The top importers of maize in 2023 were led by Japan, importing maize worth 3.07 billion USD, followed by Mexico, South Korea, and Egypt. The value-based import market showed a slight increment over the previous year, indicating a steady demand for maize in these countries. Over the last five years, the market has experienced a moderate CAGR, reflecting consistent growth in imports.
Future trends to watch include:
- Increased imports in Asia due to growing demand in food and feed industries.
- Potential impact of climatic changes on domestic maize production, influencing import needs.
- Technological advancements improving yield efficiencies, potentially stabilizing import levels.
Top countries in Top Importers of Maize
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Japan | 3,070 | 2016 | |
| 2 | 2 Mexico | 2,690 | 2016 | |
| 3 | 3 South Korea | 1,900 | 2016 | |
| 4 | 4 Egypt | 1,520 | 2016 | |
| 5 | 5 Spain | 1,210 | 2016 | |
| 6 | 6 Netherlands | 935.25 | 2016 | |
| 7 | 7 Italy | 891.82 | 2016 | |
| 8 | 8 Colombia | 871.45 | 2016 | |
| 9 | 9 Algeria | 769.24 | 2016 | |
| 10 | 10 Malaysia | 711.14 | 2016 |
