Maize bran, sharps and residues market in Americas

Earlier Report Observations

The maize bran, sharps, and residues market in the Americas saw its total volume decline from 8.9 million tons in 2018 to 7.8 million tons by 2023. This contraction was particularly sharp in 2022, when the market size dropped by over 900,000 tons. A key driver of this trend was a substantial increase in exports, which rose from 117,000 tons in 2018 to 737,000 tons in 2023, redirecting supply away from the domestic market. Active regional trade flows, exemplified by Mexico's exports to the United States, Italy, and several Latin American countries in 2023, supported this export growth.

Concurrently, research into microbial fermentation to improve the digestibility and nutritional value of maize bran reported in 2023 signaled efforts to enhance the product's appeal for animal feed and potential human consumption. The region's role as a major producer, accounting for half of global maize output, provides a fundamental base for bran production, though global supply chain disruptions and raw material price volatility noted in 2024 presented external challenges to market stability.

Production maize bran, sharps and residues in Americas

In kind, 2017-2020, K t

Top producers of maize bran, sharps and residues, 2017-2020

World map of production of maize bran, sharps and residues, 2017-2020

After two years of decline, production of maize bran, sharps, and residues in the Americas rebounded. In 2020, output reached 8 562 K t, marking a 1.7% increase from the previous year. However, over the 2017-2020 period, production fell by 9.3%, with an average annual decline of 3.2%. The lowest point was in 2019 at 8 419 K t, while the sharpest drop occurred in 2018 at 6.3%.

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

In value, 2017-2020, M $ US

Production of maize bran, sharps, and residues in the Americas declined for the third consecutive year. In 2020, the value of this output was 1 738 M $ US, down 3.3% from the previous year. From 2017 to 2020, production value decreased by 8.4%, translating to an average annual decline of 2.9%.

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

Exports maize bran, sharps and residues from Americas

Exports in kind, K t

Exports of maize bran, sharps, and residues from the Americas increased for the third year in a row. In 2020, exports totaled 195.4 K t, showing a sharp rise of 42.4% compared to the previous year. Over the 2017-2020 period, exports surged by 190.4%, with an average annual growth rate of 42.7%.

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

From 2017 to 2020, exports in kind were spread across many partner countries. Vietnam accounted for 14.2% of these exports, Turkey for 14.1%, and the United Kingdom for 4.6%. Together, these three countries made up just 32.9% of total export flows.

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

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

Exports in value, K $ US

Exports of maize bran, sharps, and residues from the Americas rose for the third consecutive year. In 2020, export value reached 39 681 K $ US, up 35.4% from the prior year. Between 2017 and 2020, export value increased by 193.2%, with an average annual growth rate of 43.1%.

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

From 2017 to 2020, exports in value terms were not concentrated in a few key markets. Turkey represented 13.5% of export value, Vietnam 11.2%, and the United Kingdom 4.5%. Combined, these three countries accounted for only 29.2% of total export flows.

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

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

Imports maize bran, sharps and residues to Americas

Imports in kind, K t

The data shows irregular changes, pointing to a volatile market environment. Imports varied significantly, with a 2.4-fold difference between the low in 2017 and the high in 2019. In 2020, imports stood at 158.5 K t, down 8.2% from the previous year. The peak was in 2019 at 172.7 K t, while the largest increase occurred in 2018 at 113.3%.

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

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

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

Imports in value, K $ US

After two years of growth, imports of maize bran, sharps, and residues into the Americas declined. In 2020, import value totaled 38 081 K $ US, a decrease of 7.4% from the prior year. Over the 2017-2020 period, import value rose by 37.9%, with an average annual increase of 11.3%. The highest value was recorded in 2019 at 41 134 K $ US, and the largest jump was in 2018 at 31.6%.

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

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

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