In 2023, Indonesia emerged as the leading importer of wheat and meslin, surpassing other major importers with expenditures reaching 2.41 billion USD. Algeria and Italy followed closely, each importing wheat and meslin worth 1.79 billion USD. Egypt, Japan, and Brazil also represented substantial markets, importing between 1.34 and 1.54 billion USD. Other significant importers included Morocco, Spain, the Philippines, and South Korea, with values generally ranging around 1 billion USD.
Year-on-year analysis suggests a moderate growth trend in wheat and meslin imports for these countries, primarily driven by increased demand for staple foods and food security measures. Over the past five years, the compound annual growth rate (CAGR) indicates a stable rise in imports, highlighting consistent demand and consumption patterns.
Looking ahead, key trends to watch include fluctuations in global wheat production due to climate change, trade policies affecting import tariffs, and technological advancements in agricultural productivity. Additionally, geopolitical tensions in key wheat-producing regions could also impact future import dynamics.
Top countries in Top Importers of Wheat and Meslin
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Indonesia | 2,410 | 2016 | |
| 2 | 2 Algeria | 1,790 | 2016 | |
| 3 | 3 Italy | 1,790 | 2016 | |
| 4 | 4 Egypt | 1,540 | 2016 | |
| 5 | 5 Japan | 1,360 | 2016 | |
| 6 | 6 Brazil | 1,340 | 2016 | |
| 7 | 7 Morocco | 1,300 | 2016 | |
| 8 | 8 Spain | 1,300 | 2016 | |
| 9 | 9 Philippines | 1,040 | 2016 | |
| 10 | 10 South Korea | 1,010 | 2016 |
