Bran, sharps and residues from cereal or legume processing market in Central America

Earlier Report Observations

Between 2018 and 2020, the market volume for bran, sharps and residues from cereal or legume processing in Central America increased from 3 348 thousand tonnes to 3 706 thousand tonnes. This growth was driven by the diversification of production units towards fruits, vegetables and legumes, which expanded overall agricultural processing and boosted the generation of by-products. Additionally, the implementation of national plans like the National Composting Plan 2020–2050 and the National Bioeconomy Strategy 2020–2030 promoted sustainable waste management, raising demand for these materials in bioeconomic applications.

After 2020, market growth slowed, with volume stabilizing around 3 700 thousand tonnes in 2021 before declining slightly to 3 688 thousand tonnes in 2022 and to 3 598 thousand tonnes in 2023. During this period, shifting consumer preferences towards natural and organic products stimulated local enterprises using bran and residues, supported by incubators such as TEC Emprende Lab in Costa Rica. Regulatory changes concerning food labeling, influenced by international standards, required adaptation from producers, while the active presence of multinational companies and cooperatives continued to diversify the market.

Production bran, sharps and residues from cereal or legume processing in Central America

In kind, 2017-2020, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

Central America's production of bran, sharps, and residues from cereal or legume processing has increased for the third consecutive year. In 2020, the region produced 3 661 K t of these products, marking a modest year-over-year gain of 4.7%. From 2017 to 2020, production grew by 13.7%, with a compound annual growth rate (CAGR) of 4.4%.

Annual dynamics of production in Central America in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The production value of bran, sharps, and residues from cereal or legume processing in Central America has risen for the third year in a row. In 2020, output was valued at 813.6 M $ US, reflecting a slight year-over-year increase of 5.5%. Between 2017 and 2020, production value increased by 21.9%, equating to an annualized growth rate of 6.8%.

Annual dynamics of production in Central America in value, 2017-2020, M $ US

Exports bran, sharps and residues from cereal or legume processing from Central America

Exports in kind, K t

Central America's exports of bran, sharps, and residues from cereal or legume processing have grown for the third consecutive year. In 2020, exports totaled 44.9 K t, representing a 7.4% increase compared to the previous year. From 2017 to 2020, exports surged by 183.8%, with an annualized growth rate of 41.6%.

Annual dynamics of product's exports from Central America in kind, 2017-2020, K t

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Central America in kind, 2017-2020

Exports in value, K $ US

Export deliveries of bran, sharps, and residues from cereal or legume processing from Central America have increased for the third year in a row. In 2020, the region exported 9 970 K $ US worth of these products, showing a moderate year-over-year rise of 8.3%. Over the period from 2017 to 2020, export value grew by 204.3%, with a compound annual growth rate (CAGR) of 44.9%.

Annual dynamics of product's exports from Central America in value, 2017-2020, K $ US

From 2017 to 2020, the United States was the primary market for Central America's bran, sharps, and residues from cereal or legume processing, accounting for 1.7% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Central America in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Central America

Imports in kind, K t

Imports of foreign bran, sharps, and residues from cereal or legume processing into Central America have declined for the third consecutive year. In 2020, imports reached 90.2 K t, down 14.6% from 2019. Between 2017 and 2020, imports decreased by 27%, with an annualized decline rate of 10.0%.

Annual dynamics of product's imports to Central America in kind, 2017-2020, K t

During 2017–2020, the United States (64.5% of imports in kind), Nigeria (3.2% of imports in kind), and Guyana (2.8% of imports in kind) together accounted for 70.4% of total imports in kind of bran, sharps, and residues from cereal or legume processing to Central America, making them the main sources.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Central America in kind, 2017-2020

Imports in value, K $ US

Import volumes of bran, sharps, and residues from cereal or legume processing into Central America have fallen for the third year in a row. In 2020, imports amounted to 19 662 K $ US, indicating a significant year-over-year drop of 24.5%. From 2017 to 2020, import value decreased by 29.2%, with a compound annual decline rate (CAGR) of 10.9%.

Annual dynamics of product's imports to Central America in value, 2017-2020, K $ US

From 2017 to 2020, the United States remained the key source for bran, sharps, and residues from cereal or legume processing to Central America, representing 74.7% of total imports in value terms, while other destinations played a much smaller role.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Central America in value, 2017-2020