MERCOSUR: Rye Market 2025

Rye Market Size in MERCOSUR

The MERCOSUR rye market stood at $X in 2022, growing by 1.8% against the previous year. Overall, consumption, however, posted a buoyant increase. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Rye Production in MERCOSUR

In value terms, rye production soared to $X in 2022 estimated in export price. In general, production, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2015 with an increase of 200%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of rye production was Argentina (X tons), accounting for 89% of total volume. Moreover, rye production in Argentina exceeded the figures recorded by the second-largest producer, Brazil (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in Argentina stood at +11.1%. The remaining producing countries recorded the following average annual rates of production growth: Brazil (+2.5% per year) and Chile (-1.7% per year).

The average rye yield was estimated at X tons per ha in 2022, with an increase of 1.6% on the year before. Over the period under review, the yield, however, saw a mild decrease. The most prominent rate of growth was recorded in 2015 when the yield increased by 12%. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rye were harvested in MERCOSUR; which is down by -10% on the year before. In general, the harvested area, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 55%. The level of harvested area peaked at X ha in 2021, and then reduced in the following year.

Rye Exports

Exports in MERCOSUR

In 2022, overseas shipments of rye were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2016 when exports increased by 113% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, rye exports surged to $X in 2022. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2013 when exports increased by 82%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina was the key exporting country with an export of about X tons, which amounted to 81% of total exports. It was distantly followed by Brazil (X tons), generating a 19% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to rye exports from Argentina stood at -8.6%. At the same time, Brazil (+53.0%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +53.0% from 2012-2022. While the share of Brazil (+18 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Argentina (-18.5 p.p.) displayed negative dynamics.

In value terms, Argentina ($X) remains the largest rye supplier in MERCOSUR, comprising 82% of total exports. The second position in the ranking was held by Brazil ($X), with an 18% share of total exports.

In Argentina, rye exports declined by an average annual rate of -10.7% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, rising by 35% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2020 an increase of 142% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (-2.3%).

Rye Imports

Imports in MERCOSUR

In 2022, overseas purchases of rye increased by 32% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2018 when imports increased by 366%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, rye imports skyrocketed to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 229% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Chile was the major importing country with an import of around X tons, which finished at 60% of total imports. It was distantly followed by Colombia (X tons), Uruguay (X tons) and Brazil (X tons), together generating a 38% share of total imports. Argentina (X tons) took a relatively small share of total imports.

Chile was also the fastest-growing in terms of the rye imports, with a CAGR of -1.1% from 2012 to 2022. Uruguay (-1.4%), Argentina (-4.4%), Colombia (-5.1%) and Brazil (-13.4%) illustrated a downward trend over the same period. While the share of Chile (+14 p.p.), Uruguay (+2.7 p.p.) and Argentina (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (-3 p.p.) and Brazil (-15.2 p.p.) displayed negative dynamics.

In value terms, Chile ($X) constitutes the largest market for imported rye in MERCOSUR, comprising 63% of total imports. The second position in the ranking was taken by Colombia ($X), with a 13% share of total imports. It was followed by Brazil, with a 10% share.

In Chile, rye imports expanded at an average annual rate of +4.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (-4.9% per year) and Brazil (-11.7% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, increasing by 14% against the previous year. Import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rye import price increased by +101.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by 75% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform