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South America Wheat Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The South America Wheat Market is segmented by geography (Argentina, Brazil, Chile, Paraguay, and Rest of South America). The report includes production, consumption, and trade analyses of the markets in the region.

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Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 4.5 %

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Market Overview

The South American wheat market is projected to register a CAGR of 4.5% during the forecast period (2020-2025). Wheat is one of the crops which are produced on a mass scale, apart from maize, in South American countries. According to FAO, South America produced about 27 million metric tons of wheat in 2018. Major producers of wheat in South America are Argentina, Brazil, Chile, Paraguay, Uruguay, and Peru. Argentina is the highest producer and exporter of wheat in South America. This local demand is likely to drive the market during the forecast period.

Scope of the report

The South American wheat market is segmented by geography (Argentina, Brazil, Chile, Paraguay, and Rest of South America). For the purpose of this report, wheat grains have been considered for the analysis of production, consumption, and trade.

Geography
Argentina
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Brazil
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Chile
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Paraguay
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis

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Key Market Trends

Argentina Dominates in Terms of Production Volume

Argentina is the largest producer of wheat in South America, with 18.51 million metric ton in 2018. According to FAO, it is the 7th largest exporter of wheat in the world. It exported around 11.72 million metric ton in 2018. Major importers of Argentinian wheat are Brazil, Algeria, Indonesia, Chile, Thailand, Peru, and Kenya. Brazil is the top importer of Argentina wheat with almost 50% of Argentina's exports, which was 5.91 million metric ton. Climatic conditions and Argentina's quality soil is the key reason behind its hefty wheat production.

South America Wheat Market

Brazil is the Largest Importer of Wheat in the Region

Even though Brazil is the second-largest producer of wheat in South America with 5.5 million metric ton in 2018, the country has to depend on imports to meet domestic demand. According to ITC Trade data, Brazil is the 7th largest importer of wheat in the world, the country imported around 6.5 million metric ton in 2019. Brazil mainly imports from Argentina, being a regional exporter, the costs of importing from Argentina is much lesser than cross border imports. North American imports are also increasingly becoming popular, in 2019 around 425,038 metric ton of wheat were imported from the United States. Brazil has the potential to turn into a wheat exporting country from an importing one. Introduction of new-age technology, efficient utilization of available land area, and support of public policy will ensure the growth of wheat production in the region during the forecast period.

South America Wheat Market

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 Value Chain Analysis

    6. 4.6 PESTLE Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 Argentina

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis and Market Value

        3. 5.1.1.3 Import Market Analysis (Volume and Value)

        4. 5.1.1.4 Export Market Analysis (Volume and Value)

        5. 5.1.1.5 Price Trend Analysis

      2. 5.1.2 Brazil

        1. 5.1.2.1 Production Analysis

        2. 5.1.2.2 Consumption Analysis and Market Value

        3. 5.1.2.3 Import Market Analysis (Volume and Value)

        4. 5.1.2.4 Export Market Analysis (Volume and Value)

        5. 5.1.2.5 Price Trend Analysis

      3. 5.1.3 Chile

        1. 5.1.3.1 Production Analysis

        2. 5.1.3.2 Consumption Analysis and Market Value

        3. 5.1.3.3 Import Market Analysis (Volume and Value)

        4. 5.1.3.4 Export Market Analysis (Volume and Value)

        5. 5.1.3.5 Price Trend Analysis

      4. 5.1.4 Paraguay

        1. 5.1.4.1 Production Analysis

        2. 5.1.4.2 Consumption Analysis and Market Value

        3. 5.1.4.3 Import Market Analysis (Volume and Value)

        4. 5.1.4.4 Export Market Analysis (Volume and Value)

        5. 5.1.4.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The South America Wheat Market market is studied from 2016 - 2026.

The South America Wheat Market is growing at a CAGR of 4.5% over the next 5 years.

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