Rye Market Overview in the USA

The revenue of the rye market in the U.S. amounted to $ in 2018, rising by % 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). In general, rye consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. Over the period under review, the rye market hit record highs at $ in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

In value terms, rye production totaled $ in 2018. Overall, rye production, however, continues to indicate an outstanding increase. The growth pace was the most rapid in 2010 when production volume increased by % against the previous year. Over the period under review, rye production reached its maximum level at $ in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Average yield of rye in the U.S. stood at tonne per ha in 2018, coming down by -% against the previous year. The yield figure increased at an average annual rate of +% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when yield increased by % y-o-y. Rye yield peaked at tonne per ha in 2016; however, from 2017 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.

Rye harvested area in the U.S. totaled ha in 2018, falling by -% against the previous year. Overall, the rye harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when harvested area increased by % against the previous year. In that year, the rye harvested area attained its peak level of ha. From 2016 to 2018, the growth of the rye harvested area remained at a somewhat lower figure.

In 2018, the amount of rye consumed in the U.S. totaled tonnes, surging by % against the previous year. Overall, the total consumption indicated a prominent expansion from 2007 to 2018: its volume increased at an average annual rate of +% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of % year-to-year. Over the period under review, the rye consumption attained its peak figure volume at tonnes in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

The revenue of the rye market in the U.S. amounted to $ in 2018, jumping by % 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, rye consumption continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when the market value increased by % y-o-y. Rye consumption peaked at $ in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Driven by increasing demand for rye in the U.S., the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from 2018 to , which is projected to bring the market volume to tonnes by the end of .

In 2018, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.

The U.S. remains a net importer of rye; in physical and value terms, imports consistently exceeded exports from 2007 to 2018. In 2018, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.