Key Market Indicators
Canadians are expected to consume 810,000 metric tons of maize by 2026, up from 759,000 metric tons in 2021. This is an average annual growth rate of 1%. Since 2017, Canadian demand for maize has grown by 1.2% annually. In 2021, Canada ranked 39th, just behind Honduras at 759,000 metric tons. India, China, and Indonesia took the top three spots in this ranking. Additionally, Canadian maize production is projected to reach 14,859,000 metric tons by 2026, up from 14,018,000 metric tons in 2021. This is an average annual growth rate of 1%. Since 1966, Canadian supply has grown by 0.2% each year. In 2021, Russia ranked first with 14,018,000 metric tons, followed by China, Brazil, and Argentina.