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E-Malt.com News article: 1792

EU malt export licence bookings for July-October, 2003 are 1.265 million tonnes versus 775,000 tonnes at the same time last year. The comparison is distorted by panic bookings earlier in the campaign, this year's figures neither reflect sales done nor the pace of shipments.

Malt export shipments in 2002 had been more than 2.3 million tonnes, licence bookings during the grain year 2002/03 only 2.0 million tonnes. Maltsters are afraid that exports during 2003/04 may hardly reach the 2 million mark.

Sales to Russia, Japan, Brazil and Venezuela are lagging behind last year's figures. In the larger import markets malt prices have not recovered, since the dumping battle started two months ago. Prices around EUR 250,- FOB Antwerp, in bulk, for two-row spring barley malt and about EUR 5,- less for six-row winter barley malt, are so low that a good number of maltsters decided not to participate in a recent sales round. Those prices leave malting margins in the neighbourhood of only EUR 50,- per ton. One should imagine that the change in the Euro/U.S.$, parity played a major part in the difficulties to sell malt from the EU, but the major wounds were inflicted by competition amongst the Europeans themselves.



(in tonnes) 2000 - 2001 2001 - 2002 2002 - 2003 July
1, 2003 - October 28, 2003 
France 523,190 701,134 661,772 412,150 
Germany 305,980 468,314 408,063 161,018 
Belgium 277,584 296,368 287,850 183,277 
U.K.  254,793 350,621 294,995 317,574 
Finland 65,550 91,890 100,758  42,932 
Denmark  52,326 96,812 94,791 28,210 
Sweden 50,847 101,000 76,916  43,596 
Netherlands 54,835 51,310 66,219 49,721 
Ireland 26,003 35,145 31,140 11,900 
Austria 4,850 8,840 8,620 4,240 
Spain 3,000 2,400 5,640 10,000 
Greece 1,800 1,744 1,306 200 
Portugal 340 221 85 219 
Italy 

Total:  

1,621,098 2,205,799 2,038,157 1,265,037 

 

 Total Wheat malt, tonnes 
Total 2000/2001  4,686 
Total 2001/2002  12,805 
Total 2002/2003  30,908 
July
1/03 – October 28/03  
2,750 
  
 Total Roasted malt, tonnes 
Total 2000/2001
 
23,967 
Total 2001/2002  23,480 
Total 2002/2003  23,603 
July
1/03 – October 28/03  
8,688 


12 November, 2003

   
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