Wheat and meslin flour and cereals market in Northern America

Earlier Report Observations

From 2018 to 2020, the North American wheat and meslin flour market volume remained in a narrow range of 21,300 to 21,500 thousand tons. Global production of wheat and meslin flour increased by 18% in 2020, supporting a slight rise in regional consumption to 21,535 thousand tons that year.

The market reached its peak in 2022, with production hitting 22,006 thousand tons and market volume rising to 21,729 thousand tons. This surge was driven by significant global agricultural commodity inflation, which caused a 16% spike in wheat and meslin flour prices worldwide and stimulated peak output in the United States. In 2023, production receded to 21,564 thousand tons as the market adjusted, while exports increased after several years of decline.

By 2024, trade flows showed stability with exports at 317 thousand tons, continuing their upward trend. Global production and consumption levels flattened or declined slightly after the 2022 peak, reflecting a broader market correction.

Production wheat and meslin flour and cereals in Northern America

In kind, 2017-2020, K t

Top producers of wheat and meslin flour and cereals, 2017-2020

World map of production of wheat and meslin flour and cereals, 2017-2020

In 2019, Northern America produced 21 605 thousand metric tons of wheat and meslin flour and cereals, marking the lowest output in recent years. Production then increased by 0.9% year-over-year to reach 21 802 thousand metric tons in 2020. The most significant decline occurred in 2019, when output fell by 0.7%.

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

In value, 2017-2020, M $ US

Northern America's wheat and meslin flour and cereals production has grown for three consecutive years. In 2020, the output was valued at 10 016 million US dollars, representing a 6.4% increase from the previous year. From 2017 to 2020, production rose by 19.5%, which translates to an average annual growth rate of 6.1%.

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

Exports wheat and meslin flour and cereals from Northern America

Exports in kind, K t

Wheat and meslin flour and cereals exports from Northern America have declined for the third year in a row. In 2020, exports totaled 296.7 thousand metric tons, showing a slight decrease of 2.3% compared to 2019. Over the period from 2017 to 2020, exports dropped by 31.7%, with a compound annual growth rate of -11.9%.

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

From 2017 to 2020, exports of wheat and meslin flour and cereals from Northern America were not heavily concentrated in a few key markets. Japan accounted for 5.7% of exports in kind, Vietnam for 5.1%, and Asia, not elsewhere specified, for 3.9%. Together, these three markets represented only 14.6% of total export flows.

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, M $ US

Following a two-year decline, wheat and meslin flour and cereals exports from Northern America increased in 2020. Exports reached 136.3 million US dollars, up by 3.1% from the previous year. However, between 2017 and 2020, exports decreased by 18.8%, with an average annual decline of 6.7%. The lowest value was recorded in 2019 at 132.3 million US dollars, when exports fell by 17.4%.

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

Between 2017 and 2020, the partner structure for exports in value terms was balanced rather than concentrated. Vietnam accounted for 2.4% of exports in value terms, China for 2.2%, and Asia, not elsewhere specified, for 2.0%. These three partners together represented 6.5% of total flows, while many other countries accounted for the remaining 93.5%.

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 wheat and meslin flour and cereals to Northern America

Imports in kind, K t

There were noticeable fluctuations in import performance during this period. Imports reached their lowest point in 2018 at 20.1 thousand metric tons, marking an 83.4% decline from the previous year. In 2019, imports surged by 45.3% to 29.2 thousand metric tons, and in 2020, they increased further by 2.0% to 29.8 thousand metric tons. From the peak in 2017 to the trough in 2018, imports changed by a factor of six.

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

From 2017 to 2020, India and Italy were the leading suppliers of wheat and meslin flour and cereals to Northern America, together accounting for 3.0% of total imports in kind.

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, M $ US

After two years of contraction, wheat and meslin flour and cereals imports into Northern America increased in 2020. Imports amounted to 47.0 million US dollars, showing a modest rise of 4.4% compared to 2019. However, between 2017 and 2020, imports decreased by 14.7%, with an average annual decline of 5.2%. The lowest value was recorded in 2019 at 45.0 million US dollars, following a 15.7% decline in 2018.

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

Over the period from 2017 to 2020, India, Italy, and Denmark were the largest suppliers of wheat and meslin flour and cereals to Northern America in value terms, but they did not dominate the market. India accounted for 12.4% of imports in value terms, Italy for 6.7%, and Denmark for 3.1%. Together, these three suppliers represented 22.1% of total imports, with a broad range of smaller partners making up the remainder.

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

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