Maize bran, sharps and residues market in Northern America

Earlier Report Observations

The maize bran, sharps and residues market in Northern America showed significant volatility in physical volume between 2018 and 2023. Market size reached 5.7 million tons in 2018, then fell by over 10% in 2019. A partial recovery followed in 2020 and 2021, but another decline occurred in 2022, with the market stabilizing around 4.9 million tons in 2023.

In value terms, the market followed a different trajectory, peaking at $1.7 billion in 2021. This represented a substantial increase from previous years, even though the physical volume that year was below the 2018 level. The market value then decreased to $1.5 billion by 2023. Domestic production trended downward over the period, falling from 5.7 million tons to 4.9 million tons.

Production maize bran, sharps and residues in Northern America

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

Northern America's production of maize bran, sharps, and residues increased after two years of decline. In 2020, the region produced 5 109 K t, marking a 2.0% improvement from 2019. However, looking at the broader period from 2017 to 2020, production decreased by 20.7%, with a compound annual growth rate of -7.4%. The lowest production level was recorded in 2019 at 5 007 K t, which also saw the largest decline of 12.0%.

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

In value, 2017-2020, M $ US

Following a two-year decrease, Northern America's production value for maize bran, sharps, and residues rose. In 2020, the output was valued at 1 325 M $ US, an 11.3% increase from the previous year. Over the 2017-2020 period, production value decreased by 7.8%, translating to an annualized rate of -2.7%. The minimum value occurred in 2019 at 1 190 M $ US, which also experienced the largest decline of 12.6%.

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

Exports maize bran, sharps and residues from Northern America

Exports in kind, t

Northern America's export volume of maize bran, sharps, and residues declined for the third consecutive year. In 2020, exports reached 985 t, representing a dramatic 90.3% drop compared to 2019. From 2017 to 2020, exports decreased by 94.7%, with a compound annual growth rate of -62.4%.

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

Between 2017 and 2020, three key markets—Albania, Japan, and New Zealand—collectively accounted for 2.9% of Northern America's total exports in kind of maize bran, sharps, and residues.

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

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

Exports in value, K $ US

The market exhibited volatility during these years, with a peak in 2018 and a trough in 2020, showing a 17-fold variation. In 2020, Northern America exported 255 K $ US of maize bran, sharps, and residues, indicating a sudden year-over-year drop of 89.4%. The maximum value was recorded in 2018 at 4 418 K $ US, which also saw the largest increase of 6.7%.

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

From 2017 to 2020, Albania and Japan were the primary destinations in the geographical structure of exports in value terms, together representing 2.1% of total flows.

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

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

Imports maize bran, sharps and residues to Northern America

Imports in kind, t

The market showed signs of volatility over the observed period. Imports bottomed in 2017 and peaked in 2019, differing by a factor of 950. In 2020, Northern America imported 80 453 t of maize bran, sharps, and residues, which is 11.2% less than in 2019. The maximum value was recorded in 2019 at 90 603 t, while the largest increase occurred in 2018 at 66 051.2%.

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

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

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

Imports in value, K $ US

After a two-year rise, Northern America's imports of maize bran, sharps, and residues declined. In 2020, imports stood at 19 358 K $ US, down by 10.4% from the previous year. Over the 2017-2020 period, imports increased by 63.7%, with a compound annual growth rate of 17.9%. The maximum value was recorded in 2019 at 21 607 K $ US, which also saw the largest increase of 43.7%.

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

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

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