Key Market Indicators
Ukraine's consumption of maize is projected to reach 1.04 million metric tons by 2026, up from 920 thousand metric tons in 2021. This is an average year-on-year growth rate of 2%. Since 2017, Ukrainian consumption of maize has risen by 2.8% annually. In 2021, Ukraine was the 34th highest consumer of maize, with Germany overtaking it with 920 thousand metric tons. India, China, and Indonesia were the second, third, and fourth highest consumers. Ukraine's production of maize is set to reach 46.2 million metric tons by 2026, up from 38.6 million metric tons in 2021. This equates to a compound annual growth rate of 3%. Since 1997, Ukrainian maize production has risen 6.6% annually. In 2021, Ukraine was the fifth biggest producer of maize, with Argentina ahead with 38.6 million metric tons. China, Brazil, and Argentina were the second, third, and fourth biggest producers.