Report Latin America and the Caribbean - Cereal Grains - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 21, 2022

Latin America and the Caribbean - Cereal Grains - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Cereal Grains Market 2022

Cereal Grains Market Size in Latin America and the Caribbean

In 2020, the Latin American cereal grains market increased by X% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. The level of consumption peaked in 2020 and is expected to retain growth in the near future.

Cereal Grains Production in Latin America and the Caribbean

In value terms, cereal grains production rose sharply to $X in 2020 estimated in export prices. The total production indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in years to come.

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) remains the largest cereal grains producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, cereal grains production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), twofold. Argentina (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Brazil totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Argentina (+X% per year).

Cereal Grains Exports

Exports in Latin America and the Caribbean

Cereal grains exports surged to X tonnes in 2020, growing by X% on 2019. Overall, exports recorded a strong expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal grains exports skyrocketed to $X in 2020. In general, exports enjoyed buoyant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile represented the major exporter of cereal grains in Latin America and the Caribbean, with the volume of exports accounting for X tonnes, which was near X% of total exports in 2020. Argentina (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (X%).

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Chile, while exports for the other leaders experienced mixed trends in the exports figures.

In value terms, Chile ($X) remains the largest cereal grains supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total exports.

In Chile, cereal grains exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Argentina (-X% per year) and Brazil (+X% per year).

Export Prices by Country

In 2020, the cereal grains export price in Latin America and the Caribbean amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced mixed trends in the export price figures.

Cereal Grains Imports

Imports in Latin America and the Caribbean

For the fourth year in a row, LatAmerica and the Caribbean recorded growth in overseas purchases of cereal grains, which increased by X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereal grains imports skyrocketed to $X in 2020. Total imports indicated resilient growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Mexico (X tonnes) represented the main importer of cereal grains, generating X% of total imports. Colombia (X tonnes) ranks second in terms of the total imports with a X% share, followed by Uruguay (X%), Chile (X%), Guatemala (X%), Peru (X%) and Ecuador (X%).

From 2007 to 2020, average annual rates of growth with regard to cereal grains imports into Mexico stood at -X%. At the same time, Uruguay (+X%), Peru (+X%), Colombia (+X%), Ecuador (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Chile experienced a relatively flat trend pattern. Colombia (+X p.p.), Uruguay (+X p.p.), Peru (+X p.p.) and Ecuador (+X p.p.) significantly strengthened its position in terms of the total imports, while Chile and Mexico saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported cereal grains in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Colombia ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

In Mexico, cereal grains imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (+X% per year) and Uruguay (+X% per year).

Import Prices by Country

In 2020, the cereal grains import price in Latin America and the Caribbean amounted to $X per tonne, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the import price increased by X% year-to-year. The level of import peaked in 2020 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Ecuador ($X per tonne), while Chile ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal grains in LatAmerica and the Caribbean?
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The countries with the highest volumes of in 2020 were Brazil, Mexico and Argentina, together comprising 73% of total consumption.
What are the largest producers of cereal grains in LatAmerica and the Caribbean?
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The countries with the highest volumes of in 2020 were Brazil, Argentina and Mexico, with a combined 86% share of total production.
What are the leading suppliers of cereal grains in LatAmerica and the Caribbean?
+
In value terms, the largest grain supplying countries in Latin America and the Caribbean were Argentina, Brazil and Paraguay, with a combined 95% share of total exports.
What are the leading importers of cereal grains in LatAmerica and the Caribbean?
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In value terms, Mexico constitutes the largest market for imported cereal grains in Latin America and the Caribbean, comprising 32% of total imports. The second position in the ranking was occupied by Brazil, with a 14% share of total imports. It was followed by Colombia, with a 13% share.
What is the average export price for cereal grains in LatAmerica and the Caribbean?
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In 2020, the export price in Latin America and the Caribbean amounted to $204 per tonne, rising by 4.1% against the previous year.
What is the average import price for cereal grains in LatAmerica and the Caribbean?
+
The import price in Latin America and the Caribbean stood at $222 per tonne in 2020, growing by 3.3% against the previous year.

This report provides an in-depth analysis of the cereal grains 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.


Product coverage:
• Prodcom 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
• Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• 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

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 2012–2021
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 2012–2021
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
• 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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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