In the five years up to 2019/20, the global trade volume of all grains and oilseeds increased by about 120m metric tons at a 3.5% compound annual growth rate (CAGR). However, the pace of growth decreased when compared to the 6% CAGR, or 160m metric tons, of the previous five years. Although oilseed complex (oilseed, meal, and oil) prices declined during this period, the upside in grain prices, coupled with the total trade volume increase, resulted in a 17% increase in the total value of flows.Read more
Malting Industry Outlook 2030: Structural Implications of Key Beer Trends on the Global Malt Industry
Global malt demand is expected to reach 23.1m metric tons by 2030, a growth of 1.3m metric tons (or 6%) over 2019 pre-Covid levels. “The key factors that will positively impact malt demand are rising malt inclusion rates and beer volumes in emerging markets in their embryonic stage, whereas declines in beer volume in mature markets and emerging-developed markets will negatively impact malt demand,” according to Maria Afonso, Senior Analyst – Grains & Oilseeds. The malt inclusion rate increase will be driven by a rising craft beer segment and by the premiumization of non-craft beer in both types of emerging markets.Read more
Stefan Vogel, global strategist for Grains & Oilseeds, takes his quarterly look...