Northern America: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2025

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in Northern America

In 2021, the North American meat meals and pellets market decreased by -1.4% to $X, falling for the second year in a row after five years of growth. Overall, consumption, however, posted a resilient increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in Northern America

In value terms, meat meals and pellets production dropped slightly to $X in 2021 estimated in export price. Overall, production enjoyed strong growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by 26%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank slightly in the following year.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports in Northern America

For the third year in a row, Northern America recorded growth in shipments abroad of flours, meals and pellets of meat or meat offal, which increased by 2.7% to X tons in 2021. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 101%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, meat meals and pellets exports soared to $X in 2021. Over the period under review, exports showed a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 75% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United States dominates exports structure, reaching X tons, which was near 90% of total exports in 2021. It was distantly followed by Canada (X tons), committing a 9.6% share of total exports.

The United States was also the fastest-growing in terms of the flours, meals and pellets of meat or meat offal exports, with a CAGR of +16.1% from 2012 to 2021. At the same time, Canada (+6.7%) displayed positive paces of growth. The United States (+9 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -9% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest meat meals and pellets supplier in Northern America, comprising 92% of total exports. The second position in the ranking was taken by Canada ($X), with a 7.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +15.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, picking up by 24% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.2%).

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports in Northern America

In 2021, overseas purchases of flours, meals and pellets of meat or meat offal decreased by -10.4% to X tons for the first time since 2015, thus ending a five-year rising trend. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 22%. Over the period under review, imports reached the peak figure at X tons in 2020, and then contracted in the following year.

In value terms, meat meals and pellets imports rose to $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 33% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons) and Canada (X tons) represented roughly 99.9% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +4.9%).

In value terms, the largest meat meals and pellets importing markets in Northern America were the United States ($X) and Canada ($X).

In terms of the main importing countries, Canada, with a CAGR of +8.5%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, surging by 16% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 23%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.4%).

Source: IndexBox Platform

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