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Import News
21-03-2024
Malt, being a crucial ingredient for producing beer, whisky, and other alcoholic beverages, is in high demand worldwide. In this article, we will carefully examine the main import markets for malt based on the import values of 2023.
1. Brazil - $9.363 billion
Brazil stands as the largest malt import market globally, with an import value of $9.363 billion in 2023. The country has a robust beer market, consuming a significant amount of malt for beer production.
2. Mexico - $4.049 billion
Mexico ranks second, with an import value of $4.049 billion in 2023. Renowned for its love for beer, malt is a key component in Mexican beer production.
3. Japan - $3.884 billion
Japan is another major malt import market, with an expected import value of $3.884 billion in 2023. The country's beer market is thriving, and malt is an essential component of Japanese beer production.
4. United States - $2.936 billion
The United States is a significant participant in the global malt import market, with an import value of $2.936 billion in 2023. The country has a strong craft beer industry, driving demand for malt.
5. Belgium - $2.189 billion
Belgium is another major import market for malt, with an expected import value of $2.189 billion in 2023. Renowned for its diverse range of beers, many of which are made primarily from malt.
6. Thailand - $2.012 billion
Thailand is a growing malt market, with an import value expected to reach $2.012 billion in 2023. The country's beer industry is rapidly expanding, leading to increased demand for malt.
7. Vietnam - $1.927 billion
Vietnam is also an important malt import market, with an expected import value of $1.927 billion in 2023. The country's beer market is continuously growing, generating strong demand for malt.
8. Netherlands - $1.742 billion
The Netherlands is an important malt import market, with an import value of $1.742 billion in 2023. Renowned for its beer production, malt is a key ingredient in many Dutch beers.
9. Poland - $1.635 billion
Poland is a major participant in the global malt import market, with an expected import value of $1.635 billion in 2023. The country's beer industry is highly developed, and malt is an important component of Polish beer.
10. Italy - $1.547 billion
Italy ranks among the top ten malt import markets with an import value of $1.547 billion in 2023. The country's beer market is steadily growing, leading to increased demand for malt.
Overall, based on the import values of 2023, these countries represent the largest import markets for malt. With the continuous growth in global demand for beer and other alcoholic beverages, it is expected that the malt import market will further expand in the coming years.
How to Further Explore the Growth Direction of the Global Malt Market? Utilize Global Malt Data!
1. Identify Key Market Regions:
- Analyze global trade through global malt data to determine the countries or regions with the highest import volume and value of malt globally.
- Analyze trading trends and buyer-seller trends through global malt data to observe changes in the volume and value of global malt trade over time and the increase or decrease in the number of buyers and sellers, understanding the growth or contraction of the market.
2. Competitive Environment Analysis:
- Summarize and analyze suppliers in the global malt data to view the number of suppliers of global malt in key target countries and their market shares, understanding the competitive environment and potential competitors.
- Evaluate the pricing of competitors to assess the pricing level of similar products in the market, thus formulating competitive pricing strategies.
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