Wheat and meslin flour and cereals market in the United States

Earlier Report Observations

From 2018 to 2023, production of wheat and meslin flour and cereals in the United States remained stable in volume, fluctuating between 19 000 and 19 500 thousand tons annually. The physical market size followed a similar pattern, peaking at 19 666 thousand tons in 2022 before easing to 19 202 thousand tons in 2023.

In value terms, the market experienced significant swings. The market value grew from $9.8 billion in 2018 to a peak of $15.1 billion in 2022, largely driven by a sharp increase in export prices, which reached $802 per ton that year. Following this price peak, the market value declined to $14.4 billion in 2023 as export prices moderated.

Production wheat and meslin flour and cereals in the United States

In kind, 2017-2020, K t

Globally, the United States ranked as the 4th largest producer of wheat and meslin flour and cereals from 2017 to 2020.

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 2020, the United States produced 19 314 K t of wheat and meslin flour and cereals, marking a slight increase of 0.8% compared to the previous year. Production reached its lowest point in 2019 at 19 154 K t, while the peak was recorded in 2018 at 19 363 K t. The most significant decline occurred in 2019, with a drop of 1.1%.

Annual dynamics of production in the United States in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Wheat and meslin flour and cereals production in the United States grew for the third consecutive year. In 2020, the output was valued at 10 620 M $ US, rising by 6.7% from the previous year. From 2017 to 2020, production increased by 15.4%, which translates to an annualized growth rate of 4.9%.

Annual dynamics of production in the United States in value, 2017-2020, M $ US

Exports wheat and meslin flour and cereals from the United States

Exports in kind, K t

In 2020, the United States exported 281.8 K t of wheat and meslin flour and cereals, reflecting a small decline of 1.1% compared to the year before. Over the period from 2017 to 2020, exports decreased by 8.4%, with a compound annual growth rate (CAGR) of -2.9%. The largest decrease was recorded in 2018 at 7.7%, while the highest increase occurred in 2019 at 0.4%.

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

From 2017 to 2020, Mexico and Canada were the dominant destinations for exports in kind, together accounting for 88.9% of total flows, with the remaining share going to other markets.

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

World map of product's exports from the United States in kind, 2017-2020

Exports in value, M $ US

Wheat and meslin flour and cereals shipments from the United States to abroad increased for the second consecutive year. In 2020, exports were recorded at 154.9 M $ US, up by 4.6% from the previous year. Between 2017 and 2020, exports grew by 5.9%, equating to an annualized rate of 1.9%. The lowest value was in 2018 at 142.6 M $ US, and the largest decline that year was 2.5%.

Annual dynamics of product's exports from the United States in value, 2017-2020, M $ US

From 2017 to 2020, Mexico and Canada consistently represented 84.4% of total exports in value terms, indicating a high degree of concentration, with a long tail of smaller markets making up the remainder.

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

World map of product's exports from the United States in value, 2017-2020

Imports wheat and meslin flour and cereals to the United States

Imports in kind, K t

In 2020, the United States imported 343.6 K t of wheat and meslin flour and cereals, which is 6.6% higher than in 2019. Between 2017 and 2020, imports increased by 11.3%, with an annualized growth rate of 3.6%. The largest decline was in 2019 at 3.8%, while the largest increase occurred in 2018 at 8.5%.

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

From 2017 to 2020, Canada (58.2% of imports in kind), India (16.2% of imports in kind), and Italy (8.5% of imports in kind) were the leading sources in the country structure of imports in kind, together accounting for 83.0% of total flows.

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

World map of product's imports to the United States in kind, 2017-2020

Imports in value, M $ US

In 2020, the United States imported 241.6 M $ US of wheat and meslin flour and cereals, equivalent to a moderate rise of 7.9% compared to the previous year. Over the period from 2017 to 2020, imports increased by 13.8%, with a compound annual growth rate (CAGR) of 4.4%. The largest decline was in 2019 at 4.4%, while the largest increase was in 2018 at 10.3%.

Annual dynamics of product's imports to the United States in value, 2017-2020, M $ US

From 2017 to 2020, Canada (55.8% of imports in value terms), India (17.0% of imports in value terms), and Italy (10.1% of imports in value terms) were the main sources in the geographical breakdown of imports in value terms for wheat and meslin flour and cereals to the United States, with a combined share of 82.9% of total flows.

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

World map of product's imports to the United States in value, 2017-2020