Latest Report Update: Apr 15, 2021

Latin America and the Caribbean - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Latin America and the Caribbean: Cereal Flour Market Overview 2021

Cereal Flour Market Size in Latin America and the Caribbean

The Latin American cereal flour market amounted to $X in 2019, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Cereal Flour Production in Latin America and the Caribbean

In value terms, cereal flour production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of production peaked at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of cereal flour production in 2019 were Brazil (X tonnes), Mexico (X tonnes) and Argentina (X tonnes), together comprising X% of total production. These countries were followed by Colombia, Venezuela, Peru, Chile, Ecuador, Guatemala and the Dominican Republic, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of cereal flour production, amongst the key producing countries, was attained by Guatemala, while cereal flour production for the other leaders experienced more modest paces of growth.

Cereal Flour Exports

Exports in Latin America and the Caribbean

In 2019, the amount of cereal flours exported in Latin America and the Caribbean stood at X tonnes, picking up by X% against 2018 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, cereal flour exports rose markedly to $X in 2019. Total exports indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. The level of export peaked at $X in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Argentina (X tonnes) represented the main exporter of cereal flours, generating X% of total exports. Mexico (X tonnes) ranks second in terms of the total exports with a X% share, followed by El Salvador (X%), Brazil (X%) and the Dominican Republic (X%). Honduras (X tonnes) and Colombia (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to cereal flour exports from Argentina stood at -X%. At the same time, Colombia (+X%), Mexico (+X%), Honduras (+X%), Brazil (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. El Salvador experienced a relatively flat trend pattern. From 2007 to 2019, the share of Mexico, Brazil, the Dominican Republic, Honduras and Colombia increased by +X%, +X%, +X%, +X% and +X% percentage points, while Argentina (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cereal flour supplying countries in Latin America and the Caribbean were Argentina ($X), Mexico ($X) and El Salvador ($X), with a combined X% share of total exports. These countries were followed by the Dominican Republic, Brazil, Colombia and Honduras, which together accounted for a further X recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The cereal flour export price in Latin America and the Caribbean stood at $X per tonne in 2019, remaining stable against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Colombia ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Colombia, while the other leaders experienced more modest paces of growth.

Cereal Flour Imports

Imports in Latin America and the Caribbean

In 2019, the amount of cereal flours imported in Latin America and the Caribbean surged to X tonnes, rising by X% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, cereal flour imports amounted to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2019, imports remained at a lower figure.

Imports by Country

Brazil (X tonnes), Bolivia (X tonnes) and Mexico (X tonnes) represented roughly X% of total imports of cereal flours in 2019. It was distantly followed by Venezuela (X tonnes) and Guatemala (X tonnes), together comprising a X% share of total imports. The following importers - Honduras (X tonnes), Haiti (X tonnes), El Salvador (X tonnes), Cuba (X tonnes) and Nicaragua (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the biggest increases were in Venezuela, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Bolivia ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports. Venezuela, Guatemala, Honduras, El Salvador, Haiti, Nicaragua and Cuba lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The cereal flour import price in Latin America and the Caribbean stood at $X per tonne in 2019, flattening at the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Honduras ($X per tonne) and Nicaragua ($X per tonne), while Bolivia ($X per tonne) and Brazil ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Nicaragua, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal flours in LatAmerica and the Caribbean?
+
The countries with the highest volumes of cereal flour consumption in 2019 were Brazil (12M tonnes), Mexico (7.7M tonnes) and Argentina (3M tonnes), together accounting for 59% of total consumption. These countries were followed by Colombia, Venezuela, Peru, Chile, Guatemala, Ecuador, the Dominican Republic, Cuba and Bolivia, which together accounted for a further 32%.
What are the largest producers of cereal flours in LatAmerica and the Caribbean?
+
The countries with the highest volumes of cereal flour production in 2019 were Brazil (11M tonnes), Mexico (7.8M tonnes) and Argentina (3.6M tonnes), with a combined 61% share of total production. Colombia, Venezuela, Peru, Chile, Ecuador, Guatemala and the Dominican Republic lagged somewhat behind, together comprising a further 28%.
What are the leading exporters of cereal flours in LatAmerica and the Caribbean?
+
In value terms, the largest cereal flour supplying countries in Latin America and the Caribbean were Argentina ($214M), Mexico ($158M) and El Salvador ($50M), together accounting for 73% of total exports. These countries were followed by the Dominican Republic, Brazil, Colombia and Honduras, which together accounted for a further 19%.
What are the leading importers of cereal flours in LatAmerica and the Caribbean?
+
In value terms, Brazil ($120M), Mexico ($107M) and Bolivia ($104M) constituted the countries with the highest levels of imports in 2019, with a combined 54% share of total imports. These countries were followed by Venezuela, Guatemala, Honduras, El Salvador, Haiti, Nicaragua and Cuba, which together accounted for a further 31%.
What is the average export price for cereal flours in LatAmerica and the Caribbean?
+
The cereal flour export price in Latin America and the Caribbean stood at $413 per tonne in 2019, approximately mirroring the previous year.
What is the average import price for cereal flours in LatAmerica and the Caribbean?
+
The cereal flour import price in Latin America and the Caribbean stood at $414 per tonne in 2019, stabilizing at the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour
• Prodcom 10612200 - Cereal flours (excluding wheat or meslin)

This report provides an in-depth analysis of the cereal flour market in Latin America and the Caribbean. 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 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 04:00 pm ET


Register

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Hydrogen Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global hydrogen market.



Tuesday, May 25th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data