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

Earlier Report Observations

From 2018 to 2023, the South American market for bran, sharps and residues experienced significant fluctuations in volume. The market contracted notably in 2019 to 6.3 million tons before recovering to 6.9 million tons in 2020 and then surging to a peak of over 7.7 million tons in 2021. This was followed by a decline back to approximately 6.9 million tons in 2022 and a modest increase to just under 7.0 million tons in 2023.

Domestic production remained robust, consistently above 8.5 million tons and peaking at 8.8 million tons in 2021. The substantial volatility in market size was primarily driven by large swings in export volumes. High exports of nearly 2.5 million tons in 2019 limited domestic supply, while a sharp export drop to 1.3 million tons in 2021 was a key contributor to the record-high market volume that year. Imports varied within a narrower band, between 250 and 310 thousand tons.

Preliminary trade data for 2024 indicates exports fell further to 1.9 million tons, while imports declined to 215 thousand tons. The consistent high level of production throughout the period provided a stable base for the market, with trade flows acting as the main variable determining domestic availability.

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

South America's production of bran, sharps, and residues from cereal or legume processing has grown for the third year in a row. In 2020, the region produced 8 595 K t, marking a 0.9% increase from 2019. From 2017 to 2020, production rose by 5.6%, averaging an annual growth rate of 1.8%.

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

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

Exports in kind, K t

In 2020, South America's exports of bran, sharps, and residues from cereal or legume processing totaled 1 992 K t, a 19.1% decrease from the previous year. Over the 2017-2020 period, exports fell by 10.4%, with a compound annual growth rate of -3.6%. The lowest volume was in 2018 at 1 885 K t, while the peak occurred in 2019 with 2 461 K t. The most significant increase was in 2019, up 30.6%.

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

From 2017 to 2020, South America's exports of bran, sharps, and residues from cereal or legume processing showed low concentration. The top three destinations—the United Kingdom (17.9% of exports), Ireland (15.2%), and the Netherlands (12.2%)—accounted for only 45.3% of total flows.

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

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

Exports in value, M $ US

South America's export value of bran, sharps, and residues from cereal or legume processing declined for the second consecutive year. In 2020, exports amounted to 294.2 M $ US, down 6.5% year-over-year. Between 2017 and 2020, exports increased by 4.7%, averaging an annual growth rate of 1.5%. The highest value was in 2018 at 323.3 M $ US, with the largest increase that year of 15.1%.

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

During 2017-2020, the United Kingdom (18.2% of export value), Ireland (15.4%), and the Netherlands (12.2%) were key buyers of bran, sharps, and residues from cereal or legume processing from South America. However, their combined share was just 45.8% of total export value, with the remaining 54.2% spread across numerous other partners.

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

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

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

Imports in kind, K t

South America imported 276 K t of bran, sharps, and residues from cereal or legume processing in 2020, a 10.4% rise from 2019. Over the 2017-2020 period, imports grew by 22.4%, with a compound annual growth rate of 7.0%. The largest decrease was in 2019 at 5.5%, while the biggest increase was in 2018, up 17.3%.

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

From 2017 to 2020, the United States was the primary source for South America's imports of bran, sharps, and residues from cereal or legume processing, holding a 1.7% share of total flows.

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

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

Imports in value, M $ US

In 2020, South America's import value of bran, sharps, and residues from cereal or legume processing reached 70.5 M $ US, up 19.5% from the prior year. Between 2017 and 2020, imports increased by 21.7%, averaging an annual growth rate of 6.8%. The peak value was in 2018 at 75.5 M $ US, with the largest decline in 2019 of 21.9% and the biggest increase in 2018 of 30.5%.

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

Over 2017-2020, the United States led as the main supplier of bran, sharps, and residues from cereal or legume processing to South America, accounting for 7.1% of total import value.

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

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