Northern America: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in Northern America

The North American non-wheat groats market was estimated at $X in 2021, picking up by 6.1% against the previous year. Overall, consumption, however, saw a perceptible shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Non-Wheat Groats Production in Northern America

In value terms, non-wheat groats production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible contraction. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Non-Wheat Groats Exports

Exports in Northern America

In 2021, shipments abroad of groats and meal of cereals (excluding wheat) decreased by -6.1% to X tons for the first time since 2018, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 18% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-wheat groats exports amounted to $X in 2021. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when exports increased by 15% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

In 2021, Canada (X tons) was the main exporter of groats and meal of cereals (excluding wheat), making up 67% of total exports. It was distantly followed by the United States (X tons), constituting a 33% share of total exports.

Canada was also the fastest-growing in terms of the groats and meal of cereals (excluding wheat) exports, with a CAGR of +3.7% from 2012 to 2021. The United States (-1.9%) illustrated a downward trend over the same period. Canada (+12 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -11.8% from 2012 to 2021, respectively.

In value terms, Canada ($X) remains the largest non-wheat groats supplier in Northern America, comprising 67% of total exports. The second position in the ranking was held by the United States ($X), with a 33% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Canada stood at +5.2%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, picking up by 17% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably 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 stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.5%).

Non-Wheat Groats Imports

Imports in Northern America

In 2021, after two years of growth, there was significant decline in overseas purchases of groats and meal of cereals (excluding wheat), when their volume decreased by -8.7% to X tons. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 24%. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, non-wheat groats imports rose markedly to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 16% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

The United States was the largest importer of groats and meal of cereals (excluding wheat) in Northern America, with the volume of imports recording X tons, which was approx. 83% of total imports in 2021. It was distantly followed by Canada (X tons), constituting a 17% share of total imports.

Imports into the United States increased at an average annual rate of +1.8% from 2012 to 2021. At the same time, Canada (+4.8%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.8% from 2012-2021. While the share of Canada (+3.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-3.3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported groats and meal of cereals (excluding wheat) in Northern America, comprising 85% of total imports. The second position in the ranking was held by Canada ($X), with a 15% share of total imports.

In the United States, non-wheat groats imports expanded at an average annual rate of +3.5% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 20% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, 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 (+1.7%).

Source: IndexBox Platform

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