Latin America and the Caribbean: Mustard Flour Market 2020

Mustard Flour Market Size in Latin America and the Caribbean

The revenue of the mustard flour market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total market indicated a remarkable increase 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 mustard flour consumption decreased by -X% against 2014 indices. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. The level of mustard flour consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Mustard Flour Exports in Latin America and the Caribbean

The exports amounted to X tons in 2017, rising by X% against the previous year. The total exports indicated a strong growth from 2007 to 2017: its volume 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 mustard flour exports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. Over the period under review, the mustard flour exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, mustard flour exports amounted to $X in 2017. The total exports indicated a prominent growth 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 mustard flour exports increased by +X% against 2007 indices. Over the period under review, the mustard flour exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Mustard Flour Exports by Country in Latin America and the Caribbean

In 2017, Guatemala (X tons), distantly followed by Brazil (X tons), Peru (X tons), Argentina (X tons), Costa Rica (X tons) and El Salvador (X tons) represented the key exporters of mustard flour and meal, together mixed up X% of total exports. Trinidad and Tobago (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 Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest mustard flour markets worldwide were Guatemala ($X), Brazil ($X) and Peru ($X), together comprising X% of total exports.

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

Mustard Flour Export Prices by Country in Latin America and the Caribbean

The mustard flour export price in Latin America and the Caribbean stood at $X per ton in 2017, picking up by X% against the previous year. The mustard flour export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for mustard flour and meal attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Trinidad and Tobago ($X per ton), while Guatemala ($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 El Salvador (+X% per year), while the other leaders experienced more modest paces of growth.

Mustard Flour Imports in Latin America and the Caribbean

In 2017, approx. X tons of mustard flour and meal were imported in Latin America and the Caribbean; coming 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 most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, mustard flour imports stood at $X in 2017. The total imports indicated a remarkable increase 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 mustard flour imports increased by +X% against 2007 indices. Over the period under review, the mustard flour imports attained its maximum level in 2017, and are likely to see steady growth in the immediate term.

Mustard Flour Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons) was the largest importer for mustard flour and meal, generating X% of total imports. It was distantly followed by Chile (X tons), Colombia (X tons) and El Salvador (X tons), together mixed up X% share of total imports. Brazil (X tons), Panama (X tons), Honduras (X tons), Paraguay (X tons), Nicaragua (X tons), Peru (X tons), the Dominican Republic (X tons) and Costa Rica (X tons) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Chile (+X%), the Dominican Republic (+X%), Peru (+X%), Brazil (+X%), Colombia (+X%), Costa Rica (+X%), Paraguay (+X%), Nicaragua (+X%), Panama (+X%) and El Salvador (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Honduras experienced a relatively flat trend pattern. Peru (-X%), Paraguay (-X%), the Dominican Republic (-X%), Brazil (-X%), Colombia (-X%), Mexico (-X%) and Chile (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, mustard flour imports increased 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: Chile (+X% per year) and Colombia (+X% per year).

Mustard Flour Import Prices by Country in Latin America and the Caribbean

The mustard flour import price in Latin America and the Caribbean stood at $X per ton in 2017, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for mustard flour and meal reached its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Peru ($X per ton), while El Salvador ($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 Honduras (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform