DUBLIN–(BUSINESS WIRE)–The “U.S. Wet Corn Market Analysis And Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The revenue of the wet corn market in the U.S. amounted to $8.7B in 2018, dropping by -8.3% against the previous year.
This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, wet corn consumption continues to indicate a drastic deduction. The pace of growth appeared the most rapid in 2016 with a decrease of -1.8% against the previous year. Wet corn consumption peaked at $15.3B in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.
Wet Corn Production in the U.S.
In value terms, wet corn production stood at $9.6B in 2018. In general, wet corn production continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when production volume decreased by -1.1% year-to-year. Wet corn production peaked at $16.7B in 2013; however, from 2014 to 2018, production remained at a lower figure.
Exports from the U.S.
In 2018, the amount of wet corn exported from the U.S. stood at 2.1M tonnes, falling by -15.1% against the previous year. Over the period under review, wet corn exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2016 when exports increased by 5.2% year-to-year. Over the period under review, wet corn exports reached their peak figure at 2.6M tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.
In value terms, wet corn exports stood at $922M in 2018. In general, wet corn exports continue to indicate a deep shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 1.8% y-o-y. Over the period under review, wet corn exports attained their peak figure at $1.6B in 2013; however, from 2014 to 2018, exports remained at a lower figure.
Imports into the U.S.
In 2018, approx. 467K tonnes of wet corn were imported into the U.S., increasing by 5.5% against the previous year. Overall, the total imports indicated a strong expansion from 2013 to 2018: its volume increased at an average annual rate of +9.5% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wet corn imports increased by +57.5% against 2013 indices. The growth pace was the most rapid in 2015 with an increase of 16% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.
In value terms, wet corn imports totaled $506M in 2018. The total import value increased at an average annual rate of +7.7% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 12% y-o-y. In that year, wet corn imports reached their peak and are likely to continue its growth in the immediate term.
The report provides an in-depth study of the U.S. wet corn market. It reveals the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains existing data on the biggest players in the industry.
Key Topics Covered:
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 Market Structure
3.3 Trade Balance
3.4 Per Capita Consumption
3.5 Market Forecast to 2025
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
The Latest Trends and Insights into the Industry
7.1 Production Volume and Value
The Largest Import Supplying Countries
8.1 Imports from 2013-2018
8.2 Imports by Country
8.3 Import Prices by Country
The Largest Destinations for Exports
9.1 Exports from 2013-2018
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
For more information about this report visit https://www.researchandmarkets.com/r/m37vid
Laura Wood, Senior Press Manager
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