Based on the 2023 data, China holds the largest share of global maize demand with 26.76 thousand metric tons, followed closely by the United States at 25.75 thousand metric tons. Brazil, Mexico, and Indonesia round out the top five with 5.64, 3.61, and 2.91 thousand metric tons respectively. In terms of year-on-year variation, notable increases include China (+2.56%), Indonesia (+1.72%), and India (+1.82%). Meanwhile, some declines were observed in Japan (-0.054%), Ukraine (-1.59%), and Germany (-1.47%). Over the last five years, the compounded annual growth rate has shown steady increments across most developed and emerging markets.
Future trends to watch for include the growing demand in emerging economies like India and Indonesia due to their expanding populations and improving diets. Efforts to boost domestic production in these countries may impact global trade dynamics. Furthermore, fluctuations in agricultural policies and climate change effects will continue to play a crucial role in shaping the global maize market.
Top countries in Maize Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.76 | 2023 | +2.45% | +2.56% | View data |
| 2 | 2 United States | 25.75 | 2023 | -0.078% | +0.65% | View data |
| 3 | 3 Brazil | 5.64 | 2023 | +1.04% | +0.62% | View data |
| 4 | 4 Mexico | 3.61 | 2023 | +1.18% | +0.94% | View data |
| 5 | 5 Indonesia | 2.91 | 2023 | +2.06% | +1.72% | View data |
| 6 | 6 India | 2.18 | 2023 | +1.4% | +1.82% | View data |
| 7 | 7 Argentina | 1.81 | 2023 | +1.14% | +1.99% | View data |
| 8 | 8 Egypt | 1.39 | 2023 | +0.92% | +1.62% | View data |
| 9 | 9 Vietnam | 1.35 | 2023 | +2.1% | +1.54% | View data |
| 10 | 10 Japan | 1.34 | 2023 | +0.36% | -0.054% | View data |
