Report World - Wheat - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Wheat - Market Analysis, Forecast, Size, Trends and Insights
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Global Wheat Market 2022

Wheat Market Size

For the third year in a row, the global wheat market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. Global consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wheat Production

In value terms, wheat production reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

The countries with the highest volumes of in 2021 were China (X tons), India (X tons) and Russia (X tons), with a combined X% share of global production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Russia (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

In 2021, the global average yield of wheat totaled X tons per ha, picking up by X% compared with the previous year's figure. The yield figure increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 when the yield increased by X%. The global yield peaked at X tons per ha in 2019; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of wheat were harvested worldwide; therefore, remained relatively stable against 2020 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to wheat production reached the maximum at X ha in 2015; however, from 2016 to 2021, the harvested area failed to regain momentum.

Production By Country

The countries with the highest volumes of in 2021 were China (X tons), India (X tons) and Russia (X tons), together accounting for X% of global production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Russia (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Wheat Exports

Exports

In 2021, overseas shipments of wheat increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, wheat exports surged to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, the United States (X tons), Russia (X tons), Australia (X tons), Canada (X tons), Ukraine (X tons) and France (X tons) represented the largest exporter of wheat in the world, committing X% of total export. It was distantly followed by Argentina (X tons), achieving a X% share of total exports. The following exporters - Germany (X tons), Romania (X tons), India (X tons), Kazakhstan (X tons), Bulgaria (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest wheat supplying countries worldwide were Russia ($X), the United States ($X) and Australia ($X), with a combined X% share of global exports. Canada, Ukraine, France, Argentina, Germany, Romania, India, Bulgaria, Kazakhstan and Poland lagged somewhat behind, together accounting for a further X the main exporting countries, India, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average wheat export price stood at $X per ton in 2021, jumping by X% against the previous year. In general, the export price, however, showed a mild shrinkage. The global export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+X%), while the other global leaders experienced a decline in the export price figures.

Wheat Imports

Imports

In 2021, global imports of wheat rose modestly to X tons, picking up by X% compared with the year before. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X%. Global imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wheat imports skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria (X tons), Indonesia (X tons), China (X tons), Turkey (X tons), Egypt (X tons), Italy (X tons), the Philippines (X tons), Algeria (X tons), Bangladesh (X tons), Brazil (X tons), Mexico (X tons) and Japan (X tons) represented roughly X% of total imports in 2021. The Netherlands (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in Nigeria (with a CAGR of +X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), China ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of global imports.

In terms of the main importing countries, China, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wheat import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, showed a mild slump. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat in the world?
+
The countries with the highest volumes of in 2021 were China, India and Russia, together accounting for 38% of global consumption.
What are the largest producers of wheat in the world?
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The countries with the highest volumes of in 2021 were China, India and Russia, with a combined 41% share of global production.
What are the leading suppliers of wheat in the world?
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In value terms, the largest wheat supplying countries worldwide were Russia, the United States and Australia, together accounting for 39% of global exports. These countries were followed by Canada, Ukraine, France, Argentina, Germany, Romania, India, Bulgaria, Kazakhstan and Poland, which together accounted for a further 49%.
What are the leading importers of wheat in the world?
+
In value terms, the largest wheat importing markets worldwide were Indonesia, China and Nigeria, together accounting for 17% of global imports.
What is the average export price for wheat in the world?
+
In 2021, the average wheat export price amounted to $271 per ton, rising by 19% against the previous year.
What is the average import price for wheat in the world?
+
In 2021, the average wheat import price amounted to $274 per ton, jumping by 15% against the previous year.

This report provides an in-depth analysis of the global wheat market. 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 2030.


Product coverage:
• FCL 15 - Wheat

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

Company coverage:
Viterra, UG Rusi LLC, Cargill, Bunge, Dreyfus, Wudeli Flour Mill Group, Ardent Mills, Archer Daniels Midland Company, General Mills, Allied Pinnacle Pty Limited, Manildra Milling Pvt Ltd, Acarsan Flour, KORFEZ Flour Mills, George Weston Foods Limited, Hodgson Mill, Mtk Ltd, Vneshtorg-Rus LLC, Vostok-Snab, Diet Prom LLC, TPK Varna, Adascan Grain Corporation, ADM Agri-Industries Company, Agricom International Inc., Agrocorp Processing Ltd., Agri-Tel Grain Limited, Besco Grain Ltd.

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL 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. GLOBAL 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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
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:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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