Latin America and the Caribbean: Wheat Bran Market 2025

Wheat Bran Market Size in Latin America and the Caribbean

The Latin American wheat bran market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a slight contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Wheat Bran Production in Latin America and the Caribbean

In value terms, wheat bran production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Wheat Bran Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of wheat bran were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a mild slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, wheat bran exports soared to $X in 2022. Overall, exports showed a mild increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X tons) and Argentina (X tons) were the largest exporters of wheat bran in 2022, finishing at approx. X% and X% of total exports, respectively. The Dominican Republic (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Nicaragua (X%). El Salvador (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Argentina ($X) and the Dominican Republic ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Nicaragua and El Salvador lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, El Salvador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat bran export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (X%), while the other leaders experienced more modest paces of growth.

Wheat Bran Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of wheat bran were imported in Latin America and the Caribbean; with an increase of X% compared with 2021. Overall, imports, however, recorded a mild decrease. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, wheat bran imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Ecuador (X tons) and Uruguay (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Colombia (X tons) and Honduras (X tons), together mixing up a X% share of total imports. The following importers - Chile (X tons), Haiti (X tons) and Mexico (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Honduras (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat bran importing markets in Latin America and the Caribbean were Ecuador ($X), Uruguay ($X) and Colombia ($X), together accounting for X% of total imports. Mexico, Chile, Honduras and Haiti lagged somewhat behind, together accounting for a further X%.

Honduras, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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