Latin America and the Caribbean: Flour And Meal Market 2020

Flour And Meal Market Size in Latin America and the Caribbean

The revenue of the flour and meal market in Latin America and the Caribbean amounted to $X in 2017, reducing by -X% against the previous year. The flour and meal consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. In that year, the flour and meal market reached their peak level of $X. From 2015 to 2017, growth of the flour and meal market failed to regain its momentum.

Flour And Meal Production in Latin America and the Caribbean

The flour and meal production stood at X tons in 2017, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. Over the period under review, the flour and meal production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Flour And Meal Exports in Latin America and the Caribbean

In 2017, flour and meal exports in Latin America and the Caribbean amounted to X tons, jumping by X% against the previous year. The flour and meal exports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. Over the period under review, the flour and meal exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, flour and meal exports totaled $X in 2017. The flour and meal exports continue to indicate a prominent expansion. Over the period under review, the flour and meal exports reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Flour And Meal Exports by Country in Latin America and the Caribbean

Chile (X tons) and Brazil (X tons) represented roughly X% of total exports of flour and meal in 2017. It was distantly followed by Peru (X tons) and Honduras (X tons), together creating X% share of total exports. Costa Rica (X tons), Ecuador (X tons) and Argentina (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Honduras (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Argentina, Ecuador, Costa Rica and Honduras lagged somewhat behind, together accounting for a further X%.

Honduras (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Flour And Meal Export Prices by Country in Latin America and the Caribbean

In 2017, the flour and meal export price in Latin America and the Caribbean amounted to $X per ton, dropping by -X% against the previous year. The flour and meal export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. In that year, the export prices for flour and meal reached their peak level of $X per ton. From 2015 to 2017, growth of the export prices for flour and meal failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Peru ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Argentina (+X% per year), while the other leaders experienced more modest paces of growth.

Flour And Meal Imports in Latin America and the Caribbean

In 2017, the amount of flour and meal imported in Latin America and the Caribbean totaled X tons, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2017, when imports increased by X% y-o-y. In that year, the flour and meal imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, flour and meal imports totaled $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the flour and meal imports increased by +X% against 2007 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Flour And Meal Imports by Country in Latin America and the Caribbean

Chile was the main importer of flour and meal in Latin America and the Caribbean, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Jamaica (X tons), Mexico (X tons) and Trinidad and Tobago (X tons), together creating X% share of total imports. The following importers - Uruguay (X tons), Venezuela (X tons), Brazil (X tons), Argentina (X tons), Belize (X tons), Bahamas (X tons) and the Dominican Republic (X tons) together made up X% of total imports.

Imports into Chile increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%), Argentina (+X%), Trinidad and Tobago (+X%), Jamaica (+X%), Belize (+X%), the Dominican Republic (+X%) and Venezuela (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Mexico (-X%), Uruguay (-X%) and Bahamas (-X%) illustrated a downward trend over the same period. While the share of Bahamas (X%) and Uruguay (X%) increased significantly in terms of the global imports from 2007-2017, the share of Argentina (-X%), Brazil (-X%), Trinidad and Tobago (-X%), Jamaica (-X%) and Chile (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Jamaica ($X) constitutes the largest market for imported flour and meal in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

In Jamaica, flour and meal imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Chile (+X% per year).

Flour And Meal Import Prices by Country in Latin America and the Caribbean

The flour and meal import price in Latin America and the Caribbean stood at $X per ton in 2017, coming down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belize ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bahamas (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform