In 2023, China leads the global corn supply with a 29.59% share, followed by the United States at 24.69%, and Brazil at 8.22%. Other notable contributors include Argentina (3.28%) and Mexico (2.89%). Over the past year, the United States saw a modest increase of 0.14%, while Brazil and India experienced significant growth of 4.64% and 4.0%, respectively. Conversely, Mexico's share decreased by 0.22%, and Ukraine's by 3.12%. African countries such as Nigeria and Ghana showed considerable growth, at 2.7% and 9.4%, respectively.
Looking ahead, potential future trends to watch include the sustained growth of Brazil as a leading corn supplier, the recovery of Ukraine's supply share amidst geopolitical tensions, and the increasing contributions from emerging markets in Africa and South Asia. Additionally, climate change impacts and advancements in agricultural technology could significantly alter the global corn supply dynamics.
Top countries in Corn Supply Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 29.59 | 2023 | +0.2% | +0.89% | View data |
| 2 | 2 United States | 24.69 | 2023 | +9.85% | +0.14% | View data |
| 3 | 3 Brazil | 8.22 | 2023 | -1.27% | +4.64% | View data |
| 4 | 4 Argentina | 3.28 | 2023 | +56.71% | +0.99% | View data |
| 5 | 5 Mexico | 2.89 | 2023 | -1.2% | -0.22% | View data |
| 6 | 6 India | 2.15 | 2023 | -9.02% | +4% | View data |
| 7 | 7 Ukraine | 1.87 | 2023 | -7.74% | -3.12% | View data |
| 8 | 8 Canada | 1.18 | 2023 | +3.68% | +1.31% | View data |
| 9 | 9 South Africa | 1.11 | 2023 | 0% | +4.89% | View data |
| 10 | 10 Egypt | 0.99 | 2023 | +11.84% | -1.16% | View data |
