Key Market Indicators
Paraguay is projected to consume 507,000 metric tons of maize by 2026, a 0.4% increase from 495,000 metric tons in 2021. Since 2017, demand for maize in Paraguay has risen by 0.1% every year. In 2021, Paraguay was the 50th largest consumer of maize, behind Argentina’s 495,000 metric tons. China, India, and Indonesia were the top three consumers at 2, 3 and 4, respectively. Paraguay’s maize production is forecast to reach 7.09 million metric tons by 2026, a 2.7% increase from 6.03 million metric tons in 2021. Since 1966, production has jumped by an average of 3.2% every year. In 2021, Paraguay was the 22nd largest producer, behind Italy’s 6.03 million metric tons. China, Brazil, and Argentina ranked 2, 3 and 4, respectively.
