Canada: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Canada

In 2021, the Canadian non-wheat groats market decreased by -3.3% to $X, falling for the fifth consecutive year after two years of growth. In general, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Non-Wheat Groats Production in Canada

In value terms, non-wheat groats production contracted to $X in 2021 estimated in export price. In general, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Non-Wheat Groats Exports

Exports from Canada

In 2021, after two years of growth, there was decline in shipments abroad of groats and meal of cereals (excluding wheat), when their volume decreased by -2.3% to X tons. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 21% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, non-wheat groats exports surged to $X in 2021. The total export value increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 23%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for non-wheat groats exports from Canada, accounting for a 80% share of total exports. Moreover, non-wheat groats exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +2.5%.

In value terms, the United States ($X) remains the key foreign market for groats and meal of cereals (excluding wheat) exports from Canada, comprising 83% of total exports. The second position in the ranking was taken by Mexico ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +4.5%.

Export Prices by Country

The average non-wheat groats export price stood at $X per ton in 2021, increasing by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Mexico totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.0%).

Non-Wheat Groats Imports

Imports into Canada

In 2021, approx. X tons of groats and meal of cereals (excluding wheat) were imported into Canada; waning by -3.8% compared with 2020 figures. Over the period under review, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, non-wheat groats imports fell to $X in 2021. Overall, imports, however, saw a slight increase. The pace of growth appeared the most rapid in 2016 with an increase of 14%. Imports peaked at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, the United States (X tons) was the main non-wheat groats supplier to Canada, with a 94% share of total imports. It was followed by Mexico (X tons), with a 2.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +4.5%.

In value terms, the United States ($X) constituted the largest supplier of groats and meal of cereals (excluding wheat) to Canada, comprising 93% of total imports. The second position in the ranking was taken by Mexico ($X), with a 1.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest.

Import Prices by Country

In 2021, the average non-wheat groats import price amounted to $X per ton, surging by 2.1% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Mexico amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.5%).

Source: IndexBox Platform

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