Key Market Indicators
Venezuelan maize consumption is expected to decline by an average of 0.3% year-on-year, reaching 1.5 million metric tons by 2026. In 2021, the country ranked 22nd, with 1.5 million metric tons, behind Guatemala. India, China, and Indonesia took the top three spots in the ranking. Meanwhile, Venezuelan maize production is forecast to drop 0.1% annually over the same period, totalling 1.8 million metric tons by 2026. In 2021, the nation placed 48th, with 1.8 million metric tons, behind Guatemala. China, Brazil, and Argentina came second, third, and fourth in the ranking.
