Key Market Indicators
In the next 5 years, the Panamanian maize market is predicted to increase by 0.9% annually. By 2026, the country is expected to reach 144,000 metric tons of consumption. Since 2017, demand for maize has grown by 1% each year. In 2021, Panama was ranked 76th in the list of countries by maize consumption, lower than Rwanda at 137,000 metric tons. India, China, and Indonesia were the top three countries in the ranking. The production of maize in Panama is expected to reach 115,320 metric tons by 2026, with a growth rate of 0.4% each year. Since 1966, the supply of maize has decreased by 2.5% annually. In 2021, Panama was 97th in the list of countries by maize production, lower than the Netherlands at 112,760 metric tons. China, Brazil, and Argentina were the top three countries in the ranking.
