Latin America and the Caribbean: Wheat Pellets Market 2020

Wheat Pellets Market Size in Latin America and the Caribbean

The revenue of the wheat pellets market in Latin America and the Caribbean amounted to $X in 2017, coming down by -X% against the previous year. The wheat pellets consumption continues to indicate a measured descent. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. The level of wheat pellets consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Wheat Pellets Production in Latin America and the Caribbean

In 2017, the amount of wheat pellets produced in Latin America and the Caribbean amounted to X tons, 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 somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the wheat pellets production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Wheat Pellets Exports in Latin America and the Caribbean

In 2017, approx. X tons of wheat pellets were exported in Latin America and the Caribbean; surging by X% against the previous year. The wheat pellets exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the wheat pellets exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, wheat pellets exports totaled $X in 2017. The wheat pellets exports continue to indicate a prominent expansion. In that year, the wheat pellets exports attained their peak level, and are likely to continue its growth in the immediate term.

Wheat Pellets Exports by Country in Latin America and the Caribbean

Mexico was the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Belize (X tons), making up X% share of total exports.

Mexico was also the fastest growing in terms of the wheat pellets exports, with a CAGR of +X% from 2007 to 2017. Belize (-X%) illustrated a downward trend over the same period. While the share of Belize (X%) increased significantly in terms of the global exports from 2007-2017, the share of Mexico (-X%) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest wheat pellets supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Belize ($X), with a X% share of global exports.

In Mexico, wheat pellets exports increased at an average annual rate of +X% over the period from 2007-2017.

Wheat Pellets Export Prices by Country in Latin America and the Caribbean

The wheat pellets export 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 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for wheat pellets attained its maximum level of $X per ton in 2012; however, from 2013 to 2017, it 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 Mexico ($X per ton), while Belize ($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 Mexico (+X% per year).

Wheat Pellets Imports in Latin America and the Caribbean

In 2017, the amount of wheat pellets imported in Latin America and the Caribbean totaled X tons, approximately mirroring the previous year. The total imports 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 wheat pellets imports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2014, when imports increased by X% against the previous year. The volume of imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, wheat pellets imports amounted to $X in 2017. The total imports indicated a strong 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 wheat pellets imports decreased by -X% against 2015 indices. Over the period under review, the wheat pellets imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Wheat Pellets Imports by Country in Latin America and the Caribbean

Guatemala (X tons) and Colombia (X tons) dominates wheat pellets imports structure, together creating X% of total imports. It was distantly followed by Peru (X tons), making up X% share of total imports. Brazil (X tons), El Salvador (X tons), Ecuador (X tons), Venezuela (X tons), Nicaragua (X tons), Costa Rica (X tons) and Honduras (X tons) held the mild share of total imports.

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

In value terms, Guatemala ($X), Colombia ($X) and Peru ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Peru (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Wheat Pellets Import Prices by Country in Latin America and the Caribbean

In 2017, the wheat pellets import price in Latin America and the Caribbean amounted to $X per ton, lowering by -X% against the previous year. The wheat pellets import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. Over the period under review, the import prices for wheat pellets reached its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Venezuela ($X per ton), while Honduras ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform