In 2023, India imported maize except seed corn, totaling 64 million kilograms. From 2024 to 2028, projections indicate a steady annual growth, with import volumes increasing from 65.342 million kilograms in 2024 to 71.965 million kilograms in 2028. The annual growth rate from 2024 shows an incremental rise, signaling consistent demand or possible supply chain diversification. Year-on-year growth varies from approximately 2% to 3% annually, with a compound annual growth rate over five years reflecting a strong trend in import volume increase.
Future trends to watch for include global price fluctuations, potential trade agreements, and domestic maize production policies in India, all of which could significantly impact import dynamics.
