Northern America: Durum Wheat Market 2024

Durum Wheat Market Size in Northern America

The North American durum wheat market reached $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced decrease. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Durum Wheat Production in Northern America

In value terms, durum wheat production amounted to $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were the United States (X tons) and Canada (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Canada (with a CAGR of X%).

The average durum wheat yield dropped to X tons per ha in 2022, almost unchanged from the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2017 to 2022, the growth of the durum wheat yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of durum wheat were harvested in Northern America; approximately equating 2021. In general, the harvested area, however, showed a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Durum Wheat Exports

Exports in Northern America

In 2022, overseas shipments of durum wheat decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, durum wheat exports surged to $X in 2022. Total exports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by the United States (X tons), creating a X% share of total exports.

Canada experienced a relatively flat trend pattern with regard to volume of exports of durum wheat. The United States (X%) illustrated a downward trend over the same period. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Canada ($X) remains the largest durum wheat supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Canada totaled X%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Durum Wheat Imports

Imports in Northern America

In 2022, supplies from abroad of durum wheat was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, durum wheat imports skyrocketed to $X in 2022. Over the period under review, imports recorded moderate growth. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the one major importers of durum wheat, namely the United States, represented more than two-thirds of total import.

The United States was also the fastest-growing in terms of the durum wheat imports, with a CAGR of X% from 2012 to 2022. While the share of the United States (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported durum wheat in Northern America.

In the United States, durum wheat imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, approximately mirroring the previous year. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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