina Wamucii.
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Iceland barley - Production, Exports, Imports, Seasons and HS Codes
The amount of barley exported by Iceland in 2020 was 1 tonnes. In 2019 Iceland exported small quantities of barley. Through 2019 alone, the market for Iceland barley (cereals/grains category) has , changing by percent compared to the year 2018. Between 2017 and 2019, barley's exports went down by -100% earning Iceland US$0.00m for the year 2019. Iceland's barley exports are categorised as:
- Barley (excluding seed for sowing) (HS code 100390)
- Hulled, pearled, sliced, kibbled or otherwise worked grains of barley (excluding barley flour) (HS code 110421)
- Rolled or flaked grains of barley (HS code 110411)
- Barley (HS code 1003)
- Barley (HS code 100300)
- Barley seed for sowing (HS code 100310)
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Iceland barley export values
In 2019, Iceland shipped barley with a value of 0.00m USD, a decrease of -100.00% from 2018's total barley export of 0.001m USD. The yearly reduction in value of Iceland barley between 2017 to 2018 was -50 pc.
The annual/yearly change in the quantity of Iceland's barley exports between 2017 and 2019 was -100 per cent between 2018 and 2019.
Iceland's portion of the world's total barley's exports in 2019 was 10 pc. Iceland is ranked position 3 in world exports of barley.
Export markets for Iceland barley ( in '000$ )
Iceland's leading export markets for barley are US, Denmark, Canada, France and the Netherlands.
Import/Export Trends
Iceland is a net exporter of barley. The annual growth of Iceland barley in value between 2015 to 2019 was 26%, per year, while annual growth in quantity was 23%, per annum.
Iceland procured 12,654 tonnes of barley in 2019.
Production
The production of barley in Iceland was 47,400 tonnes in 2019 and is estimated to change by an average of 102.56%. The country had an estimated 13,200.00 hectares under barley cultivation.