U.S. - Oats - Market Analysis, Forecast, Size, Trends and Insights

U.S.: Oat Market Overview 2020

Oat Market Size in the U.S.

The revenue of the oat market in the U.S. amounted to $X in 2018, jumping by X% against the previous year. In general, oat consumption, however, continues to indicate a temperate drop. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. In that year, the oat market reached its peak level of $X. From 2009 to 2018, the growth of the oat market remained at a lower figure.

Oat Production in the U.S.

In value terms, oat production amounted to $X in 2018. Overall, oat production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when production volume increased by X% y-o-y. Over the period under review, oat production reached its peak figure level at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of oats in the U.S. totaled X tonne per ha, increasing by X% against the previous year. Over the period under review, the oat yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Oat yield peaked at X tonne per ha in 2015; however, from 2016 to 2018, yield stood 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.

Oat harvested area in the U.S. stood at X ha in 2018, rising by X% against the previous year. Overall, the oat harvested area, however, continues to indicate a drastic reduction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to oat production attained its maximum at X ha in 2007; however, from 2008 to 2018, harvested area failed to regain its momentum.

Oat Exports

Exports from the U.S.

In 2018, the oat exports from the U.S. stood at X tonnes, declining by -X% against the previous year. Over the period under review, oat exports continue to indicate a mild drop. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, oat exports attained their peak of X tonnes. From 2009 to 2018, the growth of oat exports failed to regain its momentum.

In value terms, oat exports amounted to $X in 2018. In general, oat exports continue to indicate a measured increase. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Canada (X tonnes) was the main destination for oat exports from the U.S., accounting for a X% share of total exports. Moreover, oat exports to Canada exceeded the volume sent to the second major destination, Japan (X tonnes), twofold. Taiwan, Chinese (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Canada amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Taiwan, Chinese (+X% per year).

In value terms, the largest markets for oat exported from the U.S. were Japan ($X), Canada ($X) and China, Hong Kong SAR ($X), with a combined X% share of total exports. These countries were followed by Mexico, Taiwan, Chinese, Singapore, China, Belize, Trinidad and Tobago and the Dominican Republic, which together accounted for a further X terms of the main countries of destination, China (+X% per year) experienced the highest growth rate of the value of exports, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average oat export price amounted to $X per tonne, remaining stable against the previous year. In general, the export price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Canada ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Oat Imports

Imports into the U.S.

In 2018, approx. X tonnes of oats were imported into the U.S.; rising by X% against the previous year. Overall, oat imports, however, continue to indicate a measured drop. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, oat imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, oat imports totaled $X in 2018. In general, oat imports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, oat imports reached their peak of $X. From 2009 to 2018, the growth of oat imports remained at a somewhat lower figure.

Imports by Country

In 2018, Canada (X tonnes) was the main supplier of oat to the U.S., accounting for a X% share of total imports. It was followed by Sweden (X tonnes), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Canada stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Finland (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of oat to the U.S., comprising X% of total oat imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Canada stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Finland (+X% per year).

Import Prices by Country

In 2018, the average oat import price amounted to $X per tonne, lowering by -X% against the previous year. In general, the oat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% y-o-y. In that year, the average import prices for oats attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for oats failed to regain its momentum.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Canada ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform