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Latin America and the Caribbean - Wheat Or Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Wheat Flour Market Overview 2021

Wheat Flour Market Size in Latin America and the Caribbean

In 2019, the Latin American wheat flour market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in the immediate term.

Wheat Flour Production in Latin America and the Caribbean

In value terms, wheat flour production expanded remarkably to $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 in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs in 2019 and is expected to retain growth in years to come.

Production By Country in Latin America and the Caribbean

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

Wheat Flour Exports

Exports in Latin America and the Caribbean

In 2019, the amount of wheat or meslin flour exported in Latin America and the Caribbean rose slightly to X tonnes, increasing by X% on the year before. Over the period under review, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, wheat flour exports stood at $X in 2019. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Argentina dominates wheat flour exports structure, accounting for X tonnes, which was near X% of total exports in 2019. It was distantly followed by the Dominican Republic (X tonnes), committing a X% share of total exports. El Salvador (X tonnes), Mexico (X tonnes), Paraguay (X tonnes), Honduras (X tonnes) and Uruguay (X tonnes) took a little share of total exports.

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

In value terms, Argentina ($X) remains the largest wheat flour supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.

In Argentina, wheat flour exports declined by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: the Dominican Republic (+X% per year) and El Salvador (+X% per year).

Export Prices by Country

In 2019, the wheat flour export price in Latin America and the Caribbean amounted to $X per tonne, leveling off at the previous year. Export price indicated mild growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, wheat flour export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2019, major exporting countries recorded the following prices: in El Salvador ($X per tonne) and the Dominican Republic ($X per tonne), while Paraguay ($X per tonne) and Argentina ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Uruguay, while the other leaders experienced mixed trends in the export price figures.

Wheat Flour Imports

Imports in Latin America and the Caribbean

Wheat flour imports soared to X tonnes in 2019, rising by X% against the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, wheat flour imports surged to $X in 2019. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. The level of import peaked at $X in 2011; however, from 2012 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Brazil (X tonnes) and Bolivia (X tonnes) represented the major importers of wheat or meslin flour in Latin America and the Caribbean, together generating X% of total imports. It was distantly followed by Mexico (X tonnes) and Venezuela (X tonnes), together creating a X% share of total imports. Guatemala (X tonnes), Haiti (X tonnes), Cuba (X tonnes), El Salvador (X tonnes) and Honduras (X tonnes) occupied a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Venezuela, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat flour importing markets in Latin America and the Caribbean were Brazil ($X), Bolivia ($X) and Mexico ($X), together comprising X% of total imports. These countries were followed by Venezuela, Guatemala, Haiti, Cuba, El Salvador and Honduras, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of 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 wheat flour import price in Latin America and the Caribbean stood at $X per tonne in 2019, standing approx. at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the import price increased by 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 ($X per tonne) and Mexico ($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 Brazil, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat or meslin flour in LatAmerica and the Caribbean?
+
The countries with the highest volumes of wheat flour consumption in 2019 were Brazil (11M tonnes), Mexico (7.3M tonnes) and Argentina (2.9M tonnes), together comprising 60% of total consumption. Colombia, Venezuela, Peru, Chile, Ecuador, Guatemala, the Dominican Republic, Cuba, Bolivia and Haiti lagged somewhat behind, together comprising a further 33%.
What are the largest producers of wheat or meslin flour in LatAmerica and the Caribbean?
+
The countries with the highest volumes of wheat flour production in 2019 were Brazil (10M tonnes), Mexico (7.1M tonnes) and Argentina (3.5M tonnes), together accounting for 61% of total production. Colombia, Venezuela, Peru, Chile, Ecuador, Guatemala, the Dominican Republic and Cuba lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of wheat or meslin flour in LatAmerica and the Caribbean?
+
In value terms, Argentina ($214M) remains the largest wheat flour supplier in Latin America and the Caribbean, comprising 67% of total exports. The second position in the ranking was occupied by the Dominican Republic ($27M), with a 8.6% share of total exports. It was followed by El Salvador, with a 5.5% share.
What are the leading importers of wheat or meslin flour in LatAmerica and the Caribbean?
+
In value terms, the largest wheat flour importing markets in Latin America and the Caribbean were Brazil ($120M), Bolivia ($104M) and Mexico ($92M), with a combined 63% share of total imports. Venezuela, Guatemala, Haiti, Cuba, El Salvador and Honduras lagged somewhat behind, together comprising a further 25%.
What is the average export price for wheat or meslin flour in LatAmerica and the Caribbean?
+
The wheat flour export price in Latin America and the Caribbean stood at $358 per tonne in 2019, standing approx. at the previous year.
What is the average import price for wheat or meslin flour in LatAmerica and the Caribbean?
+
In 2019, the wheat flour import price in Latin America and the Caribbean amounted to $386 per tonne, standing approx. at the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour

This report provides an in-depth analysis of the wheat 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

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