Durum Wheat Market

Durum wheat market: read the most recent info featured by an Ai-driven market research tool. Statistics cover consumption, imports, market size, companies, exports, trade, market prices, and production. Here is a split by region, including the U.S., Russia, Africa, China, Latin America, the Middle East, EU, and the U.K. Market trends and outlook to 2030 are also provided in the reports.

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Durum Wheat - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Russia.

In China, the durum wheat market expanded at an average annual rate of +17.1% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+3.8% per year) and Russia (+14.9% per year).

Durum Wheat Prices

Durum Wheat - Top Importers

In value terms, the largest durum wheat importing markets worldwide were Egypt ($2.7B), Nigeria ($2.1B) and Sudan ($1.7B), together comprising 47% of global imports.

Egypt (+1,900.9% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Durum Wheat - Top Exporters

In value terms, Canada ($1.5B) remains the largest durum wheat supplier worldwide, comprising 47% of global exports. The second position in the ranking was occupied by France ($329M), with a 10% share of global exports. It was followed by the United States, with a 6.9% share.

In Canada, durum wheat exports increased at an average annual rate of +13.4% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: France (-22.3% per year) and the United States (+29.6% per year).

Durum Wheat - Market Forecast

The durum wheat market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.2% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Durum Wheat - Product Coverage

• HS 100110 - Cereals; durum wheat
• HS 100111 - Cereals; wheat and meslin, durum wheat, seed
• HS 100119 - Cereals; wheat and meslin, durum wheat, other than seed

Source: IndexBox Market Intelligence Platform