The 2023 data on global maize imports reveals varied growth across countries. Mexico leads with 19.31 million metric tons, growing by 2.25% year-on-year. Japan follows, though with a slight decline, reflecting negative growth of 0.12%. Meanwhile, countries like Bangladesh show significant growth at 3.68%, and Kenya with a remarkable 8.6%. South Africa highlighted as a notable outlier, experiencing a substantial 64% increase. Emerging markets such as India and Bolivia demonstrate strong growth rates of 13.63% and 11.92% respectively, signifying a rising demand in non-traditional markets.
Future trends point to increased demand in developing economies and potential shifts due to changing climates affecting domestic production capacities. Countries focusing on self-sufficiency may alter their import strategies, impacting global trade dynamics. Monitoring trade policies and climate impacts on local yields will be crucial for forecasting these changes in maize import volumes.
Top countries in Maize Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 19,310 | 2023 | +2.64% | +2.25% | View data |
| 2 | 2 Japan | 15,730 | 2023 | +0.3% | -0.12% | View data |
| 3 | 3 Vietnam | 11,800 | 2023 | +3.44% | +2.41% | View data |
| 4 | 4 Spain | 10,100 | 2023 | +2.28% | +0.97% | View data |
| 5 | 5 South Korea | 9,950 | 2023 | -0.12% | -0.56% | View data |
| 6 | 6 Iran | 9,720 | 2023 | +2.26% | +0.98% | View data |
| 7 | 7 China | 8,040 | 2023 | +0.66% | +0.47% | View data |
| 8 | 8 Egypt | 7,480 | 2023 | -0.68% | +0.013% | View data |
| 9 | 9 Italy | 6,380 | 2023 | +1.69% | +0.99% | View data |
| 10 | 10 Netherlands | 6,150 | 2023 | +0.99% | -0.075% | View data |
