Wheat and meslin market in Northern America

Earlier Report Observations

From 2018 to 2019, the wheat and meslin market volume in Northern America increased from 60 865 thousand tons to 62 665 thousand tons. This growth coincided with an 8.2% rise in U.S. wheat production, which expanded the available supply. The market then contracted to 59 261 thousand tons in 2020 and fell sharply to 46 865 thousand tons in 2021.

A strong recovery followed in 2022, with the market volume reaching 61 200 thousand tons. This surge was driven by increased U.S. production and consumption, while geopolitical tensions from the Russia-Ukraine war triggered global supply chain disruptions and export price spikes of 16-24%. In 2023, the market declined to 57 075 thousand tons as export prices corrected downward by approximately 7.7% and production stabilized at lower levels.

Production wheat and meslin in Northern America

In kind, 2017-2020, K t

Top producers of wheat and meslin, 2017-2020

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

Northern America's wheat and meslin production declined after two consecutive years of growth. In 2019, production reached its peak at 85 251 thousand tonnes, while in 2020 it remained virtually unchanged at 85 188 thousand tonnes. Over the 2017-2020 period, production grew by 9.6%, representing a compound annual growth rate of 3.1%. The most significant year-on-year increase occurred in 2018, when production rose by 7.6%.

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

In value, 2017-2020, M $ US

In 2020, the value of wheat and meslin production in Northern America reached 20 676 million US dollars, marking a 1.9% increase compared to the previous year. Over the 2017-2020 period, production value grew by 8.1%, with a compound annual growth rate of 2.6%. The highest value was recorded in 2018 at 20 951 million US dollars. The most substantial decline occurred in 2019, when the value fell by 3.2%, while the largest increase took place in 2018 with a 9.5% rise.

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

Exports wheat and meslin from Northern America

Exports in kind, K t

In 2020, Northern America exported 25 953 thousand tonnes of wheat and meslin, representing a 14.7% increase compared to 2019. Over the 2017-2020 period, exports grew by 25.4%, equivalent to an annualized growth rate of 7.8%. The only decline during this period occurred in 2019, when exports decreased by 0.8%.

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

Between 2017 and 2020, wheat and meslin exports from Northern America showed relatively low concentration. Indonesia accounted for 9.2% of exports in kind, Japan for 7.9%, and China for 7.0%. Together, these three markets represented just 24.1% of total export volumes.

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

In 2020, Northern America's wheat and meslin exports reached 6 299 million US dollars, showing a robust 17.0% increase compared to the previous year. Over the 2017-2020 period, export value grew by 23.7%, equivalent to an annualized growth rate of 7.4%. The most significant decline occurred in 2019, when export value fell by 5.7%.

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

From 2017 to 2020, no single market dominated Northern America's wheat and meslin exports in value terms. Indonesia accounted for 8.9% of export value, Japan for 8.4%, and China for 7.4%. Together, these three markets represented just 24.6% of total export value, with numerous smaller partners each holding modest individual shares.

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 to Northern America

Imports in kind, K t

Import volumes showed considerable volatility during this period. In 2017, imports reached their highest level, then fell to their lowest point in 2018—a 5.8-fold difference between these two years. In 2020, Northern America imported 26 thousand tonnes of wheat and meslin, representing a 43.6% decrease compared to 2019. The lowest import volume was recorded in 2018 at 17 thousand tonnes. The most substantial decline occurred in 2018 with an 82.9% drop, while the largest increase took place in 2019 with a 173.7% rise.

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

Between 2017 and 2020, Argentina accounted for 3.5% of Northern America's wheat and meslin imports in kind, the United Kingdom for 2.3%, and Turkey for 1.3%. Together, these three suppliers represented just 7.1% of total import volumes.

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 growth, wheat and meslin imports to Northern America declined. In 2020, import value totaled 30 million US dollars, representing a 29.2% decrease compared to the previous year. Over the 2017-2020 period, import value increased by 9.2%, with a compound annual growth rate of 3.0%. The highest value was recorded in 2019 at 42 million US dollars, when imports showed their largest increase of 50.9%.

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

From 2017 to 2020, Argentina accounted for 5.6% of Northern America's wheat and meslin imports in value terms, Turkey for 3.8%, and the United Kingdom for 3.5%. Together, these three suppliers represented 12.9% of total import value.

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

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