Key Market Indicators
Thai maize consumption is expected to reach 725,000 metric tons by 2026, according to figures from 2021. This is an increase of 0.5% year-on-year, on average, since 2017. Thailand was ranked 42nd in 2021, with Peru surpassing it with 701,000 metric tons. India, China, and Indonesia came in at 2nd, 3rd and 4th, respectively. Thai maize production, meanwhile, is forecast to reach 4.5 million metric tons by 2026, a decrease of 0.2% year-on-year CAGR since 1966. In 2021, the country was ranked 25th, with Vietnam overtaking it with 4.5 million metric tons. China, Brazil, and Argentina were ranked in 2nd, 3rd, and 4th place, respectively.
