Key Market Indicators
Vietnamese maize consumption is expected to surge to 1.6 million metric tons by 2026 from 1.46 million metric tons in 2021. This is an average increase of 1.5% year-on-year since 2017. In 2021, Vietnam ranked 24th in the world, with Angola coming in ahead at 1.46 million metric tons. India, China and Indonesia took the second, third and fourth spots. Meanwhile, production of maize in Vietnam is expected to reach 5.11 million metric tons by 2026 from 4.93 million metric tons in 2021, with a CAGR of 0.6% year-on-year since 1966. Vietnam was the 24th largest producer in 2021, with Paraguay coming in higher at 4.93 million metric tons. China, Brazil and Argentina took the second, third and fourth spots respectively.
