| Year | Import Volume (Million Metric Tons) | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 7.42 | - |
| 2025 | 7.37 | -0.67% |
| 2026 | 7.32 | -0.68% |
| 2027 | 7.26 | -0.82% |
| 2028 | 7.21 | -0.69% |
The forecasted Compound Annual Growth Rate (CAGR) shows an average yearly decline of approximately -0.76% over the period from 2024 to 2028.
- Impact of Climate Change: Climate variability could significantly affect maize production volumes and import needs.
- Policy Changes: Government agricultural policies or trade agreements might influence import volumes.
- Economic Factors: Fluctuations in global prices and local economic conditions can alter import volumes.
- Technological Advancements: Innovations in agricultural techniques could help reduce dependency on imports.
