When it comes to malt, there is a high demand for this ingredient in various countries around the world. Malt is a key ingredient in the production of beer, whiskey, and other alcoholic beverages. In this article, we will take a closer look at the top import markets for malt based on the import value in 2023.

1. Brazil – $936.3 Million USD

Brazil takes the top spot as the world’s leading import market for malt with an import value of $936.3 million USD in 2023. The country has a strong beer market and consumes a significant amount of malt for beer production.

2. Mexico – $404.9 Million USD

Mexico comes in second place with an import value of $404.9 million USD in 2023. The country is known for its love of beer and malt is a key ingredient in the production of Mexican beers.

3. Japan – $388.4 Million USD

Japan is another top import market for malt with an import value of $388.4 million USD in 2023. The country has a thriving beer market and malt is a crucial component in the production of Japanese beers.

4. United States – $293.6 Million USD

The United States is a major player in the global malt import market with an import value of $293.6 million USD in 2023. The country has a strong craft beer industry which drives the demand for malt.

5. Belgium – $218.9 Million USD

Belgium is another key import market for malt with an import value of $218.9 million USD in 2023. The country is famous for its wide variety of beers, many of which are made using malt as a key ingredient.

6. Thailand – $201.2 Million USD

Thailand is a growing market for malt with an import value of $201.2 million USD in 2023. The country’s beer industry is expanding rapidly, leading to an increased demand for malt.

7. Vietnam – $192.7 Million USD

Vietnam is also a significant import market for malt with an import value of $192.7 million USD in 2023. The country’s beer market is growing, creating a strong demand for malt.

8. Netherlands – $174.2 Million USD

The Netherlands is an important import market for malt with an import value of $174.2 million USD in 2023. The country is known for its beer production and malt is a key ingredient in many Dutch beers.

9. Poland – $163.5 Million USD

Poland is a key player in the global malt import market with an import value of $163.5 million USD in 2023. The country’s beer industry is well-established and malt is a crucial ingredient in Polish beers.

10. Italy – $154.7 Million USD

Italy rounds out the top 10 import markets for malt with an import value of $154.7 million USD in 2023. The country’s beer market is growing steadily, leading to an increased demand for malt. Overall, these countries represent the top import markets for malt based on import value in 2023. As the global demand for beer and other alcoholic beverages continues to rise, the import market for malt is expected to expand further in the coming years.

Source: IndexBox Market Intelligence Platform