Key Market Indicators
Namibia is forecast to reach 132 thousand metric tons in maize consumption by 2026. This would be an increase of 0.8% from 2021's 126 thousand metric tons. Since 2017, demand has grown at an average of 0.8% per year. It currently ranks 78th in the world, just behind Panama's 126 thousand metric tons. India, China, and Indonesia rank second, third, and fourth respectively. Namibian maize production is estimated to fall by 0.5% annually to reach 47,630 metric tons by 2026. This is down from 49,600 metric tons in 2021. Since 1966, supply has grown at an average of 2.6% per year. Namibia ranks 110th in the world, just behind Morocco's 49,600 metric tons. China, Brazil, and Argentina rank second, third, and fourth respectively.
