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Major Customers and International Sales
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Major Customers and International Sales

(7) Major Customers and International Sales

In 2021, there were three customers that accounted for 17%, 14% and 8%, respectively, of the Company’s consolidated sales. In 2020, there were three customers that accounted for 17%, 12%, and 10% of the Company’s consolidated sales. In 2019, there were three customers that accounted for 18%, 14% and 7% of the Company’s consolidated sales.

The Company primarily sells its products to distributors, buying cooperatives, other co-operative groups and, in certain territories, end users, and extends credit based on an evaluation of the customer’s financial condition. The Company had three significant customers who each accounted for approximately 11%, 4% and 4% of the Company’s receivables as of December 31, 2021. The Company had three significant customers who each accounted for approximately 8%, 4% and 3% of the Company’s receivables as of December 31, 2020. The Company has long-standing relationships with its customers and the Company considers its overall credit risk for accounts receivables to be moderate.

International sales for 2021, 2020 and 2019 were as follows:

 

 

 

2021

 

 

2020

 

 

2019

 

South and Central America

 

$

108,975

 

 

$

102,281

 

 

$

111,106

 

Mexico

 

 

40,724

 

 

 

33,517

 

 

 

28,835

 

Asia

 

 

26,234

 

 

 

19,290

 

 

 

15,554

 

Australia

 

 

20,257

 

 

 

9,902

 

 

 

2,798

 

Canada

 

 

10,377

 

 

 

10,572

 

 

 

11,637

 

Africa

 

 

3,468

 

 

 

6,072

 

 

 

6,750

 

Middle East

 

 

2,357

 

 

 

3,054

 

 

 

2,392

 

Europe

 

 

2,243

 

 

 

2,292

 

 

 

6,889

 

Total international net sales

 

$

214,635

 

 

$

186,980

 

 

$

185,961