Cereal germ market in Latin America and the Caribbean

Earlier Report Observations

The market for cereal germ in Latin America and the Caribbean experienced strong growth from 2018 to 2022, with volume increasing from 1 544 thousand tons to 2 091 thousand tons. This expansion was led by a notable 13% surge in 2021, when production reached 1 903 thousand tons.

Market volume stabilized at 2 092 thousand tons in 2023. In 2024, the sector was influenced by investments in milling and processing infrastructure, regulatory shifts toward organic labeling, and evolving consumer demand for functional, healthy cereal ingredients.

Production cereal germ in Latin America and the Caribbean

In kind, 2017-2020, K t

Top producers of cereal germ, 2017-2020

World map of production of cereal germ, 2017-2020

Cereal germ production in Latin America and the Caribbean has increased for the third consecutive year. In 2020, the region produced 1,686 thousand tonnes of cereal germ, representing a 2.9% rise compared to the previous year. Between 2017 and 2020, production grew by 14.6%, which translates to an annualized growth rate of 4.7%.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, K t

Exports cereal germ from Latin America and the Caribbean

Exports in kind, t

The market displayed volatility during the observed period. Exports reached their lowest point in 2019 at 23.2 tonnes and peaked in 2020 at 85.3 tonnes, marking a 3.7-fold increase between these years. In 2020, Latin America and the Caribbean exported 85.3 tonnes of cereal germ, reflecting a sharp year-over-year surge of 268.2%. The largest decline occurred in 2018, with a drop of 49.1%.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, t

From 2017 to 2020, the United States was the primary partner for exports in kind, accounting for 2.1% of total flows.

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

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Exports in value, K $ US

The market showed an unstable trend throughout the timeframe. Export values fluctuated significantly, with a low of 30 thousand US dollars in 2019 and a high of 97 thousand US dollars in 2020, representing a 3.2-fold difference. In 2020, cereal germ exports from Latin America and the Caribbean amounted to 97 thousand US dollars, indicating a dramatic year-over-year increase of 220.0%. The largest decline was recorded in 2018 at 57.7%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, K $ US

The structure of exports in value terms from 2017 to 2020 was diversified. The United States accounted for 3.1% of exports in value terms, Cyprus for 1.1%, and China for 0.8%. Together, these three countries represented just 5.0% of total flows, with no single country holding a clearly dominant position.

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

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Imports cereal germ to Latin America and the Caribbean

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Imports bottomed in 2017 and peaked in 2018, showing a 2.3-fold difference between these years. In 2020, the volume of cereal germ imports into Latin America and the Caribbean reached 535.0 tonnes, marking a slight year-over-year decrease of 1.6%. The maximum value was recorded in 2018 at 749.8 tonnes. The largest decline occurred in 2019 at 27.5%, while the largest increase was in 2018 at 125.5%.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, t

From 2017 to 2020, the United States, France, and Canada formed the core of imports in kind. The United States accounted for 44.3% of imports in kind, France for 12.7%, and Canada for 8.4%. Together, these three countries represented 65.3% of total flows.

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

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Imports in value, K $ US

After a two-year rise, the volume of cereal germ imports into Latin America and the Caribbean declined. In 2020, the region imported a total of 1,011 thousand US dollars of cereal germ, which is 13.2% lower compared to 2019. Between 2017 and 2020, imports increased by 16.4%, equating to an annualized growth rate of 5.2%. The maximum value was recorded in 2019 at 1,164 thousand US dollars, and the largest increase occurred in 2018 at 28.6%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, K $ US

Throughout 2017 to 2020, the United States, France, and Canada played leading roles in imports in value terms of cereal germ to Latin America and the Caribbean. The United States accounted for 51.7% of imports in value terms, France for 27.8%, and Canada for 8.9%. Jointly, these three countries represented 88.3% of total flows.

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

World map of product's imports to Latin America and the Caribbean in value, 2017-2020