In 2023, South Africa's corn supply was recorded at 18.16 million metric tons. For 2024, the forecasted supply is expected to rise marginally to 18.24 million metric tons, reflecting a modest year-on-year increase of about 0.44%. The upward trend continues in 2025, with supply reaching 18.33 million metric tons, showing a slight increase of approximately 0.49%. In 2026, the supply is projected to be 18.41 million metric tons, exhibiting a year-on-year growth of around 0.44%. The forecast further indicates a supply of 18.5 million metric tons in 2027, with a minimal rise of roughly 0.49%. By 2028, the supply is expected to reach 18.59 million metric tons, reflecting a slightly higher increase of about 0.49%.
Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) for South Africa's corn supply is projected to be around 0.47%.
Future trends to watch for include technological advancements in farming practices, climate change impacts, and shifts in domestic and global demand. Additionally, monitoring government policies and international trade agreements will be crucial in understanding the broader market dynamics influencing South Africa’s corn supply.
