
U.S. - Durum Wheat - Market Analysis, Forecast, Size, Trends and Insights
U.S. Durum Wheat Price Fell from $616 per Ton in March to $483 per Ton in July
U.S. Durum Wheat Import Price per Ton July 2022
In July 2022, the durum wheat price per ton stood at $483, which is down by -11.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 22% against the previous month. The import price peaked at $616 per ton in March 2022; however, from April 2022 to July 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From January 2022 to July 2022, the rate of growth in terms of prices for Canada amounted to +0.1% per month.
U.S. Durum Wheat Imports
Durum wheat imports into the United States shrank to 59K tons in July 2022, falling by -7.3% on the previous month. Over the period under review, imports, however, enjoyed a temperate increase. The growth pace was the most rapid in March 2022 when imports increased by 542% month-to-month. Over the period under review, imports hit record highs at 64K tons in June 2022, and then shrank in the following month.
In value terms, durum wheat imports shrank significantly to $28M (IndexBox estimates) in July 2022. Overall, imports, however, posted a tangible increase. The pace of growth was the most pronounced in March 2022 with an increase of 576% against the previous month. Imports peaked at $35M in June 2022, and then contracted sharply in the following month.
U.S. Durum Wheat Imports by Country
In July 2022, Canada (59K tons) was the main durum wheat supplier to the United States, with a approximately 99.9% share of total imports.
From January 2022 to July 2022, the average monthly rate of growth in terms of volume from Canada amounted to +3.6%.
In value terms, Canada ($28M) constituted the largest supplier of durum wheat to the United States.
From January 2022 to July 2022, the average monthly rate of growth in terms of value from Canada stood at +3.6%.
This report provides an in-depth analysis of the durum wheat market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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